Simply Wall StMon, April 3, 2023 at 6:43 AM CDT·4 min readWith its stock down 11% over the past three months, it is easy to disregard Tourmaline Oil (TSE:TOU). But […]
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Magna responds to $400M lawsuit filed against it on behalf of trafficked Mexican migrants
A $400-million lawsuit against four businesses, two of them large corporations, filed on behalf of a group of Mexican migrants who were illegally trafficked across the GTA and housed in […]
China’s rare earths industry has a raw materials problem
65Mary HuiMon, April 3, 2023 at 6:00 AM CDT·3 min readIn this article:MP-2.60%China may already dominate the world’s supply chains of rare earth metals. Even so, it is increasingly worried about […]
TSX Rises Past 20k Mark, Ends Higher For 6th Straight Day
Published: 3/31/2023 6:09 PM ETThe Canadian market extended its winning streak to a sixth session with stocks from technology, consumer discretionary and industrials sectors posting strong gains on Friday.The mood was bullish […]
OPEC+ just made the Fed’s job more complicated. Here’s why they did it — and what could be next
Several OPEC+ members on Sunday announced intentions to voluntarily cut a further combined 1.16 million barrels per day of production, in a move independent from the broader bloc’s output strategy. […]
Teck Resources rejects unsolicited acquisition proposal from Glencore
Canada’s Teck Resources Ltd TECK-B-T +0.80%increase said on Monday that its board has unanimously rejected an unsolicited acquisition proposal from Swiss commodity firm Glencore Plc.U.S.-listed shares of Teck rose 10 per cent in […]
Rogers takeover of Shaw generates substantial fees for lawyers, financial advisers
Rogers Communications Inc. RCI-B-T -2.88%decrease paying $20-billion to buy Shaw Communications Inc.SJR-B-T +3.27%increase is among the largest ever made-in-Canada corporate takeovers, but the windfall for the many bankers, lawyers and other professionals who advised on […]
Oil prices surge 5% after OPEC’s surprise output cut; analysts warn of $100 per barrel
Oil prices soared as much as 8% at the open after OPEC+ announced it was slashing output by 1.16 million barrels per day. The voluntary cuts will start from May […]
OPEC+ announces surprise cuts of around 1.16 mbpd from May to year-end
DUBAI (Reuters) – Saudi Arabia and other OPEC+ oil producers on Sunday announced further cuts in their production amounting to around 1.16 million barrels per day in a surprise move […]