PhosCan Chemical Corp. (FOS.V) reported a net loss of C$1.36 million for the first quarter, compared to a net loss of C$74.36 thousand in the same quarter last year. The company said that the wider net loss was primarily due to a C$1.1 million increase in stock option compensation expense.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.