News

Gold Hits 2-Month High As Dollar Slackens, Bitcoin Rally Loses Steam...

Summary Gold touched its highest point in about two months on Monday, January 4, crossing the US$ 1,946 an ounce mark. Monday’s advance was...

South African virus strain more dangerous than the UK mutant warn UK...

New coronavirus mutation identified in South Africa is considered more infectious than the strain found in the UK. Experts say that there is no need...

Will 2021 Bring Respite for Last Year’s Worst Performing Commodities...

2020 was the year of commodities. The broad segments of industrial, precious and energy commodities witnessed the consumption-demand shock, on the bac...

TSX Reclaims 17,500-Mark On First Trading Day Of 2021

Canada’s benchmark index started 2021 with gains, reclaiming the 17500-mark on Monday, January 4. The S&P/TSX Composite Index bagged 94.4 po...

Top Canadian CEOs Earn More By Jan 4 Noon Than Average Workers Did I...

Summary What COVID? Top 100 Canadian CEOs made C$ 53,482 – the average Canadian’s salary – by 11:17 a.m. on January 4, the first...

Ovintiv (TSX:OVV) Reports Limited Results From Fourth Quarter & FY 2...

    Energy firm Ovintiv Inc has reduced total long-term debt by $257 million in the fourth quarter of 2020. The company aims to reduce t...

Bombardier (TSX:BBD.B) Acquires Aircraft Service Centre in Berlin

  Canadian manufacturer Bombardier Inc announced the acquisition completion of the aircraft service center in Berlin on Monday, January 4, 202...

Zenabis (TSX:ZENA) Sells C$7-Ml Cannabis & Disposes Subsidiary To Re...

Cannabis producer Zenabis Global Inc announced the sale of its wholly owned subsidiary Bevo Farms Ltd. for C$ 42.5 million on Monday, January 4, 2021....

HIVE Blockchain (TSXV:HIVE) Doubles Bitcoin Production, Buys New-Gen...

  HIVE Blockchain Technologies Ltd has bought 4,180 MicroBT WhatsMiner M31S+. These have an aggregate operating hash power of 334 Petahash per...

5 Upcoming IPOs To Watch Out In 2021

Summary North American markets are set to witness a fresh host of companies going public in 2021. The top estimated IPOs include Robinhood, Roblox...

Bitcoin, Ethereum, Dogecoin & Ripple: How Are Cryptocurrencies Farin...

Cryptocurrencies are rallying worldwide, led by the unprecedented surge in Bitcoin, which outperformed all asset classes in 2020. The largest cryptocu...

Stock Market Trends 2021: Spotting the Next Hot Sectors

Despite the world’s fascination with the crystal ball, the future cannot be predicted. As the year 2020 proved, no one could foresee the massive...

Is Jack Ma Missing Since Criticizing Chinese Govt?

The whereabouts of high-profile Alibaba founder Jack Ma has been the hot topic for a while now. Reports have it that the billionaire has been allegedl...

A Roller-Coaster Ride for Wall Street In 2020; What To Expect Ahead?

The benchmark index S&P 500 has broken the ‘Rectangle Pattern’ at 3,602.50 level and prices made a new all-time high. After consolidat...

India greenlights two COVID-19 vaccines for emergency use

Indian drug regulator has authorised two COVID-19 vaccines for millions of Indians. The approval was received just hours after the country initiated a...

Commodities Gaining Strength from the Green Energy Drive

The green ambition finally seems to be picking some pace and might emerge as a major theme for the year 2021 with Biden sweeping away the election res...

3 Chinese Telcos in the US off to a dismal start of 2021, booted out...

The United States is intensifying its crackdown on Chinese companies listed on the US-based stock exchanges as three Chinese telcos are set to delist....

Tesla in the fast lane: How the automaker drove its way into a stell...

Tesla Inc released a media statement on Saturday revealing its vehicle deliveries in 2020. Founder Elon Musk congratulated the Tesla team on Twitter f...

Bitcoin Hits New Record High, Sails Past USD 30,000

Bitcoin has started the year 2021 with quite a show after prices of the digital currency climbed the price ladder swiftly to surpass the level of USD...

GE’s new wind turbine has the power of 4 Boeing 747 jet engines

are racing to build the most powerful wind turbine for futuristic sustainability. An American conglomerate, General Electric (GE) has manufacture...