Indices

Stocks churn as traders assess Fed outlook following rate cut

Global stock markets were choppy on Thursday after the Federal Reserve delivered its first rate cut this year but signalled a measured approach to further monetary policy easing, leaving investors...

Ukraine, US launch fund for critical minerals projects with $150 million investment

Ukraine and the U.S. International Development Finance Corporation will each commit $75 million to a joint investment fund that is part of Kyiv's minerals deal with Washington first signed in April,...

Canada industry minister to meet CEOs of Teck and Anglo American

Canadian Industry Minister Melanie Joly on Tuesday said she would be meeting the CEOs of Anglo American and Teck Resources next week to discuss their proposed merger. There have been...

Canada's annual inflation rises less than expected in August

Canada's annual inflation rate rose 1.9% in August as gasoline prices on a yearly basis fell at a slower pace than in the previous month and food prices were up slightly, data showed on Tuesday. ...

Trump renews calls for ending quarterly reports for companies

U.S. companies should be allowed to report earnings every six months instead of on a quarterly basis, President Donald Trump said on Monday, announcing what could prove to be a major shift for...

Canada July factory sales up 2.5% on autos, petroleum

Canadian factory sales grew by 2.5% in July from June on higher sales of motor vehicles, as well as petroleum and coal products, Statistics Canada said on Monday. Excluding motor...

Canada had constructive talks with China over canola dispute, Ottawa says

OTTAWA -Canadian officials had constructive talks with their Chinese counterparts about Beijing's duties on canola during a recent visit, Prime Minister Mark Carney's office said in a statement on...

Global equity funds record first weekly outflow in five weeks

Global equity funds registered their first weekly outflow in five weeks through September 10 as investors locked in profits and trimmed their risk exposure. Major equity markets hit...

Eni CEO, US delegation meet to bolster energy ties

Eni's Chief Executive Claudio Descalzi met the U.S. energy and interior secretaries on Friday as Washington pushes to seal energy supply deals that it hopes will strengthen its influence in the...

Global stocks edge up with dollar, bond yields as Fed rate cuts loom 

MSCI's global equities index edged higher on Friday, after registering a record close in the prior session, while U.S. Treasury yields rebounded after sliding the day before when expectations climbed...

Blackstone-backed Legence raises $728 million in US IPO

Engineering and maintenance services provider Legence raised $728 million in its U.S. initial public offering on Thursday, adding its name to the string of companies looking to go public amid...

Canada names gas plant, port, mines as major projects to be sped up

OTTAWA -Canada named five major projects on Thursday it said would be eligible for fast-track approvals as part of a campaign to diversify the economy and reduce reliance on the United States as...

Blockchain lender Figure valued at $7.6 billion as shares jump in Nasdaq debut

Figure Technology was valued at $7.62 billion after its shares jumped 44% in their Nasdaq debut on Thursday, adding to a run of strong first-day performances by crypto-linked firms as the...

Instant View: US consumer prices rise more than expected, but a rate cut still coming

U.S. consumer prices rose more than expected in August while the annual increase in inflation was the largest in seven months, although the numbers will not prevent an interest rate cut from the...

OPEC sticks to oil demand forecasts, says economy doing well

LONDON -OPEC made no changes on Thursday to its relatively high global oil demand growth forecasts for this year and next, and said the world economy was maintaining a solid growth trend in the...

Swiss add lustre to Trump trade deal with gold refining plan, sources say

ZURICH -Switzerland is proposing that its gold industry builds a refinery in the United States or increases its processing capacity there as part of a plan to reduce U.S. trade tariffs, according to...

Oil prices slide 2% on worries about global oversupply, US demand

Oil prices slid on Thursday, settling about 2% lower as concerns over possible softening of U.S. demand and broad oversupply offset threats to output from the conflict in the Middle East and the war...

LB Pharmaceuticals raises $285 million in US IPO

LB Pharmaceuticals raised $285 million in its U.S. initial public offering, the biotech firm said on Wednesday, marking the first sizable biotech IPO since February. The New York-based...

Newmont applies for voluntary delisting from Toronto Stock Exchange

Newmont has applied for a voluntary delisting of its common shares from the Toronto Stock Exchange due to low trading volumes, the world's top gold miner said on Wednesday. The move,...