Indices

TSX climbs to eight-day high ahead of U.S. tariff reveal

Canada's main stock index rose on Wednesday to its highest closing level in over a week, helped by gains for industrial and technology shares, as investors awaited U.S. President Donald Trump's...

Canada gasoline prices slide on removal of consumer carbon tax

Retail prices for gasoline fell sharply across Canada after the government on Tuesday removed consumer carbon taxes that had been in effect since 2019. Mark Carney signed an order...

IATA airlines chief warns aviation industry falling behind on net zero

Global airlines have issued their bluntest warning yet that efforts to reach net-zero emissions by 2050 are sliding off course, as the head of their main trade body accused oil firms and the rest of...

LME first-quarter volumes jump 5.9% to second highest in 11 years

LONDON -The London Metal Exchange average daily volumes gained 5.9% in the first quarter of 2025, marking the second highest quarterly level in the last 11 years, the exchange said on Wednesday. ...

How hedge funds have positioned for Trump's 'Liberation Day'

LONDON -Hedge funds have scaled back risky bets and sought safety, data from Goldman Sachs shows, ahead of this week's widely anticipated announcement by U.S. President Donald Trump on reciprocal...

US to axe Biden-era 7-year deadline on exports from new LNG projects

WASHINGTON/Houston -The U.S. is slated on Wednesday to rescind a policy issued by the administration of former President Joe Biden that requires liquefied natural gas, or LNG, projects to export...

Oil eases off five-week highs as traders weigh impact of imminent Trump tariffs

Oil prices edged lower on Tuesday as traders braced for reciprocal tariffs that U.S. President Donald Trump is due to announce on Wednesday, which could intensify a global trade war. ...

Europe could need extra $11 billion of gas to refill winter stores

Europe may need up to an extra 250 cargoes of liquefied natural gas this year costing at least $11 billion to refill its depleted gas stores ahead of winter, with Ukraine requiring at least another 30...

Italian coffee maker Illy warns tariffs will push up US prices

Italian premium coffee maker Illycaffe' will be forced to raise prices in response to any tariffs imposed this week by U.S. President Donald Trump's administration, its CEO Cristina Scocchia said on...

Gold maintains record rally as tariff fears spur demand

Gold prices rose to touch a new record high on Tuesday, as investors turned to the safe-haven asset ahead of U.S. President Donald Trump's planned announcement of sweeping tariffs on countries that...

TSX futures fall as Trump's tariff announcement nears

Futures tied to Canada's main stock index fell on Monday as investors shunned risky assets amid concerns that U.S. President Donald Trump's upcoming tariffs will hurt the global economy. ...

Brazil's coffee farmers turn to costly irrigation to quench global demand for the brew 

Drought hit coffee farmers in Brazil hard last year, drying up trees and driving global prices to record highs. But Rodrigo Brondani is expecting a bumper harvest. Brondani's giant...

Oil prices ease despite Trump warning of possible tariffs on Russian buyers

Oil prices eased on Monday, heading for a slight quarterly loss despite a warning by U.S. President Donald Trump that he may impose secondary tariffs on buyers of Russian oil if he feels Moscow is...

UBS joins Wall Street firms in cutting S&P 500's annual target to below 6500

UBS Global Wealth Management cut the S&P 500's 2025 target to below the 6,500 mark, widely mirroring actions from other Wall Street firms including Barclays and Goldman Sachs, due to the economic...

Wall Street straps in for Trump's tariff reveal; sees no end to fog of uncertainty

NEW YORK -U.S. President Donald Trump's scheduled April 2 tariff policy announcement could clear a fog of uncertainty that has clouded financial markets this year, yet few investors expect to get the...

Wall St futures edge lower on tariff woes; inflation data on tap

U.S. stock index futures were under pressure on Friday as investors grappled with the prospect of more tariffs from President Donald Trump and kept a close eye on a pivotal inflation report due later...

Trump's erratic tariff policy shakes confidence in Europe's market bull run

Investors are calling time on a rally in European stocks and the euro after a blistering first quarter that many fear has exaggerated how fast a planned public spending boom can revive the region's...

What is known about Russia's arrest of billionaire Moshkovich?

Russian prosecutors asked a judge on Thursday to put billionaire Vadim Moshkovich, founder of the country's top agriculture company Rusagro, in pre-trial detention on suspicion of large-scale fraud. ...

Transnet's major union rejects wage deal agreed by rival

South Africa's United National Transport Union said on Thursday it rejected a final wage offer tabled by state-owned logistics group Transnet, which was signed by a smaller union. ...