Company News

Scotiabank has signed a referral arrangement with the Canadian arm of India’s ICICI Bank Ltd. for high-net-worth clients.

The S&P 500 and Nasdaq 100 indexes turned higher for the year on Tuesday, reversing a multitrillion dollar routs, as enthusiasm for U.S. stocks grows with global trade tensions cooling after the Trump administration and China agreed to temporarily lower tariffs.

Honda Canada is postponing a $15-billion electric vehicle investment project in Ontario, including a proposed EV battery plant and retooled vehicle assembly facility.

Bank of Nova Scotia wants to tap into the population of affluent Canadians with ties to South Asia through a wealth-management referral partnership with one of India’s largest lenders, ICICI Bank Ltd.

Robinhood Markets Inc. agreed to acquire WonderFi Technologies Inc., the operator of two Canadian cryptocurrency platforms, for about $250 million (US$179 million) in cash. 

Egg prices pulled back 18 per cent from a record high last month, offering some relief as supplies recovered from bird flu shock, though tariffs risk higher costs ahead.

Porsche AG is expecting a dip in sales after consumers pulled forward purchases earlier this year to beat U.S. President Donald Trump’s auto tariffs.

MrBeast, the YouTube star with more than 390 million followers, is partnering with Link Snacks Inc. to create a line of jerky and meat sticks and extend the entertainer’s foray into food products. 

The negative earnings-growth momentum that has plagued U.S. equities for months is finally taking a turn for the better.

As the Trump administration’s trade war clouds the economic outlook, software stocks have emerged as a favorite place for investors looking for a respite.

UnitedHealth Group on Tuesday named board Chairman Stephen Hemsley as its new chief executive officer, replacing Andrew Witty.

Hellman & Friedman-backed Hub International Ltd. has raised US$1.6 billion in fresh equity in a funding round that values the insurance brokerage at $29 billion.

The United States is the only nation projected to feel an international tourism slump this year.

Honda Motor Co. is expecting a ¥450 billion (US$3 billion) hit to its full-year profit as it braces for the fallout of U.S. President Donald Trump’s auto tariffs, joining rivals reeling from the trade war.  

Equity benchmarks around the world have recouped their losses in a roller-coaster six-week stretch since the acceleration of U.S. President Donald Trump’s tariff offensive.