Canadian News


uscoronavirus april20 24may20 As the companies race against time to develop antibiotics or vaccines against the novel coronavirus, here's what happened in the COVID-19 drug/vaccine development space in the week that went by.

The Canadian stock market ended marginally up on Friday, after staying in negative territory for much of the session till an hour past noon.

After a slightly weak start, the Canadian stock market briefly edged higher before retreating amid cautious moves by investors Friday morning.

The euro declined against its major counterparts in the European session on Friday amid worsening mood, as U.S.-China tensions escalated and China has decided not to set an economic growth target for 2020 due to the coronavirus pandemic. After China moved to strengthen control over Hong Kong with...

lbrands may22 Fashion retailer L Brands Co. plans to close around 250 Victoria's Secret stores in North America over the next several months, executives said in its first-quarter earnings call. The company expects to close more stores in 2021 and beyond. Further, it plans to close 50 Bath & Body Works stores in the U.S. and one in Canada.

Canadian shares look headed for a weak start Friday morning, tracking global cues, and on worries about simmering tensions between the U.S. and China.

Canada retail sales for March have been released from Statistics Canada at 8:30 am ET Friday. The loonie changed little against its major counterparts after the data. The loonie was trading at 1.4016 against the greenback, 76.70 against the yen, 1.5278 against the euro and 0.9143 against the aussie around 8:35 am ET.

Canada retail sales for March are due from Statistics Canada at 8:30 am ET Friday. The loonie held steady against its major counterparts before the data. The loonie was worth 1.4010 against the greenback, 76.77 against the yen, 1.5275 against the euro and 0.9148 against the aussie at 8:25 am ET.

japaneseyen may22 The Japanese yen gained ground against its key counterparts in the Asian session on Friday, after the Bank of Japan left its key interest rate unchanged and launched a new lending program to support small businesses struggling from the impacts of the coronavirus pandemic. At the emergency meeting,...

Hikama Pharmaceutical LLC (HKMPY.OB) has received FDA approval to market its generic version of the brand drug Vascepa.

Canadian cannabis company Aurora Cannabis Inc. has announced its entry into the lucrative U.S. market with its acquisition of Massachusetts-based Reliva LLC, a seller of hemp-derived cannabidiol or CBD products. Under the terms of the deal, Aurora will pay about $40 million of its common shares to...

After closing the previous four sessions on a positive note, the Canadian stock market ended lower on Thursday as data showing a jump in job losses in Canada, and U.S.-China tensions over the virus spread weighed on sentiment.

The Canadian market was notably lower Thursday noon due to heavy selling in materials and energy stocks, amid concerns about near term economic outlook.

Canadian shares may open with a negative bias on Thursday, weighed down by data showing an increase in private sector unemployment in the country.

axcella may21 Shares of Axcella Health Inc. (AXLA) have been dismally performing since their listing on the NASDAQ on May 9, 2019. The stock is down more than 70 percent over the last 1 year.

Follow RTT