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Thomson Reuters reaffirms 2025 financial forecasts amid economic turmoil
Thomson Reuters TRI-T +1.53%increase on Thursday reaffirmed 2025 financial guidance amid tariff-induced global economic turmoil that has led some companies to revise or scrap forecasts altogether. The Toronto-based content and technology company reported […] This post is only…
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Oil prices drop on U.S. economic contraction, possible OPEC+ supply rise
Oil prices fell on Thursday, extending a steep decline the previous session due to signs that Saudi Arabia, the world’s largest crude exporter, could raise production and data showing a […] This post is only…
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ATD: Couche-Tard wins access to 7-Eleven owner’s confidential financial data
Alimentation Couche-Tard Inc. has won access to Seven & i Holdings Co.’s confidential financial data after months of effort, a critical step in its bid to take over its Japanese […] This post is only…
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U.S. weekly unemployment claims rise more than expected as tariffs weigh on economy
The number of Americans filing new applications for unemployment benefits increased more than expected last week, potentially hinting at a pickup in layoffs from tariffs, which weighed on the economy […] This post is only…
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Gildan Activewear sees Q1 profit rise to US$84.7 million, net sales also up
Gildan Activewear Inc. saw its earnings rise to US$84.7 million in its latest quarter. The Montreal-based apparel maker, which keeps its book in U.S. dollars, says the first-quarter profit compared […] This post is only…
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Economy shrunk 0.2% in February, StatCan estimates 1.5% annualized growth for Q1
The Canadian economy shrunk in February, but economists say bad weather was likely the larger culprit than uncertainty related to the trade war with the U.S. Statistics Canada said Wednesday […] This post is only…
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TSX Holidays 2025
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OPEC+ to consider another accelerated oil output increase for June, sources say
Several OPEC+ members will suggest the group accelerates oil output hikes in June for a second consecutive month, three sources familiar with OPEC+ talks told Reuters, as a dispute worsens […] This post is only…
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Economic Calendar: April 28 – May 2
Monday April 28 China industrial profits Germany retail sales (8:30 a.m. ET) Canadian wholesale trade for March. (10:30 a.m. ET) Bank of Canada’s Market Participants Survey for Q1. Also: Canadian […] This post is only…