News

West Fraser Timber (TSX:WFT) Profits Jumps Up to C$350mn

  Sales increased by 32 per cent to C$1,690 million in the third quarter and higher timber prices contributed to the rise in earnings. The lu...

Western Energy Services Corp (TSX:WRG) Revenue Drops 71% in Q3

  The revenue decreased by C$33.7 million in Q3 2020, from C$47.1 million in Q3 2019. Revenue from contract drilling segment dropped by 83 pe...

HSBC Bank Canada Profits Decline in Q3

  Operating income for the quarter declined to C$472 million while net interest income dropped to C$244 million. Net fee income for the quart...

Bombardier (TSX:BBD) & Genworth MI Canada (TSX:MIC): Two Trending TS...

Summary Bombardier is selling off its aerostructures business to Spirit AeroSystems Holding for a cash consideration of US$275 million under revise...

PayPal Goes Active on Crypto Space, Slew of News

PayPal Introduces New Service Enabling Users to Transact Cryptocurrency: On 21 October 2020, PayPal announced the release of a new service that would...

Investors’ Line Up For Jack Ma-Led Ant Group’s US$34-billion IPO: Al...

Summary Ant Group’s upcoming IPO is likely to surpass Saudi Aramco’s US$-29 billion record offering. The Chinese fintech giant has pri...

Jack Ma’s Giant Ant Set to Make World’s Biggest Stock Market Debut

Jack Ma’s Ant Group is set to raise US$34 billion when its shares start trading on the Hong Kong and Shanghai stock market in the upcoming weeks...

COVID-19 Cases Resurge in US and UK, Vaccine Trials Back on Track

The COVID-19 crisis threw the whole world into a dilemma of lives and livelihoods. The global virus crisis has engulfed almost the entire year, and ti...

TSX Composite Falls 1.38%, Genworth MI & Husky Energy Top Gainers

The S&P/TSX Composite Index fell 1.38 percent to 16,079.55 on Monday, October 26. At the closing bell, the index traded below its crucial short-te...

Air Canada (TSX:AC) 1st North American Airline To Get Illegal Wildli...

  The International Air Transport Association (IATA) announced the the Illegal Wildlife Trade (IWT) certification to Air Canada on October 23....

Sun Life Financial (TSX:SLF) To Acquire Majority Stake In Crescent C...

  Sun Life is set to acquire a 51 per cent interest in Crescent Capital for up to C$ 450 million. The transaction will comprise C$370 million...

Kinross (TSX:K) Unveils Gold Production Plans Till 2029

  The company targets to produce an average of 2.5 million gold equivalent ounces per year from 2020 and 2029. Kinross had announced on Septe...

Corus Entertainment’s (TSX:CJR) Revenue & Profit Declines In Q4 2020

  The company’s consolidated revenues declined 16 per cent for the fiscal quarter ending August 31, 2020, from C$377.5 million in Q4 201...

Canadian Steel Company Stelco (TSX:STLC) Suffers Cybersecurity Attac...

Stelco Holdings Inc said that it took immediate countermeasures accordingly, which were effective in limiting the scope of the attack. The company is...

Rubicon Organics (TSXV:ROMJ) Signs Distribution Agreement To Sell Ca...

    Cannabis producer Rubicon Organics Inc has joined hands with Canada House Wellness Group to distribute its range of cannabis 2.0 pro...

Meet HelloFresh, your home cooking companion!

HelloFresh SE (XETRA: HFGG), a German meal-kit delivery firm, is seeing higher demand as the pandemic-hit consumers are desperate to add some jazz to...

Facebook and Twitter bosses issued subpoena, content moderation prac...

In Washington's latest attack on Big Tech, the United States Senate Commerce Committee unanimously voted to issue subpoenas to the CEOs of Facebook, G...

What is Kahoot?

Just how ‘google’ and ‘googling’ made it to official dictionaries, the story behind an interactive platform Kahoot! is no diff...

Key Takeaways from Jacinda Ardern-Led New Zealand Approach Against t...

  Coronavirus’ impact on the world has been devastating. Amid this unprecedented challenge, one of the leaders who has stood tall, is Jaci...

How are European nations tackling COVID-19 second wave?

After being severely hit by the initial wave of COVID-19 and gradually curbing the outbreak, many countries across Europe are again experiencing a res...