A $400-million lawsuit against four businesses, two of them large corporations, filed on behalf of a group of Mexican migrants who were illegally trafficked across the GTA and housed in […]
Author: Consultant
China’s rare earths industry has a raw materials problem
65Mary HuiMon, April 3, 2023 at 6:00 AM CDT·3 min readIn this article:MP-2.60%China may already dominate the world’s supply chains of rare earth metals. Even so, it is increasingly worried about […]
TSX Rises Past 20k Mark, Ends Higher For 6th Straight Day
Published: 3/31/2023 6:09 PM ETThe Canadian market extended its winning streak to a sixth session with stocks from technology, consumer discretionary and industrials sectors posting strong gains on Friday.The mood was bullish […]
OPEC+ just made the Fed’s job more complicated. Here’s why they did it — and what could be next
Several OPEC+ members on Sunday announced intentions to voluntarily cut a further combined 1.16 million barrels per day of production, in a move independent from the broader bloc’s output strategy. […]
Teck Resources rejects unsolicited acquisition proposal from Glencore
Canada’s Teck Resources Ltd TECK-B-T +0.80%increase said on Monday that its board has unanimously rejected an unsolicited acquisition proposal from Swiss commodity firm Glencore Plc.U.S.-listed shares of Teck rose 10 per cent in […]
Rogers takeover of Shaw generates substantial fees for lawyers, financial advisers
Rogers Communications Inc. RCI-B-T -2.88%decrease paying $20-billion to buy Shaw Communications Inc.SJR-B-T +3.27%increase is among the largest ever made-in-Canada corporate takeovers, but the windfall for the many bankers, lawyers and other professionals who advised on […]
Oil prices surge 5% after OPEC’s surprise output cut; analysts warn of $100 per barrel
Oil prices soared as much as 8% at the open after OPEC+ announced it was slashing output by 1.16 million barrels per day. The voluntary cuts will start from May […]
OPEC+ announces surprise cuts of around 1.16 mbpd from May to year-end
DUBAI (Reuters) – Saudi Arabia and other OPEC+ oil producers on Sunday announced further cuts in their production amounting to around 1.16 million barrels per day in a surprise move […]
Dollarama profit jumps nearly 19% as high inflation drives Canadians to discount retailer
Canada’s main stock index extended gains on Wednesday, helped by energy stocks, while discount store chain Dollarama advanced after posting quarterly revenue above estimates.Dollarama Inc rose 1.2% and hit a […]