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Credit quality is deteriorating in Canada, and banks are feeling the impact

Credit quality is deteriorating in Canada, and banks are feeling the impact. Toronto-Dominion Bank and Canadian Imperial Bank of Canada both reported fiscal first-quarter results that included higher provisions for loan losses, contributing to earnings that missed analysts’ estimates. Toronto-Dominion, Canada’s second-largest lender by assets, set aside $ 850 million[Read More…]

Regus opens sixth business centre in Oman

Muscat: Leading global workspace provider Regus has announced the opening of a new business centre in Muscat to meet the growing demand for flexible workspaces in the Sultanate. The Oman Hormuz Grand Regus Business Centre is conveniently located in Al Matar Street, Airport Heights in Al Seeb, adjacent to Muscat[Read More…]