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Canadian Natural Resources First-Quarter Profit More Than Doubles
Canadian Natural Resources First-Quarter Profit More Than DoublesCALGARY — Canadian Natural Resources Ltd. saw its first-quarter profit more than double compared with a year ago, helped by higher oil and […] This post is only…
BCE Reports First-Quarter Profit Up More Than 30 Per Cent From Year Ago
BCE Reports First-Quarter Profit Up More Than 30 Per Cent From Year AgoTORONTO — BCE Inc. reported its first-quarter profit rose more than 30 per cent compared with a year […] This post is only…
British pound plummets as Bank of England warns of recession risk
British pound plummets as Bank of England warns of recession riskSterling hit a low of 1.2393 against the dollar early Thursday afternoon London time, its lowest level since Jul. 1, […] This post is only…
Loblaw profit jumps nearly 40 per cent even as inflation drives up costs for retailers
Loblaw profit jumps nearly 40 per cent even as inflation drives up costs for retailersLoblaw Cos. Ltd. L-T -1.18%decrease saw its profits jump by nearly 40 per cent in the first quarter, even […] This post is only…
Activist investor vows to continue climate push after Enbridge shareholders reject proposal
Activist investor vows to continue climate push after Enbridge shareholders reject proposalAn activist investor failed in its bid to get Enbridge Inc. ENB-T +2.18%increase to strengthen its climate promises on Wednesday, but will […] This post is only…
Oil giant Shell reports soaring first-quarter profits, raises dividend
Oil giant Shell reports soaring first-quarter profits, raises dividendShell’s results follow soaring profits seen across the oil and gas industry, even as many energy majors incur costly write-downs from exiting […] This post is only…
Magna Announces First Quarter 2022 Results
Magna Announces First Quarter 2022 ResultsGlobal light vehicle production was down 7%, largely due to 16% decrease in EuropeSales of $9.6 billion decreased 5%Diluted earnings per share and adjusted diluted […] This post is only…
Dow rallies 900 points as investors bet the Fed can slow inflation without causing a recession
Dow rallies 900 points as investors bet the Fed can slow inflation without causing a recessionStocks jumped sharply on Wednesday in a relief rally from their 2022 doldrums after the […] This post is only…
Fed raises rates by half a percentage point — the biggest hike in two decades — to fight inflation
Fed raises rates by half a percentage point — the biggest hike in two decades — to fight inflationThe Federal Reserve increased its benchmark interest rate by half a percentage […] This post is only…