National Bank of Canada raised its dividend as it reported its fourth-quarter profit rose compared with a year ago.The Montreal-based bank says it will now pay a quarterly dividend of […]
Category: Uncategorized
Scotiabank reports $1.69B Q4 profit, up from $1.35B a year ago
Scotiabank reported a fourth-quarter profit of $1.69 billion, up from $1.35 billion in the same period last year, as it set aside a smaller amount for bad loans compared with […]
Enbridge raises quarterly dividend by 3% as pipeline operator forecasts higher 2025 core profit
Enbridge Inc. ENB-T +0.71%increase raised its quarterly dividend for next year as it released its financial guidance for 2025.The pipeline company says it will pay a quarterly dividend of 94.25 cents per share, […]
South Korean president declares martial law in move against opposition party
South Korean President Yoon Suk Yeol declared martial law on Tuesday, accusing the opposition of “anti-state” activity.In an unannounced address broadcast live late at night on YTN, Yoon said he had […]
Dec 2 – AM: Nasdaq jumps to record as Intel and Tesla leap higher; S&P 500 gains slightly: Live updates
The S&P 500 ticked higher to a new record to began December trading as investors looked for stocks to add to big November gains.The S&P 500 was higher by 0.2%, touching a […]
Canadian manufacturing activity rose at fastest pace in 21 months in November
Canadian manufacturing activity increased at the fastest pace in 21 months in November as the Bank of Canada’s interest-rate cutting campaign boosted domestic demand and despite port strikes that worsened […]
Magna investors ignore Trump’s tariff talk. They may be onto something
Add one more headwind facing Magna International Inc. MG-T +1.35%increase: When U.S. president-elect Donald Trump announced this week that he will impose a 25-per-cent tariff on all products imported from Canada and Mexico, the […]
Calendar: Dec 2 – Dec 6
Monday December 2China PMIJapan capital spending and manufacturing PMIEuro zone jobless rate and manufacturing PMI(9:30 a.m. ET) Canada’s S&P Global Manufacturing PMI for November.(9:45 a.m. ET) U.S. S&P Global Manufacturing […]
Major Canadian news media companies launch legal action against OpenAI
Five major Canadian news media companies on Friday filed a legal action against ChatGPT owner OpenAI, accusing it of regularly breaching copyright and online terms of use.The move is the latest […]