News

Canada’s 0.7% Inflation Rise In 2020 Was Slowest Climb Since 2009

As Canadians tightened their pockets and adapted to a life indoors amid the coronavirus pandemic, Canada’s annual inflation level slowed down to...

Kiwi Chris Liddell withdraws from race to head OECD after landing in...

Expat New Zealander Chris Liddell backed out of the race to head the Organisation for Economic Co-operation and Development (OECD). Lidell, who was a...

Biden signs order for US to rejoin Paris climate accord

Hours after taking oath as the President of the United States on Wednesday, Joe Biden announced that the US will rejoin the Paris climate agreement. I...

Trump a no-show as Biden swears in as US president

Democrat Joe Biden was sworn in as the 46th President of the United States on Wednesday, taking over reins from outgoing President Donald Trump. Biden...

North American Stock Markets On A High As Biden Takes Charge

  As Joe Biden, the 46th President of the United States, took charge of the Oval Office, the broader indices of both Canada and the United State...

GM & Cruise Partner with Microsoft for Self-Driving Vehicles

General Motors is once again hitting the headlines after it announced a partnership with Microsoft. In a public announcement Tuesday, GMC and Cruise L...

Bank of Canada Leaves Interest Rate at 0.25%, Says Economic Uncertai...

Amid opposing projections from analysts regarding which way the country’s key interest rate would go in the first quarter of 2021, the Bank of C...

How Will Joe Biden’s Presidency Impact Canada?

The United States is all set to witness yet another regime change as Democrat leaders Joe Biden and Kamala Harris take control of the White House from...

Alibaba (NYSE:BABA) Stocks Surge As Jack Ma Resurfaces After 3 Month...

Chinese business magnate Jack Ma finally reappeared in the public eye on Wednesday, January 19, after months of speculation about him missing since sl...

StoreDot Launches 5-Min EV Battery Tech: An IPO On The Cards?

Summary Israeli company StoreDot Ltd has come up with a first-ever EV battery technology that can charge vehicles in just about five minutes. The...

TSX adds 12.49 points; Blackberry & Ballard Power Top Gainers

The leading index of the Toronto Stock Exchange, S&P/TSX Composite Index closed 12.49 points or 0.07% higher at 17,957.37 on Tuesday. The index cl...

IEA Slashes Global Oil Demand For 2021 Over Renewed Lockdowns

The International Energy Agency (IEA) has cut down its previous estimates for global oil demand due to the fresh wave of COVID-19-led lockdowns. The...

Despite COVID, Canada Saw Decreased Business Insolvencies In 2020: S...

In spite of the strong economic headwinds triggered by the COVID-19 pandemic, business insolvencies declined by nearly a third, or 29.4 per cent, year...

Amazon-backed Deliveroo Valued At $7Bn, Looking At Potential IPO

There has been a lot of speculation recently over online food delivery company Deliveroo heading for a public listing. The rumors were finally laid to...

WHO Chief cautions over inequality amid global COVID-19 vaccine roll...

The head of the World Health Organization (WHO), Tedros Adhanom Ghebreyesus, has blasted the unequal worldwide distribution of COVID-19 vaccine. He st...

FCA-PSA Merger Stellantis Makes A Splash On Stock Market Debut

Fiat Chrysler Automobiles (FCA) and Groupe PSA have agreed to merge and form Stellantis, the fourth-largest automobile company by volume in the world....

Tech & Healthcare Pulls TSX Composite Up

Despite the threat of Keystone XL project being scrapped by the Joe Biden-led upcoming US government, the benchmark S&P/TSX Composite Index gained...

Canadian Economy Will Struggle In Q1 2021, Predicts Reuters Poll

Economists interviewed at a recent Reuters poll projected that the Canadian economy will be heading for a “major roadblock” in the first q...

Sierra Metals (TSX: SMT) 2020 Production Rises Despite Pandemic

Canadian mining company Sierra Metals consolidated mill throughput in 2020 rose by 6 per cent to 2.8 million ore. The growth was led by gold and coppe...

Alimentation Couche-Tard Terminates Carrefour Acquisition Plan Amid...

  Canadian convenience store giant Alimentation Couche-Tard (TSX: ATD.A, ATD.B) and French grocer Carrefour SA have discontinued their US$20-m...