News

Spacex‘S Starship Explodes During Second Test Flight Landing, FAA To...

  Elon Musk’s private space company SpaceX’s next-generation Starship rocket -- Starship prototype Serial Number 9 (SN9) -- though l...

Global tech tax: EU officials join US counterparts for early rollout...

A global tech tax is in the works, which means tech giants around the world will be hit with higher taxes, after the European Union officials had a de...

Novavax Agrees To Make COVID Shots In Canada, But It Will Take A Whi...

Stepping up Canada’s efforts to produce COVID-19 vaccines at home, Prime Minister Justin Trudeau announced on Tuesday, February 2, that US drugm...

TIXT Stock: Telus International All Set to Debut on NYSE, TSX Today

Summary Telus International to debut on TSX and NYSE from Wednesday. The company will issue an IPO of 37 million subordinate voting shares, each p...

Canada Begins Airline Bailout; Sunwing Gets Emergency C$375Mn Loan

  Canada’s budget airline Sunwing will receive C$375 million in emergency loans to keep it afloat after the government announced new trave...

Hormel is eyeing to buy Kraft Heinz’s brand Planters 

  The Kraft Heinz Company (NASDAQ: KHC) is in talks with Hormel Foods Corporation (NYSE: HRL) to sell its Planter...

Exxon Mobil Shifts Gears to Clean Technologies Amid Investors’ Press...

US oil and gas giant Exxon Mobil announced a new business venture called ExxonMobil Low Carbon Solutions focusing on low-emission technologies. The co...

Canada’s Precision Gets C$25Mn Funding To Boost COVID Shot Productio...

Summary The Canadian government has invested about C$ 25.1 million in genetics medicine technology provider Precision Nanosystems Inc. The company...

T-Mobile Finalises Price to Buy Shentel Wireless Business

Mobile telecom company T-Mobile has finally settled upon a price with Shentel or Shenandoah Telecommunications Company to purchase its wireless assets...

Buying frenzy cools off; is there any steam left in GameStop short s...

The rally in GameStop has probably come to an end as the share price tanked by a massive 60 per cent on Tuesday and closed the session at US$90. The u...

Myanmar Coup Explained: Here’s What Exactly Happened

The reports of an unfolding military coup in Myanmar have shocked the world. The military has reportedly detained National League for Democracy (NLD)...

Who is replacing Jeff Bezos as Amazon CEO?

Even before coronavirus pandemic, Amazon CEO Jeff Bezos had lowered his participation in the company's day-to-day operations. On Tuesday, Amazon annou...

Why private house approval hit a new high in December 2020

The private sector house approvals surged for the sixth straight month in December and hit a record high amid robust demand due to stimulus measures a...

Oil Giant BP Posts Dismal Annual Performance; Q4 Numbers Improve

 Global oil & gas trading giant British Petroleum (BP) has announced the fourth-quarter and full-year 2020 results. The Company registered a...

Apple Taps Bond Market for the Third Time Amidst Aggressive Share Bu...

Apple Inc plans to sell USD 14 billion worth of bonds in order to take advantage of the current cheap borrowing cost, tapping the market for the third...

Crude Oil Prices Stall, Will the Northward Move Continue?

Crude oil price rally has stalled with prices of Brent crude oil futures trading in a range of USD 55.00 to USD 57.50 per barrel. The surge in prices...

Will tough times force oil majors ExxonMobil and Chevron into a merg...

The crude oil prices' dismal situation during the peak of COVID-19 got the chief executives of two major oil companies ExxonMobil (NYSE:XOM)&nbsp...

TSX Reclaims 17800, Soars On Positive Cues From Global Markets

The stock market soared for the second consecutive day as positive momentum from global markets led by growing hope over US Stimulus plan pushed the C...

US stocks extend gains after GameStop reversal continues

Extending gains to the second straight day, the US stocks jumped on Tuesday after a sharp reversal in GameStop’s stock value continued. The mani...

Elon Musk Announces Temporary Break From Twitter

Tesla CEO Elon Musk’s decision to keep off Twitter for a while has generated quite a bit of interest among his avowed followers on social media...