Nobel sold for Ukrainian kids shatters record at $103.5-million

Nobel sold for Ukrainian kids shatters record at 3.5-million

The Nobel Peace Prize auctioned off by Russian journalist Dmitry Muratov to raise money for Ukrainian child refugees sold Monday night for $103.5-million, shattering the old record for a Nobel. A spokesperson for Heritage Auctions, which handled the sale, could not confirm the identity of the buyer but said the winning bid was made by … Read more

Seller of Yorkville condo takes first and only offer

Seller of Yorkville condo takes first and only offer

Sotheby’s International Realty Canada 32 Davenport Rd., No. 2704, Toronto Asking price: $859,000 (April, 2022) Selling price: $850,000 (April, 2022) Tax: $3,715 (2021) Days on the market: Oven Listing agents: Lucille Chenoweth and Myles Slocombe, Sotheby’s International Realty Canada Sotheby’s International Realty Canada The action This one-bedroom-plus-den suite was one of a few options up … Read more

Former Chelsea owner Roman Abramovich files lawsuit against European Union Council

Former Chelsea owner Roman Abramovich files lawsuit against European Union Council

Russian billionaire Roman Abramovich arrives at a division of the High Court, in central London, on Oct. 31, 2011.Andrew Winning/Reuters Roman Abramovich has filed a lawsuit at the EU’s general court against the European Union Council, which imposed sanctions on the former Chelsea owner as part of measures targeting Russia and President Vladimir Putin’s close … Read more

Loblaw profit jumps nearly 40% even as inflation drives up costs for retailers

Loblaw profit jumps nearly 40% even as inflation drives up costs for retailers

Loblaw Companies Ltd. LT saw its profits jump by nearly 40 per cent in the first quarter, even as inflationary pressures have increased costs for retailers and their product suppliers. Loblaw reported on Wednesday that internal price increases at its grocery stores have tracked slightly higher than the Consumer Price Index. Although government-imposed restrictions related … Read more

Nintendo Reportedly Expecting 10% Decrease In Switch Sales Due To Supply Issues

Nintendo Reportedly Expecting 10% Decrease In Switch Sales Due To Supply Issues

Picture: Nintendo Although there’s still a lot of demand for the Switch, Nintendo is reportedly bracing itself for a decline in hardware sales. According to Nikkei Asia, the Japanese video game giant expects to sell “only about 20 million Switch game consoles” in the current fiscal year, which would be a 10% decrease from fiscal … Read more

Demand Destruction May Kick In After Lithium Price Explosion

Demand Destruction May Kick In After Lithium Price Explosion

After skyrocketing by almost 500 percent over the past 12 months, lithium prices are beginning to slow their climb as current price levels begin to affect demand adversely. Lithium carbonate, the form in which the crucial battery metal is frequently traded, quadrupled in price in 2021 and has continued to rise since the start of … Read more