Day: 19 November 2020

Integra advances on Idaho gold-silver news

Editor
Integra advances on Idaho gold-silver news
  Integra Resources Corp.  on Thursday November 19 released a series of high-grade gold-silver assays from the 2020 drill program in the War Eagle Mountain area near the company’s DeLamar Gold and Silver Project in southwestern Idaho. Highlights include 24.20 g/t gold and 655.06 g/t silver over 7.62 metres north of 2019 drilling at War Eagle. “The drill results announced... Read More

Major factors stimulating overlooked electric motorcycles & scooter market growth

Editor
Major factors stimulating overlooked electric motorcycles & scooter market growth
  The electric motorcycles & scooter market is expected to generate sizeable revenue proceeds over the forthcoming years on account of escalating demand for EVs worldwide. Surging concerns over carbon emissions and their harmful effects on human health has boosted the adoption of eco-friendly e-bikes. These vehicles can significantly help lower harmful emissions like carbon monoxide (CO), nitrogen oxide (NOx),... Read More

Most actively traded companies on the Toronto Stock Exchange

Editor
Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (16,909.81, up 19.99 points.) Suncor Energy Inc. (TSX:SU). Energy. Up three cents, or 0.15 per cent, to $20.14 on 11.2 million shares. Manulife Financial Corp. (TSX:MFC). Financials. Down five cents, or 0.23 per cent, to $21.75 on 10.4 million shares. Bombardier Inc.... Read More

Pandemic resurgence blunts refined fuel demand recovery, says Imperial Oil CEO

CanadianInvestor
Pandemic resurgence blunts refined fuel demand recovery, says Imperial Oil CEO
  CALGARY — The CEO of Imperial Oil Ltd. says rising COVID-19 infection numbers have stalled a recovery in demand for vehicle fuels produced in its Canadian refineries from the depths of the pandemic lockdowns in March and April. Brad Corson, speaking at the company’s investor day, says demand for Imperial’s gasoline and diesel have recovered to between 85 and... Read More

S&P/TSX composite essentially flat as sentiment muted by rising COVID infections

CanadianInvestor
S&P/TSX composite essentially flat as sentiment muted by rising COVID infections
  TORONTO — Canada’s main stock index was essentially flat Thursday as investors took their foot off the pedal on concerns about rising COVID-19 infections and pocketed some profits following a good few weeks of trading. The S&P/TSX composite index closed up 19.99 points to 16,909.81. In New York, the Dow Jones industrial average was up 44.81 points at 29,483.23.... Read More

AIMCo chief executive to exit from Alberta’s embattled fund manager by June 2021

CanadianInvestor
AIMCo chief executive to exit from Alberta’s embattled fund manager by June 2021
  CALGARY — The chief executive of Alberta Investment Management Corp. is expected to leave the post by next June — a few months earlier than planned before the Alberta fund manager’s investment track record came under fire earlier this year. A spokesman for AIMCo says CEO Kevin Uebelein and the government-owned fund manager’s board have agreed he’ll remain in... Read More

Southwest, United Airlines see weak demand over holidays, 1Q

CanadianInvestor
Southwest, United Airlines see weak demand over holidays, 1Q
  DALLAS — United Airlines warned Thursday that bookings have slowed and cancellations have increased as the number of coronavirus infections spikes across the country. Southwest Airlines has also seen more cancellations, and the carrier’s CEO said that travel demand will be remain weak in the first quarter. The number of people flying in the United States is down about... Read More

GM: New batteries cut electric car costs, increase range

CanadianInvestor
GM: New batteries cut electric car costs, increase range
  DETROIT — General Motors says a pending breakthrough in battery chemistry will cut the price of its electric vehicles so they equal those powered by gasoline within five years. The technology also will increase the range per charge to as much as 450 miles. The company’s product development chief promised a small electric SUV that will cost less than... Read More

Trudeau defends arrest of Huawei executive, says countries must stand up to China

CanadianInvestor
Trudeau defends arrest of Huawei executive, says countries must stand up to China
  OTTAWA — Prime Minister Justin Trudeau is defending the arrest of Huawei executive Meng Wanzhou by Canadian authorities, saying Canada can’t pick and choose when it follows the rule of law. And the prime minister says other countries must stand up to China to ensure it also follows international rules and stops trying to throw its weight around to... Read More

Ending withdrawal rules from registered retirement funds would cost $1B, PBO says

CanadianInvestor
Ending withdrawal rules from registered retirement funds would cost $1B, PBO says
  OTTAWA — A new review by Parliament’s spending watchdog says waiving mandatory withdrawal amounts from seniors’ retirement savings would cost federal coffers about $1 billion annually. Each year, seniors with registered retirement income funds have to withdraw a minimum amount from their savings, which is considered taxable income. The Liberals shifted the marker this year, dropping the minimum for... Read More