Australia is the world’s largest producer and a major exporter of iron ore. One of the critical components of construction and infrastructure industry steel is made from iron ore. Prices of iron ore have fallen to $90 per ton as of early December due to reduced demand from China. Further price declines are expected. As …
Canada is a resource-based economy. The S&P/TSX Composite Index is comprised of over 30% with the energy and materials sector. Natural resources worth billions of dollars are exported every year. The following infographic shows 10 facts on the Canadian minerals sector: Click to enlarge Source: Natural Resources Canada
The Bank Director magazine published a list of banks with the best growth strategy from its RankingBanking list. These banks are a mixture of small regional and community banks. The banks were selected based on the below criteria: To examine the growth strategies of the RankingBanking banks, Bank Director analyzed year-over-year growth from 2019 to …
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Gold is an important asset class to own in a well diversified portfolio. How much gold should one have depends on depends on many factors including an individual’s circumstances. While gold does not produce income such as dividends, it can offer a cushion to a portfolio especially when equity markets turn volatile. During market downturns …
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The Top 10 Medical Devices Companies in the World based on revenues in 2020 are shown in the chart below. The ranking is based on revenues from their medical device segments only. Similar to the pharmaceutical industry, the medical devices market is also huge. In the US for example, a simple medical bed from Stryker …
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