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After the release of Canada industrial product price index for February at 8:30 am ET Thursday, the loonie rose against the other major currencies. The loonie was trading at 1.3319 against the greenback, 83.64 against the yen, 1.4289 against the euro and 1.0210 against the aussie around 8:34 am ET.

Canadian stocks may struggle to extend recent gains Thursday amid lingering concerns about the global economy and numerous geopolitical flashpoints. The UK's Brexit and a lack of clarity about U.S. tax/health care reform is also weighing on sentiment, although Canadian stocks have been rather resilient...

Statistics Canada will release Canada industrial product price index for February at 8:30 am ET Thursday. The index is expected to match the January score of 0.4 percent. Ahead of the data, the loonie held steady against the other major currencies. The loonie was worth 1.3339 against the greenback,...

The euro declined against its major counterparts in the early European session on Thursday, as Eurozone bond yields declined after a slowdown in consumer price inflation in Spain and on continued expectations that the European Central Bank would stick to accommodative monetary policy to boost inflation. Flash...

First Global Data announced it has entered into a strategic partnership agreement with TelKash UK Ltd and Telkash Americas Group NZ. Ltd. First Global will enable Telkash to offer its own branded money remittance and payments services using the First Global technology platform including its mobile wallet....

The U.S. dollar strengthened against most major currencies in the Asian session on Thursday amid rising risk aversion, tracking the mixed cues overnight from Wall Street and as the UK began the formal process of exiting the European Union. Meanwhile, crude oil prices edged lower in Asian trades after...

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ConocoPhillips (COP) said that it has signed a definitive agreement with Cenovus (CVE, CVE.TO) to sell its 50 percent non-operated interest in the Foster Creek Christina Lake or FCCL oil sands partnership, as well as the majority of its western Canada Deep Basin gas assets, for total proceeds of $13.3...

Canadian stocks continued to rise Wednesday, powered by gains in the energy sector thanks to higher crude oil prices. The TSX Composite Index was up 59.06 points, or 0.38 percent, to 15,657.63, its highest in two weeks. Energy stocks jumped 2 percent. Crude oil futures rallied to 3-week highs after...

The Canadian stock market got off to a weak start Wednesday, but has since reversed and has now turned positive. Energy stocks are leading the way higher following the release of today's U.S. inventory data. Meanwhile, the global reaction to the UK's formal notification that it is leaving the European...

Bombardier Commercial Aircraft announced that Dublin-based regional carrier, CityJet has exercised the four options that were part of a purchase agreement announced on February 1, 2017. That agreement included a firm order for six CRJ900 aircraft and options for four more. Upon delivery, the aircraft...

Early signs point to modest gains in early dealing Wednesday, as markets overseas calmly reacted to the UK's formal notification that it is leaving the European Union. The EU confirmed it received a letter from the UK triggering Brexit's Article 50. Speaking in the House of Commons, UK PM Theresa...

Manulife Financial (MFC, MFC.TO) said that Roy Gori, currently Senior Executive Vice President and General Manager of Manulife's Asia Division, has been appointed the company's President, effective June 5. Gori will have responsibility for Manulife's global operating businesses, reporting to Chief...

The Canadian dollar firmed against most major opponents in early European trading on Wednesday amid risk appetite, as investors focused on the formal move by the U.K. to leave the European Union, and as oil prices rallied on disruptions to Libyan crude production and a more positive OPEC attitude towards...

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