Market Watch: July 9 rdnewsnow.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rdnewsnow.com Daily Mail and Mail on Sunday newspapers.
Scotiabank Bahamas urges preparation for homeownership ewnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ewnews.com Daily Mail and Mail on Sunday newspapers.
It was a busy week full of important economic readings, corporate news and earnings releases.
In the U.S., inflation numbers released Tuesday showed the Consumer Price Index jumping sharply from 1.7 per cent YoY in February to 2.6 per cent YoY in March. Price pressures have been front and centre as a rise in inflation maybe a troubling side effect of an expected surge in economic growth. Even with the yoy increase, many observers – including the Fed – believe a long-lasting rise in inflation remains theoretical and any spikes transitory as stimulus measures wane in the coming months.
Retail sales similarly surged in March, up 9.8 per cent, on the backs of stimulus money, vaccinations and business re-openings. There was also good news on the jobs front as fewer people applied for first-time unemployment benefits in the week ended April 10, a decrease from the prior week. Also in the U.S., Q1 earnings season got underway this week with many of America’s blue-chip companies al
Bank touts equality and diversity for greater organizational effectiveness
NASSAU, BAHAMAS Scotiabank Bahamas today reaffirmed its commitment to diversity and gender equality throughout its operations as the bank observes International Women’s Day 2021.
Scotiabank Bahamas Director of Human Resources Nadia Stubbs.
Both locally and across the Caribbean region, the bank is also celebrating the achievement of record numbers of women across its senior leadership ranks. In the Bahamas, more than 75 percent of middle management and executives at the directorship level are women while at the senior management and company board level, women account for approximately 57 percent of its leaders.
In January, Scotiabank named Anya Schnoor a Caribbean national as the executive vice president for the bank’s operations in the Caribbean, Central America and Uruguay (CCAU) region.