Inflation is biggest risk to portfolios, say investors

Air Canada reached a tentative agreement with its pilots union, averting a strike that would have cancelled flights and shut down operations. The new four-year collective agreement, pending member ratification, addresses pilots' demands for wage increases to narrow the pay gap with U.S. carriers. The Canadian government did not intervene, unlike in a recent rail strike, and Air Canada had previously offered a 30% wage increase, improved benefits, but the union found it insufficient compared...

Iran launched a satellite into space using a rocket built by the Revolutionary Guard, amid tensions in the Middle East and concerns over Tehran's ballistic missile program. The satellite, carried by the Qaem-100 rocket, was put into orbit successfully, raising further alarm over Iran's space program and potential military capabilities. The launch coincides with Iran's uranium enrichment activities, heightened international scrutiny, and the uncertainty surrounding the new president's stance on the program. Full Article

German billionaire Mathias Döpfner and KKR are nearing a deal to split up Axel Springer, with KKR gaining majority control of the classifieds business in a €13.5bn valuation. The move would allow KKR to exit its investment after five turbulent years and enable Döpfner to cement his control over the company's media outlets, including Politico and Business Insider. The split would free KKR and CPPIB from controversies in Axel Springer's news business and allow Döpfner...

For just $19.97, Microsoft Project 2021 Professional provides project managers with a comprehensive set of tools to efficiently tackle projects of all sizes, ensuring they stay on track from start to finish. With features such as automated scheduling, resource allocation, and clear task tracking, it enhances visibility and communication within teams, enabling projects to be delivered on time and within budget. The software's flexibility and scalability make it an ideal solution for businesses looking to...

Travelers are advised to start planning and booking holiday travel in October to take advantage of low prices, with Travel Tuesday following Thanksgiving as a potential last-minute option for deals. Prices for Thanksgiving and Christmas flights are expected to decrease until reaching their lowest point in early October, with precautions recommended to avoid disruptions such as flying on peak days and allowing extra time for delays and cancellations. It is suggested to book the first...

Entrepreneur's disclosure states that they may earn revenue from products featured. As hybrid work becomes more popular, Koofr offers a seamless cloud storage solution for organizing files across devices with privacy features. For $119.97, get lifetime access to 1TB of storage with code KOOFR40, ideal for professionals looking to stay organized and efficient in their hybrid work environments. Full Article