TC Energy Corp. reported a first-quarter profit of $1.31 billion, up from $358 million in the same quarter last year.The pipeline company says the profit amounted to $1.29 per diluted […]
Category: Uncategorized
Uranium Miner Cameco’s Q1 Profit Rises 198%
Canadian uranium miner Cameco (CCO) has reported that its first quarter profit more than doubled from a year earlier.The Saskatoon-based company, which is the world’s largest publicly traded uranium miner, […]
Looming Fed Decision Contributes To Sell-Off On Wall Street
Stocks moved sharply lower during trading on Tuesday, with the major averages adding to the slim losses posted during Monday’s session. The major averages all showed significant moves to the […]
Oil slumps 5% to five-week low amid US debt default fears
Oil prices sank about 5% to a five-week low on Tuesday on concerns about the economy as U.S. politicians discuss ways to avoid a debt default and investors prepare for […]
TSX Sheds More Than 1% As Financials, Energy Stocks Tumble
Published: 5/2/2023 5:25 PM ETThe Canadian market ended notably lower on Tuesday, weighed down by losses in energy and financials shares.Worries about growth and likely policy tightening by the Federal Reserve […]
Gold Futures Settle Lower As Dollar Rises On Rate Hike Bets
Published: 5/1/2023 2:10 PM ETGold futures settled lower on Monday as the dollar climbed up amid bets about a rate hike ahead of the Federal Reserve’s policy announcement.The Federal Reserve is […]
Oil Futures Settle Notably Lower On Worries About Growth
Published: 5/1/2023 3:11 PM ETCrude oil prices tumbled on Monday, weighed down by concerns about economic growth and worries about outlook for energy demand.Data showing a contraction in Chinese manufacturing activity […]
TSX Fails To Hold Early Gains, Ends Marginally Down
Published: 5/1/2023 5:15 PM ETThe Canadian market failed to hold early gains and ended marginally down on Monday due largely to some heavy selling at several counters in the energy sector.Energy […]
Ottawa’s vision for electricity’s future is about to clash with Ontario’s
An unprecedented push by the federal government to shape Canada’s power grid is about to ramp up – and face its first major test, courtesy of an Ontario government with […]