This year could be a "profitability sweet spot" for Canada's oil and gas sector, according to analysts at CIBC Capital Markets who see a higher-for-longer commodity price cycle outpacing cost inflati… [+2958 chars]
Ford is no longer making a profit on the Mustang Mach-E due to rising levels of inflation. Ford’s Chief Financial Officer John Lawler revealed the surprising news at a Deutsche Bank conference on We… [+1174 chars]
Canada's housing market continued to cool down from its red-hot pandemic pace in May, with the average price of a Canadian home that sold during the month going for $711,000, a decline of more than $… [+2603 chars]
Economists say the Federal Reserve raising its key interest rate by three-quarters of a point its largest hike since 1994 increases the odds of the Bank of Canada following suit next month. The U.S.… [+1034 chars]
Our roundup of Canadian small-caps of between $100-million and $2.5-billion in market capitalization making news Algoma Steel Group Inc. (ASTL-T) reported revenue of $941.8-million for its fourth qu… [+3332 chars]
Swedish furniture retailer IKEA will scale down its business operations in Russia and sell all four country-based factories, the RBC business daily reported Wednesday, citing the company’s press serv… [+1138 chars]
Dont count Bill Gates among the fans of cryptocurrencies and NFTs. Those digital asset trends are 100% based on greater fool theory, the Microsoft co-founder said Tuesday at a TechCrunch conference,… [+1250 chars]
Africa has a significant natural… Some of the biggest international… Surrounded by strong neighbors, Azerbaijan… By Julianne Geiger - Jun 15, 2022, 10:00 AM CDTRussia's Gazprom has reduced the flo… [+2050 chars]
An environmental law firm is calling on B.C. municipalities to set one dollar aside per resident in a bid to raise money for a class-action lawsuit against major oil companies. The campaign, launch… [+7287 chars]
The U.S. Food and Drug Administration's outside vaccine advisers have voted unanimously that two COVID-19 vaccines Moderna and Pfizer-BioNTech for children between six months and five years of age… [+2875 chars]
Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and expert opinions. Sign up here! (Kitco News) … [+2881 chars]
The National Highway Traffic Safety Administration published its first report of crashes involving vehicles operating with partially automated driving systems engaged. The report, released Wednesday,… [+4465 chars]
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