Canadian News


The Canadian market suffered its worst setback in more than than three months on Friday as rising fears of a recession due to aggressive monetary tightening by global central banks to fight inflation rendered the mood extremely bearish.

Canadian stocks are plunging sharply on Friday with mounting fears of a recession triggering a sell-off across the board.

Dye & Durham Limited (DND), a provider of cloud-based, efficient workflow software for legal and business professionals, on Friday announced that Link Administration Holdings Limited (LNK) has terminated discussions with respect to Dye & Durham's proposed acquisition of Link Group.

Sharply lower Canadian and U.S. futures, falling commodity prices and a sell-off in Asian and European markets amid mounting fears of a recession, point to a gap down opening for Canadian shares on Friday.

Glencore International AG and Newmont (NEM, NGT.TO) have reached an agreement in which Glencore will acquire Newmont's 18.75% shareholding in the MARA Project. Following completion, Glencore will own 43.75% of MARA. Glencore will pay $124.9 million upon closing and a $30 million deferred payment. Total...

Bausch Health Companies Inc. (BHC, BHC.TO) and Glenmark Specialty S.A., a subsidiary of Glenmark Pharmaceuticals Ltd., announced Friday that RYALTRIS (olopatadine hydrochloride and mometasone furoate nasal spray) has been approved by Health Canada for the symptomatic treatment of moderate to severe seasonal...

us pre market 053119 23sep22 The following are some of the stocks making big moves in Friday's pre-market trading (as of 06.55 A.M. ET).

The euro weakened against its most major counterparts in the European session on Friday, as European shares dropped and the euro area business activity contracted for a third consecutive month in September. Flash survey results from S&P Global showed that the flash composite output index fell to a...

AstraZeneca PLC (AZN.L, AZN) announced Ultomiris has been approved in Europe as an add-on to standard therapy for the treatment of adult patients with generalised myasthenia gravis who are anti-acetylcholine receptor antibody-positive. The approval follows the positive opinion of the Committee for Medicinal...

After opening on a positive note, the Canadian market slipped and stayed weak on Thursday amid concerns about global growth after central banks, including the Federal Reserve, raised policy rates sharply to combat inflation.

After opening modestly higher, the Canadian market turned weak Thursday morning as shares from technology, consumer discretionary and industrials sectors drifted lower on selling pressure.

Canadian shares are likely to open on a mixed note on Thursday, with investors continuing to assess the likely impact of the sharp interest rate hikes by the Fed, and the Bank of England, on global economic growth.

The Japanese yen appreciated against its major counterparts in the European session on Thursday, after the Bank of Japan intervened in the foreign exchange market to stem the currency's slide amid the central bank's ultra-loose policy. Shortly after the BoJ's decision to maintain ultra-low interest...

us pre market 053119 22sep22 The following are some of the stocks making big moves in Thursday's pre-market trading (as of 06.40 A.M. ET).

Canadian stocks ended notably lower on Wednesday, weighed down by the Federal Reserve's announcement of a 75-basis point interest rate hike and the Fed Chair Jerome Powell's remarks that the central bank will need to keep raising rates "for some time" to combat elevated inflation.

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