First Cobalt strikes partnership with Glencore for Ontario cobalt refinery

First Cobalt strikes partnership with Glencore for Ontario cobalt refinery
TORONTO — First Cobalt Corp. says it has struck a partnership with commodities giant Glencore AG for the development of its cobalt refinery in Ontario. The company says it has a memorandum of understanding that would see Glencore provide raw material to feed the refinery, as well as evaluate making a loan to the company. First Cobalt says the refinery, which was... Read More

Most actively traded companies on the TSX

Most actively traded companies on the TSX
Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (16,426.47, up 24.72 points). Avalon Advanced Materials Inc. (TSX:AVL). Materials. Up five cents, or 111.1 per cent, to 9.5 cents on 9.9 million shares. Manulife Financial Corp. (TSX:MFC). Financials. Up 55 cents, or 2.37 per cent, to $23.80 on 8.9 million shares. Enbridge Inc. (TSX:ENB). Energy. Down... Read More

American Airlines cuts bag fees for some sports, music gear

American Airlines cuts bag fees for some sports, music gear
FORT WORTH, Texas — American Airlines says it’s cutting the cost of checking oversized sporting gear and musical instruments on flights. American said Tuesday that it eliminated the extra oversize charge for those items and instead will charge regular bag fees, which are lower. Before Tuesday, a passenger who checked a big item like a surfboard or snowboard on a... Read More

IMF urges Canada to stay course on housing, speed up internal trade revisions

IMF urges Canada to stay course on housing, speed up internal trade revisions
Canada should hold off on changes to make homebuying more affordable but should speed up efforts to reduce trade barriers within its borders, advises the International Monetary Fund. The organization calls for policies that focus on ensuring a sound financial system, enhanced co-operation between federal and provincial governments and structural reforms that target productivity growth in a wide-ranging report by staff following an... Read More

US home sales fell 0.4% in April amid limited supply

US home sales fell 0.4% in April amid limited supply
WASHINGTON — U.S. home sales slipped 0.4% in April, as would-be homebuyers face affordability challenges and a limited supply of starter houses. The National Association of Realtors said Tuesday that existing homes sold at a seasonally adjusted annual rate of 5.19 million last month, down from 5.21 million in March. Home sales have struggled despite the solid job market and... Read More

Materials and industrials weigh on TSX, U.S. stock markets gain ground

Materials and industrials weigh on TSX, U.S. stock markets gain ground
TORONTO — Canada’s main stock index edged lower in late-morning trading due to losses in the key industrial and materials sectors, while U.S. stock markets traded higher. The S&P/TSX composite index was down 7.45 points at 16,394.30. In New York, the Dow Jones industrial average was up 156.21 points at 25,836.11. The S&P 500 index was up 25.17 points at 2,865.40, while... Read More

Rogers to launch new Internet of Things service in Ontario in step towards 5G

Rogers to launch new Internet of Things service in Ontario in step towards 5G
TORONTO — Rogers Communications Inc. says it will launch a new wireless service that’s optimized for connecting stationary sensors and similar data-collection devices to the internet. The Toronto-based company says the service will be best used for asset monitoring, industrial automation, utility meters and smart cities. It adds that the technology is complementary to its current national networks using fourth-generation wireless... Read More

CBD-Infused Beverages Achieve Quality and Clarity Breakthrough Utilizing Pressure BioSciences’ Ultra Shear Technology Platform

CBD-Infused Beverages Achieve Quality and Clarity Breakthrough Utilizing Pressure BioSciences’ Ultra Shear Technology Platform
New Video Demonstrates Revolution in Soft Drinks, Sports Drinks, and Beer with Vanishing Water-Soluble CBD Oil for Enhanced Quality and Absorption Pressure BioSciences, Inc. , a leader in the development and sale of broadly enabling, pressure-based instruments, consumables, and platform technology solutions to the life sciences and other industries, today released a new, short video demonstrating the ability of... Read More