Daily News

Source: Financialpost April 04, 2023

Teck Resources rejects 'opportunistic' takeover bid from mining giant Glencore

The surprise $23.2 billion offer comes as Canadian miner ramps up copper production Get the latest from Naimul Karim straight to your inbox Sign Up Canada’s Teck Resources Ltd. said its board unanimously rejected a bid to purchase the...

Source: Financialpost April 04, 2023

A Canadian godfather of AI calls for a 'pause' on the technology he helped create

Powerful AI tools can have negative uses, and the world isn't ready, Yoshua Bengio warns Yoshua Bengio, the Canadian professor who is considered one of the godfathers of artificial intelligence, said the technology he helped create should be pa...

Source: Financialpost April 04, 2023

Posthaste: The 'central bankers of oil' just dropped a bombshell that could change everything

Higher for longer interest rates could be the fallout Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on this page....

Source: Financialpost April 03, 2023

Long-term care insurance would create huge fiscal burden for adult children of aging boomers

This section is Presented This section was produced by the editorial department. The client was not given the opportunity to put restrictions on the content or review it prior to publication. by HSBC HSBC Commentary: Even...

Source: Financialpost April 03, 2023

Theo Argitis: Chrystia Freeland's budget shows Ottawa is no longer starving the beast

This section is Presented This section was produced by the editorial department. The client was not given the opportunity to put restrictions on the content or review it prior to publication. by HSBC HSBC Canada has entere...

Source: Financialpost April 02, 2023

Carlo Dade: Biden's visit to Canada may mark beginning of long decline in relationship with U.S.

This section is Presented This section was produced by the editorial department. The client was not given the opportunity to put restrictions on the content or review it prior to publication. by HSBC HSBC Gains from Biden'...

Source: BNN Bloomberg April 01, 2023

U.S. stocks extend rally as traders eye peak rates

Technology shares extended the week’s U.S. stocks rally after a key measure of inflation cooled last month, suggesting the Federal Reserve may be close to ending its rate-hiking campaign. Treasuries rose. Excluding food and energy, the Fed’s preferred infl...

Source: BNN Bloomberg April 01, 2023

Portfolio manager discusses telecom stock outlook after Rogers-Shaw approval

After Rogers Communications Inc. cleared its final regulatory hurdle to close its $20-billion acquisition of Shaw Communications Inc. on Friday, a Canadian portfolio manager said stocks appeared to have already “priced in” the outcome, and predicted telecoms...

Market Call Source: BNN Bloomberg April 01, 2023

Stan Wong's Top Picks: March 31, 2023

Stan Wong, portfolio manager, Scotia Wealth Management FOCUS: North American large caps and ETFs  MARKET OUTLOOK: Despite recent market turbulence, the S&P 500 Index is now up more than 15 per cent from its October lows. From a technical perspectiv...

Source: BNN Bloomberg April 01, 2023

TSX recap: Index finishes 0.8% higher amid broad-based gains

Canada’s main stock index climbed more than 150 points Friday to close out the first quarter of the year in positive territory in spite of this month’s Silicon Valley Bank-related market turmoil. The S&P/TSX Composite Index was up 158.90 points, or 0.8 per...