News

Eye on COVID recovery, Canada To Spend Billions On Transit Projects

The Justin Trudeau government plans to invest C$14.9 billion in public transportation projects for the next eight years that could be a major catalyst...

Are Energy Stocks Better Alternative to Tech Stocks?

On the weekly chart, NASDAQ 100 Technology Sector Index has broken out of its upward trend line (orange line in the below chart) at 7,560.70 and made...

Why is Copper at a New Seven-Year High?

Copper prices are once again climbing the price ladder swiftly with prices of the commodity now surpassing the previous seven-year high seen in Januar...

Qatar Eyes Top Spot With World’s Largest LNG Project

In a major boost to the oil & gas sector, Qatar Petroleum has approved a final investment decision (FID) for an LNG project. The project, entaili...

What drove Twitter’s Q4 Revenue to Record High?

Social media giant Twitter had an outstanding 2020. The company registered a robust increase in its revenue and average monetizable daily active usage...

Why US Markets Ended Flat For Second Straight Day

Major US stock indices ended lower for the second day in a row on Wednesday as investors appeared to have extended their break after some turbocharged...

Heineken To Cut 8,000 Jobs as FY20 Net Profit Slumps Nearly 50%

  Amsterdam-based brewing major Heineken NV (AMS: HEIA) on Wednesday announced to cut at least 8,000 jobs as a part of organisation redesign aft...

Fintech Startup Hardbacon Eyes IPO In 2021

Summary The personal finance company disclosed its intention to file an initial public offering this year, in the wake of unprecedented online paym...

Supply Chain Snarls Canada’s COVID Inoculation Campaign

  On Monday, December 14, 2020, support worker Anita Quidangen was one of the first Ontarions to be administered the first vial of Pfizer-BioNTe...

Why is SF Holdings Eager to Acquire Kerry Logistics Network?

Chinese multinational delivery services and logistics company SF Holdings Company (SHE: 002352) has recently expressed its intention to buy a controll...

Canada Approves 6 Doses from Each Pfizer-BioNTech Vial as Cases Rise

Summary Only 3% of the population have received the Pfizer and Moderna vaccines so far. Fines to be hiked up to C$3000 against those crossing bord...

Farmers Edge Set To Go Public, Plans C$100-Mn TSX IPO

Summary Digital agriculture startup Farmers Edge Inc is on track to launch its initial public offering (IPO) for a listing on the Toronto Stock Exc...

Elon Musk drops hints on the timing of Starlink IPO

Business tycoon Elon Musk had a blockbuster 2020. His company Tesla, the world's leading electric car maker, broke records when it entered S&P 500...

Is Cryptocurrency hitting the mainstream again?

Cryptocurrency is again filtering into the NZ mainstream news at a regular rate. This is because investors have been flocking to the digital asset whi...

INSIGHTEC’s MR-guided focused ultrasound treatment approved by China...

A global medical technology innovator INSIGHTEC Inc updated the market that the Company has obtained market approval from the National Medical Product...

TSX, TSXV Record All-Time Highs

The TSX Composite Index, the leading equity gauge for Canadian stocks, moved 78.36 points or 0.43% higher at 18,408.62 to mark a new all-time high of...

US Markets End Flat After Early Losses; NASDAQ Gains on Tech, Energy...

S&P 500 and Dow Jones saw several ups and down during the trading session, dragged by the cyclical and utilities sectors, to end flat on Tuesday....

Elon Musk’s Romance With Cryptocurrency

Elon Reeve Musk, the founder and chief executive officer of Tesla Inc (US:TSLA or NASDAQ: TSLA), has been actively tweeting on cryptocurrency since th...

Canadians Line-Up To Invest In Cryptocurrency Market

  After Bitcoin flied to an all-time high, Canadians are actively searching for crypto exchange apps to enter the lucrative cryptocurrency marke...

A.I.S. Resources Lines-Up Big-Ticket Gold Projects In Western Austra...

Summary I.S. mines are located near Casterton in the Western District of Victoria. The company plans to acquire an additional 596 sq. km. near Cas...