Initial claims for unemployment insurance totaled 260,000 last week, in line with estimates.The U.S. trade deficit in goods and services decreased to $79.6 billion in June, slightly lower than the […]
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B.C.’s Sierra Wireless agrees to $1.2-billion takeover by Semtech at US$31 a share
B.C.’s Sierra Wireless agrees to $1.2-billion takeover by Semtech at US$31 a shareCalifornia chip maker Semtech Corp. has agreed to buy Vancouver-area communications technology vendor Sierra Wireless, Inc. for US$31 […]
Oil falls 3%, pressured by surprise U.S. crude, gasoline build
Oil falls 3%, pressured by surprise U.S. crude, gasoline buildOil prices slid 3% on Wednesday, with losses accelerating after U.S. data showed crude and gasoline stockpiles unexpectedly surged last week […]
Brookfield Infrastructure Partners Posts Strong Second Quarter Results
Brookfield Infrastructure Partners Posts Strong Second Quarter ResultsThe Canadian Press – Canadian Press – Wed Aug 3, 9:16AM CDTTORONTO — Brookfield Infrastructure Partners LP reported strong second quarter results as funds from operations […]
China ratchets up military and economic pressure on Taiwan as Pelosi begins her visit
China ratchets up military and economic pressure on Taiwan as Pelosi begins her visitHouse Speaker Nancy Pelosi landed in Taiwan’s capital of Taipei on Tuesday night for a controversial visit […]
U.S. Job Openings Slid To 10.7 Million In June
American employers posted fewer job openings in June as the economy contends with raging inflation and rising interest rates.Job openings fell to a still-high 10.7 million in June from 11.3 […]
Noon Aug 2 – S&P/TSX Composite Down In Late-Morning Trading After Long Weekend
S&P/TSX Composite Down In Late-Morning Trading After Long WeekendCanada’s main stock index was down in late-morning trading following the August long weekend, with the energy and base metals sectors driving […]
Molson Coors Q2 Profit Falls Amid Fifth Straight Quarter Of Net Sales Growth
Molson Coors Q2 Profit Falls Amid Fifth Straight Quarter Of Net Sales GrowthMolson Coors Beverage Co. saw profit fall in the second quarter as it generated net sales growth for […]
Air Canada Reports Q2 Loss, Posts A Nearly Five-Fold Jump In Revenue
Air Canada Reports Q2 Loss, Posts A Nearly Five-Fold Jump In RevenueThe Canadian Press – Canadian Press – Tue Aug 2, 6:06AM CDTMONTREAL — Air Canada reported a second-quarter loss of $386 million […]