Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange
  TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (17,296.93, up 106.68 points.) BlackBerry Ltd. (TSX:BB). Technology. Up $1.43, or 18.69 per cent, to $9.08 on 40.4 million shares. Bombardier Inc. (TSX:BBD.B). Industrials. Down 3.5 cents, or 6.6 per cent, to 49.5 cents on 20.8 million shares. Hexo Corp. (TSX:HEXO).... Read More

BlackBerry shares soar in wake of Amazon deal to develop vehicle data platform

BlackBerry shares soar in wake of Amazon deal to develop vehicle data platform
  WATERLOO, Ont. — Shares in BlackBerry Ltd. gained nearly 40 per cent in the wake of a deal with Amazon Web Services to develop and market BlackBerry’s intelligent vehicle data platform, IVY. Financial terms of the multi-year agreement were not immediately available. The company says BlackBerry IVY is a cloud-connected software platform that helps provide a secure way to... Read More

OPEC talks on production hit snag as pandemic clouds outlook

OPEC talks on production hit snag as pandemic clouds outlook
FRANKFURT — The OPEC oil producers’ cartel was to push ahead with a new round of discussions Tuesday about how much to pump next year as countries wrestled over whether to extend the production cuts that have been supporting prices depressed by the pandemic. Members adjourned a videoconference after a first day of deliberations Monday ended without an agreement. They... Read More

Imperial Oil to write off up to $1.2 billion in Alberta natural gas assets

Imperial Oil to write off up to $1.2 billion in Alberta natural gas assets
CALGARY — Shares in Imperial Oil Ltd. were rising after it announced late Monday it would write down up to $1.2 billion on Canadian assets it doesn’t think it will ever develop. In a brief news release, it said it has reassessed the long-term development plans of its unconventional natural gas portfolio in Alberta and no longer plans to develop... Read More

China says probe sent to retrieve lunar rocks lands on moon

China says probe sent to retrieve lunar rocks lands on moon
BEIJING — A Chinese robot probe launched to return lunar rocks to Earth landed on the moon Tuesday, the government announced. The Chang’e 5 probe “successfully landed on the moon in the pre-selected landing area,” the official China News Service said, citing space officials. The one-sentence report gave no more details. The probe, launched Nov. 24 from the tropical southern... Read More

US construction spending jumps 1.3% in October

US construction spending jumps 1.3% in October
SILVER SPRING, Md. — U.S. construction spending jumped 1.3% in October, the fifth straight monthly increase, again on the strength of single-family home building. The October gain follows a strong upward revision to 0.5% in September, from a previous estimate of a 0.3% gain, the Commerce Department reported Tuesday. It’s the largest increase since a 2.8% jump in January, before... Read More

S&P/TSX composite surges higher in early trading, U.S. stock markets climb

S&P/TSX composite surges higher in early trading, U.S. stock markets climb
OTTAWA — Canada’s main stock index climbed more than 200 points in early trading, fuelled by a broad-based rally led by the financial, energy and metals and mining sectors. The S&P/TSX composite index was up 230.91 points at 17,421.16. In New York, the Dow Jones industrial average was up 262.49 points at 29,901.13. The S&P 500 index was up 30.53... Read More

Nasdaq seeks more diverse boards from listed companies

Nasdaq seeks more diverse boards from listed companies
Nasdaq is seeking U.S. authority to require more diversity in the board rooms of Nasdaq-listed companies. It is the first major exchange to pursue such a requirment. The proposal filed with the U.S. Securities and Exchange Commission on Tuesday, if approved, would require all companies listed on the exchange to publicly disclose consistent, transparent diversity statistics about their board of... Read More