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IF you have been wondering what meaning to attach to that irritating phrase the Carney Liberals use to describe themselves, “Canada’s New Government” – which was irritating enough when it was first employed, under Stephen…

Oil prices jumped more than 6% Wednesday, after President Donald Trump said he will maintain the U.S. naval blockade against Iran until they agreed to a nuclear deal. International benchmark Brent crude futures rose more than 6%…

The Bank of Canada held its benchmark interest rate steady on Wednesday, but warned that interest rates may need to change depending on the duration of the oil price shock and the outcome of trade…

TORONTO – Celestica Inc. boosted its financial guidance for its full year as it reported its first-quarter profit and revenue rose compared with a year ago. The technology company, which keeps its books in U.S.…

Shares of Swedish audio-streamer Spotify fell over 13% after the market opened Tuesday, as soft guidance overshadowed an earnings beat. The company said first-quarter revenue rose 8% from last year to 4.5 billion euros ($5.3 billion), while…

Published Mon, Apr 27 20269:05 PM EDTUpdated 2 Hours https://www.cnbc.com/2026/04/28/oil-prices-us-iran-hormuz-negotiations-wti-brent-crude.html

Shell PLC SHEL-N +1.38%increase is acquiring ARC Resources Ltd. ARX-T +1.47%increase in a US$16.4-billion deal, boosting its holdings in a basin that supplies gas to LNG Canada as the British company mulls an expansion of a liquefied natural gas export terminal…

The United Arab Emirates said on Tuesday it was quitting oil-producers’ group OPEC, as an unprecedented energy crisis triggered by the Iran war exposes discord among Gulf nations. The loss of the UAE, a long-standing OPEC member, could…

Prime Minister Mark Carney says Canada will launch its first ever national sovereign wealth fund, an investment account that he says will ensure all Canadians reap the rewards of government support for major new projects. The Canada…