News

Canada Sets-Up C$100M Fund For Cutting-Edge Energy GHG Emissions

    A fund will support the commercialization of new items from the country’s oil and gas industry and help curtail its environmen...

IPO Buzz: Montreal Energy Drink Company Guru To List On TSX

  The company have been valued at C$160 million, as per media reports. Guru reportedly aims to raise C$ 34.5 million from the initial public...

Drone Stocks Fly As E-Commerce Logistics Scale Up

Summary To resolve day-to-day impediments in logistics, a new stream of customer order distribution and delivery is emerging – Drone logistic...

Tesla to ship cars from Shanghai plant, improve shipment time for As...

The futuristic-car maker Tesla (NASDAQ:TSLA) has new plans in mind for the local supply of its vehicles. Tesla CEO Elon Musk introduced a new project...

Tesla smashes market estimates in Q3; General Motors reveals EV plan...

Tesla, Inc. came up with another banger in the September quarter show, which was labelled as the ‘best quarter in history’ by Elon Musk. B...

Gilead (NASDAQ:GILD) Share Price Moves up after FDA Approves Veklury...

On 22 October 2020, the US FDA gave the green light to Gilead’s Veklury® (remdesivir) making the antiviral drug the first officially approve...

Goldman Sachs to Pay US$2 billion over Malaysia’s 1MDB scandal

New York’s leading global investment bank, Goldman Sachs has agreed to a much-anticipated settlement with the US Justice Department and would pa...

TSX Wraps Up On A High After 3 Days Of Losses

After three consecutive days of losses, the broader equity gauge of the Canadian Market, S&P/TSX Composite, gained 49 points or 0.30% to settle at...

Rogers Communications (TSX:RCI) Reports 14% Decline In Net Income Fo...

The telecom firm posted a 5 per cent YoY drop in its total service revenue in its third quarter earnings ended September 30, 2020. Net income of C$ 5...

Short-Video App Quibi Quits In 6 Months

Byte-video app Quibi is shutting down operations after failing to entice customers.  The platform was aimed to audience...

Alberta To Slash 930 Public Service Jobs 

The Provincial Employees said that the government is slash positions in agriculture and forestry, children's services, and communi...

Retails Sales In Canada Up 0.4% To C$53.2bn In August

The 0.4 per cent increase comes from sales of construction material, garden equipment, supplies and dealers, food, and beverage stores. Retail sales i...

WestJet (TSX:ONEX) To Issue Refunds On Cancelled Flights Due To Covi...

  Refunds will be issued in the form of payment, instead of credits issued by airlines for future flights. Lowest priced tickets will also be...

Cogeco (TSX:CCA) To Buy Quebec’s Derytelecom For $405mn

Through this acquisition, Cogeco Communications expects to add about 100,000 cable and internet customers in Quebec, as per media reports. With this...

AstraZeneca (LON:AZN) to resume COVID-19 vaccine trial in the US ahe...

AstraZeneca’s COVID-19 clinical trials in the US are anticipated to start again as early as this week after the US Food and Drug Administration...

Purdue Pharma reaches US$8 bn settlement, Why did the OxyContin make...

Purdue Pharma agreed to an A$11.6 billion (US$8 billion) settlement after pleading guilty for uncontrolled selling of its controversial opioid product...

A look at Tesla’s Powerwall

Outmost sustainability is a crucial goal for Tesla and its CEO and co-founder, Elon Musk, who never ceases with inventing new sustainable products. M...

PayPal throws its hat in the cryptocurrency ring, Bitcoin to become...

On 21st October, PayPal (NASDAQ:PYPL) announced its entrance into the cryptocurrency market, enabling its customers to transact bitcoins and other cry...

Netflix Subscription Tepid, Is Binge watching on the wane?

Netflix released dismal earnings report for Q3 2020, falling short on its guidance for earnings per share. Besides, Netflix subscriber growth lowered...

TSX Loses 43 Points, Hudbay Minerals & First Quantum Top Performers

Weighed down by industrials, technology and energy stocks, the S&P/TSX Composite Index declined by 43 points or 0.26% to close at 16,230.23 on Wed...