News

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...

Enbridge Inc (TSX: ENB) Estimates Generating Higher Core Earnings In...

    Canadian energy company Enbridge Inc has projected higher core earnings in 2021, saying it expects improved volume on its Liquids Ma...

More Layoffs At Husky Energy’s (TSX: HSE) West White Rose Project De...

  Husky Energy Inc is expected to further downsize its workforce at the West White Rose worksite in Argentia, Newfoundland, by about 15 trade...

Mental Health Therapy Provider MindBeacon Files For A C$ 50Mn IPO

  MindBeacon submitted a regulatory filing on Monday, December 7, for its initial public offering (IPO). The Toronto-based company listed Man...

Canada's Annual Food Expenditure Could Surge 5% YoY in 2021: Food Pr...

  In its 11th yearly edition, Canada's Food Price Report estimated that the overall food price in the country would climb by three to five per...

Wish & AbCellera Biologics Inc: Investors' Hawk-eyed On These 2 IPOs

Summary Wish’s parent company ContextLogic Inc announced the launch of its initial public offering (IPO) on Monday, December 7. Canadian bio...

Deutsche Bank, ANZ, Citi face trials in Australia’s biggest criminal...

  The three major banks, Australia and New Zealand (ANZ) Banking Group Ltd, Citigroup Inc, Deutsche Bank AG, and six of firms’ former staf...

In A First, Water Futures Start Trading On Wall Street

  Water has now entered the league of oil, gold, and other commodities futures on Wall Street, representing concerns that the life-sustaining na...

Canada To Receive First Pfizer-BioNTech COVID-19 Vaccine Before Dece...

Summary Canadians will start getting Pfizer-BioNTech’s COVID-19 vaccine by next week following Health Canada’s approval, Prime Minister...

Who is Michael Sabia, Canada’s New Deputy Finance Minister?

  Michael Sabia, former CEO and president of Caisse de Depot et Placement du Quebec (CDPQ), has been appointed as Canada’s new deputy fina...