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Quebec restricts movement amid resurgence of COVID cases
September 29, 2020 10:02 AM EDT| By Team Kalkine MediaQuebec enforced new lockdown measures to curb the second wave of COVID-19 pandemic in Montreal and Quebec City. Bars and restaurants have been ordered shut and guests in private homes banned. The partial lockdown will in place from Octobe...
Royal Bank of Canada’s Mark Chandler set to retire
September 29, 2020 10:00 AM EDT| By Team Kalkine MediaThe dean of Toronto’s trading floors will leave the RBC by October-end after a 20-year-stint at the bank. He is retiring as the head of Canadian fixed income and currency strategy at RBC Capital Markets. Chandler also worked as an e...
Piedmont Lithium (NASDAQ:PLL) and WestWater (NASDAQ:WWR): 2 Mining Stocks To Watch Out This Week
September 29, 2020 10:00 AM EDT| By Team Kalkine MediaMining stocks rallied this week after the announcement of a contract between Elon Musk’s Tesla Inc (NASDAQ: TSLA or TSLA: US) and Australian company Piedmont Lithium. The S&P/TSX Global Base Metals index, with 27 constituents, is up 12.56.....
Mr Trump’s latest affair is not doing him any favours
September 29, 2020 06:53 AM EDT| By Edita IvancevicSince the last presidential election held in the US back in 2016, controversies from the current American President Donald Trump have not stopped flooding the news articles on every media outlet. Trump’s newest affair revealed by the globall.....
Uber Remains Available in London, Licence Granted for 18 Months
September 29, 2020 06:11 AM EDT| By Edita IvancevicUber has secured a new licence to operate in London, after a court ruled in favour of the ride hailing service in an appeal against Transport for London (TfL). With a number of conditions, the licence has been granted for a period of 18 months. &nb.....
Amazon Prime Day event on October 13-14
September 29, 2020 02:18 AM EDT| By Team Kalkine MediaAmazon aims to kick off the holiday season shopping with the two-day annual shopping event. The much-awaited sale event offers exclusive deals and new product, etc for its Prime members. In 2019, Prime Day was held in mid-July, but the pa...
TSX Composite Starts The Week On A Positive Note
September 28, 2020 11:11 PM EDT| By Team Kalkine MediaCanadian equity market started the week on a positive note as S&P/TSX Composite Index rose ~177 points to 16,242.81 on Monday (28 September 2020). Barring healthcare, all other sectors closed in green. Real Estate and Consumer Cyclicals were the...
5 Unicorn Tech IPOs To Watch Out In 2020: Airbnb, Ant Group, Palantir, Robinhood & Asana
September 28, 2020 10:30 AM EDT| By Team Kalkine MediaSummary After a gloomy start to 2020, stock markets are readying to usher in a series of initial public offerings (IPOs). Some of these highly anticipated IPOs include tech unicorns Airbnb, Ant Group, Palantir, Robinhood and Asana. Despite the.....
Canadian Tire & Aritzia: 2 Consumer Stocks To Watch Out This Fall
September 28, 2020 08:40 AM EDT| By Kunal SawhneySummary Canada’s consumer retail space is on a slow rebound. Changing customer behavior has pushed the industry to adapt digitalization, cut costs and offer best possible deals. While many traditional retailers are shutting shops, some c.....
WestJet and Air Canada: 2 Popular Airline Stocks on TSX
September 28, 2020 08:33 AM EDT| By Team Kalkine MediaSummary The coronavirus outbreak and the accompanying travel restrictions threw a deep impact on airline companies worldwide. Despite financial losses and COVID-related operational setbacks, Canada’s top air carriers Air Canada (TSX: AC) .....
Global tech major Microsoft strengthens its ties with Telstra
September 28, 2020 08:26 AM EDT| By Team Kalkine MediaWorld's leading technology giant Microsoft Corporation (NASDAQ:MSFT), and Australia's leading telecommunications company Telstra Corporation Limited (ASX:TLS) are focusing on fast-tracking the development and unveiling of various cloud-based servic.....
Canada July export trade numbers out
September 28, 2020 08:22 AM EDT| By Team Kalkine MediaThe total number of exporting enterprises rose 2.2% month-over-month to reach 18,946. However, the figures are still down 7.1% as compared with pre-pandemic levels in February. The number of large-sized exporters posted most relative grow...
Ballard Power to collaborate with MAHLE
September 28, 2020 08:20 AM EDT| By Team Kalkine MediaBallard Power Systems (TSX: BLDP) will collaborate with MAHLE for development of zero-emission fuel cell systems in heavy and medium duty commercial trucks. MAHLE is a leading international product supplier to commercial vehicles and autom...
Inter Pipeline to acquire Milk River from Plains All American
September 28, 2020 08:12 AM EDT| By Team Kalkine MediaAs per the deal details, Plains All American Pipeline will sell its Milk River pipeline system to Inter Pipeline (TSX: IPL). In return, the American pipeline will pay Inter $35 million in cash, attain full ownership of Empress II and...
Amazon Canada set to hire 3500 workers
September 28, 2020 08:10 AM EDT| By Team Kalkine MediaThe e-commerce giant will hire for its Ontario and British Columbia offices. Of the 3500 jobs, 3000 positions will be based in Vancouver while the remaining will be in Toronto. Some of the profiles include software development engineers,...
Just Energy (TSX:JE) and Zenabis Global (TSX:ZENA): Stocks Trending on TSX This Week
September 28, 2020 08:00 AM EDT| By Team Kalkine MediaSummary Stocks of Just Energy Group Inc (TSX: JE) and Zenabis Global Inc (TSX: ZENA) were among the most actively traded shares on the TSX last week. Just Energy Group’s stock price has gained nearly 41 per cent in the last 10 days. Pot .....
Glance at US tech sector; FAANG stocks remain volatile
September 28, 2020 07:41 AM EDT| By Team Kalkine MediaThe FAANG stocks or the tech darlings in the US stock market are crucial for Wall Street trading as their performance influences the broader movement of the equity markets. The FAANG stocks include five prominent American technology .....
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How US Presidential Elections 2020 Impact Canadian Economy and Stock Markets
September 27, 2020 08:00 AM EDT| By Team Kalkine MediaSummary The upcoming US presidential election is scheduled for November 3, 2020. In the past, US presidential elections and the presidents they brought to power had major impacts on Canadian economy and stock markets. Most recently, Trump&rsqu.....
Wealthsimple To Launch Canada’s First Regulated Crypto Platform
September 27, 2020 12:06 AM EDT| By Team Kalkine MediaInvestment management firm Wealthsimple has announced the launch of its cryptocurrency exchange, Wealthsimple Crypto. People will be able to purchase and sell bitcoin and ethereum in Canadian dollars on their phones via Wealthsimple Crypto, the co.....
Former Finance Minister Bill Morneau Nominated For OECD Post
September 27, 2020 12:06 AM EDT| By Team Kalkine MediaThe Canadian government officially nominated former finance minister Bill Morneau as the Secretary-General of Organisation for Economic Co-operation and Development (OECD) on Friday, September 25. OECD Secretary-General Angel Gurria had announced .....
