Category: Uncategorized

ECB hikes rates by 75 basis points and announces new terms for European banksThe European Central Bank announced Thursday a 75-basis-point interest rate hike — its third consecutive increase this year — […]

U.S. GDP accelerated at 2.6% pace in Q3, better than expected as growth turns positiveGross domestic product was expected to grow at a 2.3% annualized pace in the third quarter, […]

Meltdown as Elon Musk enters Twitter headquarters ahead of takeover: ‘Let that sink in!’Tesla CEO Elon Musk made a big splash on Twitter with a video of himself walking into the tech […]

CP Rail reports revenue, earnings up on strong demand for potash shippingCanadian Pacific Railway Ltd. CP-T +1.59%increase says its revenue and earnings for the third quarter were up from last year as it […]

Teck Resources exits oil sands with $1-billion sale of Fort Hills stake to SuncorTeck Resources Ltd. is exiting the oil sands business with a $1-billion sale of its stake in […]

Bank of Canada hikes key interest rate by 0.5 percentage points, raising borrowing costs for sixth time in a rowThe Bank of Canada increased its benchmark interest rate by 0.5 […]

Alphabet misses on earnings as YouTube shrinks; company will cut headcount growth by half in Q4Alphabet missed analyst expectations on the top and bottom lines.Revenue at YouTube declined, while analysts […]

Housing, mortgage sectors brace for more pain as Bank of Canada tees up another big rate hikeThe Bank has already hiked the policy rate by three percentage points over the […]

Federal Infrastructure Bank commits $970-million toward Canada’s first small modular nuclear reactorThe federal government will provide nearly $1-billion in debt financing toward the construction of a commercial small modular reactor (SMR) – […]