Element Fleet Management Corp. (EFN.TO) announced a strategic multi-year partnership with Waymo, a leader in autonomous driving technology, to support the large-scale deployment and operation of autonomous vehicle fleets. The partnership, enabled through Element Mobility, will provide end-to-end fleet...
Sharply higher Canadian and U.S. futures and rising precious metals prices thanks to U.S.-Iran peace deal agreement point to a firm start on Bay Street Monday morning. The preliminary framework agreed to by the two nations includes halting the U.S. blockade of Iran and reopening of the Strait of Hormuz.
Monday, Seadrill Limited (SDRL) announced that its subsidiary Seadrill Finance Limited intends to offer for sale of $600 million in aggregate principal amount of senior unsecured notes due 2034. The subsidiary intends to use the proceeds, together with cash on hand, to redeem all of its outstanding...
Edge Total Intelligence Inc. (CTRL.V, UNFYF) Monday said that it has won contracts worth $1.2 million from Austal USA to provide data integration for the U.S. Navy's Digital Secure Exchange for Additive Platform. The contracts cover edgeTI's edgeCore digital twin software, which will serve as the...
The commodity currencies such as Australia, the New Zealand and the Canadian dollars strengthened against their major currencies in the Asian session on Monday, with investors cheering the news about Iran and the U.S. signing a peace deal to end the crisis in the Middle East. The preliminary framework...
The Canadian dollar strengthened against most major currencies in the Asian session on Monday. The Canadian dollar rose to a 2-month low of 1.6221 against the euro and a 4-day high of 1.3950 against the U.S. dollar, from Friday's closing quotes of 1.6184 and 1.3990, respectively. Against the...
The Australian dollar strengthened against other major currencies in the Asian session on Monday. The Australian dollar rose to 10-day highs of 0.7088 against the U.S. dollar, 113.42 against the yen and 0.9894 against the Canadian dollar, from Friday's closing quotes of 0.7046, 112.90 and 0.9857,...
The U.S. dollar retreated against the Canadian dollar in the New York session on Friday. The greenback retreated to 1.3959 against the loonie, from an early high of 1.3996. The currency is seen finding support around the 1.38 level.
OpenText (OTEX, OTEX.TO) has announced a 105 million euros investment that will create 400 new jobs across its sites in Ireland over the next three years. This commitment doubles the company's investment in the country and will significantly expand its capabilities in agentic AI, cybersecurity, sovereign...
Canadian stocks edged higher on Friday, extending the gains from previous session amid increasing optimism following U.S. President Donald Trump's reassurance on signing of a U.S.-Iran peace agreement over this weekend and reopening of the Strait of Hormuz. A surge in gold-linked materials sector gave the impetus to the index.
The Canadian market remains firmly up in positive territory Friday afternoon thanks largely to strong gains in materials stocks. Several stocks from real estate, consumer discretionary and financials sectors too are up with impressive gains. The undertone in the market is quite firm amid expectations Iran and the U.S. could sign a peace deal as early as this Sunday.
Canadian stocks look headed for a positive start Friday morning amid rising hopes the U.S. and Iran will strike a peace deal this weekend.
The Canadian dollar weakened against other major currencies in the European session on Friday, as crude oil prices slumped over 4 percent after U.S. President Donald Trump called off new military strikes on Iran and said a peace deal could be signed in a few days, helping ease fears of escalation. According...
The Canadian dollar weakened against other major currencies in the European session on Friday. The Canadian dollar fell to nearly a 2-month low of 1.6201 against the euro and a 4-day low of 0.9859 against the Australian dollar, from early highs of 1.6162 and 0.9821, respectively. Against the...
Edesa Biotech Inc. (EDSA), a clinical-stage biopharmaceutical company, on Thursday reported entering a Private Investment in Public Equity (PIPE) placement with healthcare-focused investors and the company's Chief Executive Officer (CEO). Shares increased by over 8% on Thursday. The company plans...
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.