Posthaste: Why a weak Canadian dollar won't stop Bank of Canada from cutting rates
Before you get too excited, it’s not because they believe the loonie is headed for a rebound. Quite the contrary, RBC expects the Canadian dollar to fade further to 68.96 cents U.S. by the second ...
FP Dealmakers: Bay Street raises highest amount in a decade as debt, equity markets diverge
Overall, Canada’s financial sector raised about $552.8 billion through 946 deals in 2024, the highest amount raised in the past decade and up 19.5 per cent from $462.4 billion in 2023, according to ...
'A hospitality renaissance': Canadian hotel industry swiftly bouncing back as demand for experiences rises
The hotel industry, steadily making its way back from the disastrous pandemic years in which revenues plummeted by an estimated 80 per cent in 2020, was one obvious beneficiary of “the Swift effect,” ...
Stocks and Bonds Retreat on Fed Rate-Cut Outlook: Markets Wrap
Bank of America Corp., which previously projected two quarter-point Fed rate cuts this year, said it no longer expects any, ...
TomaGold appoints Jean Lafleur, P. Geo., as Vice President, Exploration
MONTREAL — TOMAGOLD CORPORATION (TSXV: LOT) (“ TomaGold ” or the “ Corporation ”) is pleased to announce the appointment of Jean Lafleur, P. Geo., as Vice President, Exploration. Mr. Lafleur replaces ...
EnviroGold Global Closes Upsized Strategic Unit Offering to Raise $4.1 Million and Announces Appointment of New Director
Mr. Brabazon’s professional qualifications include a Bachelor of Commerce from the University of Auckland, a Chartered Fellow of the Institute of Directors in New Zealand, and a Fellow of the ...
China says a fishing vessel hijacked off Somalia with 18 crew aboard has been freed
MOGADISHU, Somalia (AP) — A Chinese-owned fishing vessel hijacked off the Somali coast in November has been set free with its 18-member crew, the Chinese Embassy in Somalia said Monday. The embassy ...
lululemon athletica inc. Updates Revenue and Earnings Expectations for the Fourth Quarter Ahead of the ICR Conference
VANCOUVER, British Columbia — lululemon athletica inc. (NASDAQ:LULU) today announced that, for the fourth quarter of fiscal 2024, the Company now expects net revenue will be in the range of $3.560 ...
S&P 500 P/E ratios suggest investors are betting on decades more of skyhigh profits
Marks wraps it up with a bow by highlighting a chart by JP Morgan Asset Management. It has 324 monthly observations (27 years x 12) from 1988 through late 2014 showing the forward P/E ratio on the S&P ...
Microbix & API Ensuring Flu Tests Can Detect H5N1 Strain
Microbix Biosystems Inc. ( TSX: MBX, OTCQX: MBXBF, Microbix® ), a life sciences innovator, manufacturer, and exporter, and American Proficiency Institute ( API ), a groundbreaking supplier of ...
Pakistan Makes Progress on First Panda Bonds, Finance Chief Says
Pakistan is preparing to debut yuan-denominated bonds this year to shore up finances, its Finance Minister said, while the ...
Prestigious Scientific Event: Hong Kong Laureate Forum 2025
Calling Outstanding Young Scientists in Astronomy, Life Science and Medicine, and Mathematical Sciences!