OPEC Secretary General Haitham al-Ghais said finger-pointing and misrepresenting the actions of OPEC and OPEC+ was “counterproductive.” He added that the influential group of 23 oil-exporting exporting nations was not […]
Category: Uncategorized
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Bank of Canada rate-cut bets recede as core inflation proves sticky
Canadian inflation excluding food and energy costs is expected to remain above 3 per cent until the fourth quarter of this year, the median forecast of seven economists recently surveyed […]
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Work halted at site of Trans Mountain expansion project after injury, regulator says
The Canada Energy Regulator said it was notified on Tuesday of a serious injury at a work site on the government-owned Trans Mountain oil pipeline expansion project near Chilliwack, British […]
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CN Rail’s share price skidded Tuesday despite upbeat earnings. Here’s why
anadian National Railway Co. CNR-T -0.40%decrease issued a downbeat outlook for the economy, adding to a growing chorus of companies that are warning of deteriorating operations as rising interest rates weigh on activity. […]
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Teck withdraws split proposal hours before crucial vote, will pursue alternate plan
Teck Resources Ltd. TECK-B-T +4.43%increase is not proceeding with its planned split, after evidently not gathering enough votes to secure the transaction. The development is a huge win for Glencore PLC which has been […]
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Oil prices rise on U.S. crude, fuel stock draws
PUBLISHED TUE, APR 25 202310:07 PM EDT Oil prices rose in early Asian trade on Wednesday after a U.S. trade group reported a significant draw in crude oil stocks ahead […]
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Microsoft reports earnings beat, says A.I. will drive revenue growth
Microsoft surpassed expectations on the top and bottom lines and beat estimates on quarterly revenue guidance. Growth from Azure and other cloud services slowed to 27% from 31% in the […]
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TD Says Still In Talks On Extending First Horizon Deal But Offers Little Detail
Shareholders looking for an update on TD Bank Group’s US$13.4 billion takeover of First Horizon Corp. were left with few answers at the bank’s annual meeting Thursday. Facing numerous questions […]
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Nutrien Cautions Investors Regarding TRC Capital’s Below Market “Mini-Tender” Offer
Business Wire – Mon Apr 17, 4:00PM CDT Nutrien Ltd. (TSXandNYSE:NTR) has received notice of an unsolicited “mini-tender” offer made by TRC Capital Investment Corporation (“TRC Capital”) to purchase up to 1,000,000 […]