Oil prices will gain some momentum this year as demand picks up and output curbs by the OPEC+ producer group continue to squeeze supply that is already being pressured by […]
Author: Consultant
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Enbridge forms U.S. gas venture to feed LNG demand
Calgary-based Enbridge Inc. ENB-T -0.82%decrease is joining forces with I Squared Capital and pipeline firms WhiteWater and MPLX MPLX-N +0.47%increase to connect natural gas supplies from the Permian Basin to the U.S. Gulf Coast. The joint […]
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Manulife Financial signs $5.8-billion reinsurance deal with RGA Life
Manulife Financial MFC-T +1.30%increase said on Monday it has agreed to reinsure $5.8-billion of reserves of Canadian Universal Life block, as the country’s top insurer looks to de-risk its business and improve shareholder […]
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Calendar: Mar 25 – Mar 28.
Monday March 25 Japan department store sales (8:30 a.m. ET) U.S. Chicago Fed National Activity Index for February. (10 a.m. ET) U.S. new home sales for February. The Street is […]
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ALIMENTATION COUCHE-TARD ANNOUNCES ITS RESULTS FOR ITS THIRD QUARTER OF FISCAL YEAR 2024
For its third quarter ended February 4, 2024, Alimentation Couche-Tard Inc. (“Couche-Tard” or the “Corporation”) (TSX: ATD) announces net earnings attributable to shareholders of the Corporation of $623.4 million, representing $0.65 per share on a diluted basis, compared […]
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Gold hits fifth record high in March on Fed rate-cut view
Gold prices on Thursday hit record highs for the fifth time this month after the U.S. Federal Reserve signaled it would press ahead with three rate cuts in 2024 despite […]
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U.S. Federal Reserve holds interest rates steady, still sees three cuts in 2024
U.S. Federal Reserve officials signaled Wednesday that they still expect to cut their key interest rate three times in 2024, fueling a rally on Wall Street, despite signs that inflation […]
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Gold prices have hit record highs. Here’s why they could rally further
Gold prices hit a new all-time high recently, and there’s still room for it to surge as some countries continue on a gold buying spree. Strong physical demand for gold […]
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Canada’s inflation rate takes surprising dip to 2.8 per cent
Canada’s inflation rate unexpectedly fell last month, and underlying price pressures appear to be fading fast, opening the door for the Bank of Canada to discuss lowering interest rates. The Consumer Price […]