Shares of meatpacking giant JBS rise slightly in debut on the NYSE
Shares of Brazilian meat giant JBS gained 1.6 per cent in as they made their debut Friday on the New York Stock Exchange.
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Canadian and U.S. stocks down after Israeli attacks on Iran, price of oil jumps
Canada’s main stock index fell in, weighed down by losses in the technology sector, while U.S. markets also moved lower after Israeli attacks on Iran.
Nova Scotia’s offshore wind transmission line could cost $10 billion: premier
It could cost between $5 billion and $10 billion to build a transmission line that would connect Nova Scotia’s proposed offshore wind farms with the rest of the country, Premier Tim Houston says.
Crude spike driven by Mideast tumult may be a ‘knee jerk’ that quickly fades: analyst
An analyst says a spike in crude prices driven by the latest Mideast turmoil could be a knee-jerk reaction that quickly subsides.
Search for gold to offset cost of disaster at Yukon mine, government says
A court-appointed receiver plans to start sifting for gold in cyanide-laced water stored at the Eagle Gold Mine in Yukon.
Brookfield to buy internet provider Hotwire in about US$7 billion deal, sources say
Brookfield Infrastructure Partners has struck a deal to buy internet service provider Hotwire Communications, valuing the company at around US$7 billion.
Nippon Steel exec says firm needs freedom to manage U.S. Steel, newspaper says
Shares of U.S. Steel dipped after a Nippon Steel executive said that its planned acquisition required “a degree of management freedom” to go ahead.
U.S. equity fund outflows ease on cooling inflation pressure, trade deal optimism
U.S. equity funds witnessed the smallest weekly net disposal in four weeks in the week through June 11 as a smaller than expected rise in consumer prices in May, and a U.S. trade deal with China, eased investor worries.
PSP Investments earns 12.6 per cent return, tops reference portfolio
The Public Sector Pension Investment Board says it earned a return of 12.6 per cent for its latest financial year ended March 31.
AstraZeneca signs US$5 billion research deal with China’s CSPC
AstraZeneca has signed a research agreement worth more than US$5 billion with Chinese drugmaker CSPC Pharmaceutical Group, the Anglo-Swedish drugmaker said on Friday.
Trump administration moves to lift Biden-era mining restrictions near Boundary Waters in Minnesota
President Donald Trump’s administration is moving to lift restrictions on copper-nickel mining that the Biden administration imposed near the Boundary Waters Canoe Area Wilderness in northeastern Minnesota.
S&P/TSX composite index closes up along with U.S. markets
Strength in the price of gold helped lift Canada’s main stock index as U.S. markets also closed higher.
U.S. producer prices rise modestly to 2.6 per cent in May with inflationary pressures still mild
U.S. wholesale prices rose modestly last month from a year earlier, another sign that inflationary pressures remain mild.
Canada could gain as global investors rethink U.S. emphasis: BNP economist
The chief economist at one of Europe’s largest banks says Canada stands to gain as global investors rethink their focus on the United States.
Energy talks ‘full steam ahead’ despite Hydro‑Québec chief’s new gig: N.L. Hydro
The upcoming departure of the CEO of Quebec’s hydro utility won’t interfere in final negotiations on a new energy deal with Newfoundland and Labrador.
Hot or not? How recent high-profile U.S. IPOs have performed
Digital bank Chime’s debut is expected to add more firepower to a recovering IPO market after a string of blockbuster listings in the last few months.