OTTAWA — Prime Minister Mark Carney said Friday he will meet with U.S. President Donald Trump at the White House on Tuesday. It will be the first face-to-face meeting for […]
Author: Consultant
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U.S.-Iran Nuclear Talks Delayed Amid Sanctions, Explosions, and Leadership Shake
Politics, Geopolitics & Conflict – The fourth round of indirect nuclear negotiations between the U.S. and Iran, initially scheduled for May 3 in Rome, has been postponed. While Omani officials […]
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Crude Oil Prices Retreat as Demand Cracks and Supply Risks Mount
Crude oil futures tumbled over the past week, falling more than 6% as concerns over weakening global demand and a resurgent supply outlook weighed on sentiment. West Texas Intermediate (WTI) […]
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OPEC+ to meet on Saturday to set June output policy: Reuters
Eight OPEC+ countries will meet on Saturday to decide whether to agree a further accelerated oil output hike for June or make a smaller increase as originally planned, two sources […]
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Calendar: May 5 – May 9
Monday May 5 Japan, China and U.K. markets closed (9 a.m. ET) Canada’s S&P Global Services PMI for April. (9:45 a.m. ET) U.S. S&P Global Services and Composite PMI for […]
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Imperial Oil reports Q1 profit up from last year as revenues increase
Imperial Oil Ltd. reported a first-quarter profit of $1.29 billion, up from $1.20 billion in the same quarter last year. The company says the profit amounted to $2.52 per diluted […]
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CN Rail profits rise despite U.S. trade war, as cargo volumes inch up
Canadian National Railway Co. CNR-T +4.31%increase says profits rose five per cent in its latest quarter as the country’s biggest railroad operator worked through a trade war set off by U.S. President Donald […]
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Auto parts company Magna International reports US$146-million first-quarter profit
Magna International Inc. MG-T -3.73%decrease reported its first-quarter profit rose compared with a year ago as sales decreased. The auto parts company says its profit attributable to the company was US$146-million, compared with […]
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GM to cut shift at Oshawa, Ont., assembly plant, citing Trump tariffs
General Motors Co. GM-N +0.20%increase said it will cut production at its pickup-truck plant in Oshawa, Ont., by the fall, a move the union says will result in more than 2,000 job losses […]