News

Sneak peek at COVID-19 Vaccine frontrunners: AZN, Moderna, Pfizer, J...

Since the outbreak of the catastrophic pandemic, SARS-CoV-2 has taken a severe toll on human life as well as economic and financial aspects. We are al...

Why did the streaming video service Quibi fall?

A once-promising idea that was supposed to transform the entertainment industry and Hollywood itself, Quibi is now a long-forgotten project that tumbl...

BCE (TSX:BCE) Net Earnings Down 19.7% YoY In Q3 2020

  Net earnings surged to C$5.7 billion in Q3 2020, from C$5.9 billion a year ago. The operating revenue slumped by 2.6% YoY to C$740 million...

Canadian Merchandise Exports Up 1.5% In September

  The Canada's merchandise exports rose to C$45.5 billion on the back of higher lumber and aircraft trade. Canadian merchandise imports also...

Ethereum 2.0 Set to Go Live On 1 December, May Outperform Bitcoins

The next-generation version of the Ethereum blockchain, which has been in the works for many years, is set to go live on 1 December 2020. The newly l...

TSX Index Weighed Down by Energy Sector

The benchmark S&P/TSX Composite Index traded slightly lower at 16,282.82, down 15 points or 0.09% on Friday. At the close, the index was featuring...

Stock Markets On The Rise Despite No Clear US Presidential Winner

Summary Democratic presidential candidate Joe Biden is closer to the winning mark of 270 seats while current President Donald Trump is trailing. I...

Enbridge Inc (TSX:ENB) Q3 GAAP Earnings Up 4% YoY

  Enbridge Inc reported GAAP earnings of C$990 million in the third quarter of 2020, an increase of nearly four per cent year-over-year from C...

Magna International (TSX:MG) Sales Down By 2% YoY in Q3 

Magna International Inc recorded sales of US$ 9.1 billion in the third quarter ending 30 September 2020. The automotive company’s adjusted EBIT...

Canada’s Employment Rebound Slowed Down In October Amid COVID Second...

  After 378,000 jobs in September, the Canadian economy reportedly saw job additions decelerate to about 83,600 jobs in October, as per Statis...

Software Company Ceridian HCM Holding (TSX:CDAY) Q3 Financial Result...

  Software service provider Ceridian HCM Holding’s posted a total revenue of US$ 204.4 million in its third quarter of 2020, marginally...

OpenText (TSX:OTEX) Revenues Climb 15.4% In Latest Quarter

  The total revenue climbed stood at US$804 million. The cloud services and subscription revenues increased by 43.7 per cent year-over-year t...

A Walk Through European EV market: How Government Subsidies & Cost-E...

The mania for Electric Vehicles (EV) has taken the world by storm, with the escalating popularity of battery-operated motors bucking the globally dism...

5 emerging Tech trends to rock the world after coronavirus

The value of digital resilience, which helps business and the lives of people to proceed as usual through pandemics, has been confirmed by COVID-19....

Toromont (TSX:TIH) & goeasy (TSX:GSY): Two Stocks In Recovery Mode

Summary Shares of Toromont have soared by 32.79 per cent in the last six months. Toromont’s stock has surged 22.20 per cent year-to-date (YT...

Investors Lap Up Gold & Consumer Stocks Amid 2020 US Election Result...

Summary US President Donald Trump has threatened to challenge the election results in the Supreme Court in case of a loss, which would delay the pr...

Massive growth on the cards for Medical Equipment Repair Market

The medical equipment industry has seen considerable growth recently and one of the key segments, the medical device repair market, is anticipated to...

Japan Post agrees to sell Toll Global Express business

Japan Post Holding Co is looking for the potential sale of Toll Global Express business, the battered courier division of its Australian logistics sub...

US observed a surge in coronavirus cases after Election day

US has set a 1-day record for new coronavirus cases on 4 November. The average daily confirmed cases jumped to an all-time high in the US as the count...

Healthcare & Basic Materials Pull TSX Higher For Fourth Straight Day

  Toronto Stock Exchange’s S&P/TSX Composite extended its rally for the fourth consecutive day and bagged 299.43 points or 1.87% to 16...