Oil Spike on Iran War Seen Boosting Canada’s Growth, Inflation
(Bloomberg) — A sustained rise in oil prices would lift Canada’s economic growth and inflation outlook, Bank of Nova Scotia says. Read More
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(Bloomberg) — A sustained rise in oil prices would lift Canada’s economic growth and inflation outlook, Bank of Nova Scotia says. Read More
The mining sector is at a “hinge moment” for Canada since critical mineral supply chains are being weaponized, says federal Energy and Natural Resources Minister Tim Hodgson. Read More
(Bloomberg) — Like clockwork, Wall Street strategists and investors are turning to a traditional playbook that says stock-market dips triggered by sudden geopolitical flareups are almost always good buying opportunities. Read More
(Bloomberg) — The turmoil unfolding in the Middle East is sparking the biggest disruption to oil and natural gas markets since Russia’s invasion of Ukraine in 2022. Qatar shut down the world’s largest liquefied natural gas export facility, Saudi Arabia suspended operations at its biggest oil refinery and tanker traffic through the crucial Strait of Hormuz has all but halted. Read More
CALGARY, Alberta — E3 LITHIUM LTD. (TSXV: ETL) (FSE: OW3) (OTCQX: EEMMF), “E3”, “E3 Lithium” or the “Company,” a leader in Canadian lithium development, has been conditionally approved for up to C$36.5 million of non-repayable funding through the Government of Canada’s Global Partnerships Initiative (GPI) (the “Funding”), to accelerate the development of its Clearwater Project. Read More
Apple Inc. unveiled the iPhone 17e, the latest version of its lower-end smartphone, and a faster version of the iPad Air, kicking off a wave of new products. Read More
(Bloomberg) — Generative AI is set to transform the way credit traders do their jobs, as the technology is well suited to handling the unstructured data produced by the asset class, according to JPMorgan Chase & Co.’s global head of credit trading. Read More
(Bloomberg) — US natural gas futures rose as much as 7.4% in sympathy with global gas prices, which have surged in response to renewed conflict in the Middle East and Qatar shutting liquefied natural gas production at the world’s largest LNG plant. Read More