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Cameco shares surge on uranium prices as governments warm to nuclear power
With its one-time pariah commodity back in vogue, one of Canada’s biggest mining companies is reaching valuations not seen in more than 15 years.Cameco Corp. CCO-T +0.04%increase is benefiting from a resurgence in […] This post is only…
Oil prices climb on supply concerns, recovery in demand in China
Oil prices rose for a third straight session on Monday, buoyed by forecasts of a widening supply deficit in the fourth quarter after Saudi Arabia and Russia extended cuts and […] This post is only…
Economic Calendar: Sept 18 – Sept 22
Markets will be laser focused on the U.S. Federal Reserve this week, which is expected to keep the Fed funds target range unchanged at 5.25% to 5.50% after it was […] This post is only…
Loblaw workers approve action to strike
More Canadian grocery workers may go on strike at the end of the month, according to reporting from CBC Radio-Canada.Employees at Real Canadian Superstore, No Frills, and Extra Foods in Manitoba have […] This post is only…
UAW strikes at GM, Ford, Stellantis plants after no new contract reached
The United Auto Workers union went on strike at three plants owned by the Big Three automakers – General Motors, Ford and Stellantis – after the two sides did not reach […] This post is only…
China Industrial Output, Retail Sales Growth Improve In August
Published: 9/15/2023 12:24 AM ETChina’s industrial production and retail sales growth improved more than expected in August, official data revealed on Friday.Industrial production posted an annual increase of 4.5 percent, the […] This post is only…
Gold Inches Higher As ECB Signals End To Rate Hikes
Published: 9/15/2023 6:05 AM ETGold prices inched higher on Friday, as the dollar retreated after refreshing a six-month high on strong U.S. data released overnight.Spot gold rose 0.4 percent to $1,918.38 […] This post is only…
Oil Prices Gain On Optimism Over China Demand Outlook
Published: 9/15/2023 5:51 AM ETOil prices rose on Friday and were on track for a third consecutive week of gains on news that Chinese refiners broke refining rate records in August.Benchmark […] This post is only…
Sept 15 AM: Bay Street Likely To Open On Firm Note
Canadian shares look headed for a positive start on Friday, tracking European markets and higher commodity prices following encouraging economic data from China and easing concerns about interest rates.CGI Group, Inc.(GIB, GIB-A.TO) […] This post is only…