Latest News
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Celestica: Q2 Earnings Snapshot
Celestica Inc. (CLS) on Monday reported second-quarter earnings of $368.8 million. On a per-share basis, the Toronto-based company said it had profit of $3.17. Earnings, adjusted for one-time gains and costs, came to $2.54 per…
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South Korea’s KOSPI tumbles 11% as chipmakers slump
South Korean shares tumbled nearly 11 per cent on Tuesday in their worst session in about five months, as a global selloff in chipmakers hammered SK Hynix and Samsung Electronics, and CXMT’s stellar market debut…
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Oil prices drop 6% after U.S., Iran pause fighting – July 27/26
Oil prices hovered around a one-week low on Monday after the U.S. and Iran paused strikes over the weekend following two weeks of attacks, raising hopes of a diplomatic solution that would de-escalate the conflict…
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AMD set to unveil next generation AI hardware to challenge Nvidia
Advanced Micro Devices AMD-Q -2.29%decrease is set to launch a raft of AI hardware that will rival Nvidia NVDA-Q -1.56%decrease on Thursday at an event at a downtown convention centre in San Francisco. AMD is attempting to capture market share from…
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Trump to slap ‘sweeping’ new tariffs on 60 trade partners as global duties expire
The Trump administration will impose new tariffs just after midnight ET Friday on dozens of countries over alleged forced-labor violations, according to a notice in the Federal Register. The duties, set between 10% and 12.5%, will effectively replace President Donald Trump’s temporary 10%…
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Crude oil prices top US$100, surging to three-month high as Middle East conflict escalates
Crude oil prices surged to a three-month high on Thursday amid concerns that the conflict between the United States and Iran is widening across the Middle East and could spark another global inflationary spiral. Hostilities…
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Intel forecast crushes estimates as AI boom boosts chip demand; shares jump
Intel INTC-Q -2.33%decrease forecast quarterly profit and revenue above estimates on Thursday, anticipating strong demand for its server central processing unit (CPU) chips as the artificial intelligence boom fuels a computing infrastructure buildout. Shares jumped 8 per cent…
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Carney won’t rule out imposing retaliatory tariffs on U.S.
Canada won’t rule out imposing retaliatory tariffs on the United States if the White House moves ahead with a new wave of trade actions, Prime Minister Mark Carney said Thursday, even as he made avoiding…
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Trump’s 50% tariff on Canadian goods
On July 20, 2026, President Trump signed three separate proclamations under Section 338 of the Tariff Act of 1930, adding a 50% tariff on select Canadian goods, taking effect August 19, 2026. The mechanism is…