At midday: TSX falls amid global risk-off sentiment Canada’s main stock index fell on Friday as worries about an aggressive policy stance by major central banks hurt risk appetite even […]
Category: Uncategorized
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Enbridge to assume operation of Gray Oak oil pipeline in Texas
Enbridge to assume operation of Gray Oak oil pipeline in Texas Enbridge Inc. says it has completed a deal that will see the Calgary-based pipeline giant become operator of the […]
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U.S. weekly jobless claims dip as labour market remains resilient
U.S. weekly jobless claims dip as labour market remains resilient The number of Americans filing new claims for unemployment benefits fell last week and data for the prior period was […]
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OPEC secretary-general says oil slide driven by fear, upbeat on 2023 outlook
OPEC secretary-general says oil slide driven by fear, upbeat on 2023 outlook A recent oil-price slide reflects fears of economic slowdown and masks physical market fundamentals, OPEC’s new secretary general […]
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Keyera and Canadian National Railway to evaluate Alberta terminal project
Keyera and Canadian National Railway to evaluate Alberta terminal project Keyera Corp. KEY-T -1.02%decrease and Canadian National Railway Co. CNR-T +0.15%increase have signed a deal to evaluate building a rail terminal in Alberta to ship energy […]
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Quebec pension fund manager Caisse loses $33.6-billion in first half of 2022
Quebec pension fund manager Caisse loses $33.6-billion in first half of 2022 Roiling world markets have taken their toll on Caisse de dépôt et placement du Québec, as the pension […]
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Trudeau celebrates Canadian windfall from Biden signing Inflation Reduction Act
Trudeau celebrates Canadian windfall from Biden signing Inflation Reduction Act Canadian Prime Minister Justin Trudeau took to social media to celebrate President Biden signing the Inflation Reduction Act, boasting that the American […]
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U.S. retail sales were flat in July as inflation takes a toll
U.S. retail sales were flat in July as inflation takes a toll The pace of sales at U.S. retailers was unchanged last month as persistently high inflation and rising interest […]
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Target’s earnings take a huge hit as retailer sells off unwanted inventory
Target’s earnings take a huge hit as retailer sells off unwanted inventory https://www.cnbc.com/2022/08/17/target-tgt-q2-2022-earnings.html Target’s profit plunged as it slashed prices to clear out a glut of unwanted inventory.The retailer maintained […]