News

In a first, Australia to make Facebook, Google pay for news content

On 8 December 2020, Australia unveiled its plans to make Facebook and Google to pay to the local media outlets for the news content. Australia has bec...

DoorDash (NYSE:DASH) makes a smashing debut, shares soar ~86% on day...

On 09 December 2020, DoorDash made is NYSE debut on New York Stock Exchange, and by the end of the trading session, the shares surged by 85.89%, settl...

US Government Sues Facebook, Seeks its Breakup  

The Federal Trade Commission (FTC) has sued Facebook on antitrust grounds. The investigation into the matter was conducted in coordination with the At...

S&P/TSX Composite Snaps Six-days of Consecutive Gains

The benchmark Canadian equity index traded lower after six consecutive days of surge. The index lost 79.14 points or 0.45% to settle at 17,559.86 on W...

DoorDash Debuts On Stock Market, Airbnb Right Behind

Summary Stocks of food delivery app DoorDash Inc debuted on the New York Stock Exchange on Wednesday, December 9. Airbnb shares are slated to hit...

11 Issuers Debut On TSX In November 2020, Total Listings 1643

Summary Eleven issuers debuted on the TSX and four on the TSXV in November 2020. A total number of 1,643 issuers are listed on the TSX while 1,900...

Federal & Quebec Govts To Invest In $875-Million Biofuel Plant

  The biofuel production plant, Varennes Carbon Recyling project, will be constructed in Quebec’s Varennes, southeast of Montreal. The...

Newmont (TSX:NGT) Announces 2021 & Long-Term Outlook

  Gold production is expected to touch 6.5 million ounces in 2021, between 6.2 and 6.7 million ounces by 2023 and between 6.5 and 7.0 million...

Tesla (TSLA:US) Unveils Sale Of $5b In Stock Offering

  Tesla Inc is seeking to raise another $5 billion in capital, its second such move in three months. The electric vehicle maker’s share...

Gatos Silver (TSX:GATO) Q3 2020 Results Declared

  The silver mining firm’s net loss narrowed down to $1.2 million in Q3 2020 (ended September 30, 2020) from $4.9 in Q3 2019. The compa...

Air Canada (TSX:AC) May Suspend More Routes Over Rising COVID-19 Cas...

  The national carrier is likely to cut down on routes in Atlantic provinces beginning 2021. The airline will stop all flights to Sydney in N...

Christmas 2020: 5 Stocks To Explore Ahead Of Holiday Season

Summary Canada’s online retail sales jumped to C$ 36.2 billion between March and September 2020. About 90 per cent of Canadians feel that it...

China’s Consumer Prices lowest in more than a decade

China’s consumer prices went down for the first time in a decade, after pork prices fell courtesy recovery from the last year’s African sw...

OPEC+ agrees to crank up oil production from January

In a significant move, OPEC and non-OPEC allies have agreed to raise their oil production starting January, after a meeting on 3 December 2020. The de...

Australia Dollar Going Strong and Here’s Why

Australian Dollar has been on a scintillating run this year, specifically after March 2020. On 8 December 2020, the FX rate on AUD/USD contracts clock...

The controversial life of coal mining magnate Ivan Glasenberg

Ivan Glasenberg at International Economic Forum in St. Petersburg, Russia, 2016 (Image source: Shutterstock) Ivan Glasenberg, the Swiss-based billion...

Pfizer-BioNTech’s COVID-19 vaccine starts working within ten days of...

According to new documents released by the US regulator, Pfizer-BioNTech's COVID-19 vaccine, BNT162b2 shows response within almost ten days of the fir...

Tesla to Raise USD 5 Billion, Riding High on Share Price Boom

American electric vehicle and clean energy company, Tesla Inc., has unveiled its plan to raise USD 5 billion. As per a regulatory filing on Tuesday, t...

TSX Up For Sixth Straight day, Ballard Power & Crescent Point Top St...

  The main Canadian equity index – the S&P/TSX Composite – settled higher for the sixth consecutive day, supported by strengths...

Foreign-Controlled Assets Stake Down By 0.4%, Value Grew To C$2.4T I...

  Values of Canadian and foreign-controlled assets improved by 7.9 per cent and 4.3 per cent, respectively, in 2018, reported Statistics Canad...