Rosatom Wins Lead Role in $16.5B Kazakhstan Balkhash Plant
Russia and Kazakhstan inked a $16.5 billion agreement Thursday to build Central Asia’s first nuclear power plant, handing state nuclear giant Rosatom a construction mandate that has been two decades in the making. The deal was signed in Astana during Vladimir Putin’s official visit, where the Russian and Kazakhstani presidents also formalised a separate accord […]
U.S.-Iran Ceasefire MOU Agreed To In Principle As Trump Asks For More Time, Per Axios
U.S. and Iranian negotiators have agreed on the terms of a 60-day memorandum of understanding to extend the ceasefire and open direct talks on Iran’s weapons program. However the deal is sitting unsigned, Trump has asked for more time, and Tehran has not formally confirmed its acceptance, as reported by Axios. U.S. officials told Axios […]
CIBC Q2 2026 Profit Jumps 23% On Higher Revenue As PCL Freezes
CIBC (TSX: CM) posted a quarterly revenue of $8.0 billion, up from $7.0 billion a year earlier. On the bottomline, reported net income increased to $2.5 billion from $2.0 billion last year, translating to diluted earnings per share of $2.53. On adjusted basis, net income was $2.5 billion, up from $2.0 billion last year, translating […]
RBC’s 25% Earnings Jump In Q2 2026 Puts Credit Costs In Focus
Royal Bank of Canada (TSX: RY) delivered a sharply stronger second quarter from last year, reporting Q2 2026 net income of $5.5 billion, up from $4.4 billion last year. This translates to $3.85 earnings per diluted share. On adjusted basis, net income was $5.6 billion, up from $4.5 billion last year, translating to $3.90 earnings […]
TD Bank’s Q2 2026 Earnings Lift Overshadowed By Huge Income Drop
TD Bank (TSX: TD) reported a Q2 2026 net income of $4.25 billion, a huge fall from $11.13 billion a year earlier. However, on adjusted basis, net income increased to $4.17 billion from $3.63 billion last year, translating to $2.38 earnings per diluted share. Breaking it down, Canadian Personal and Commercial Banking remained the strongest […]
Cameco Restores Full Production at McArthur River and Key Lake After Flood Disruption
Cameco (TSX: CCO) has restored full output at its flagship uranium operation after spring flooding in northern Saskatchewan severed a key supply line, with the company confirming its annual production targets remain intact. The uranium producer said Wednesday that the Key Lake mill and McArthur River mine have returned to full production activities, capping a […]
Minera Alamos Greenlights Copperstone After PFS Pegs NPV at $537 Million
Minera Alamos (TSXV: MAI) has given its Copperstone gold project the green light, releasing a pre-feasibility study that paints the past producing Arizona asset as a high return, low capital build while approving construction the same day. Using a base case gold price of $3,500 per ounce, the study pegs Copperstone’s after-tax net present value […]
Crossroads Gold Closes Rox-ex Acquisition, Adds Pambula and Club Terrace to Australian Pipeline
Crossroads Gold Corp. (TSXV: CRG) has completed its acquisition of Rox-ex Pty Ltd., picking up a portfolio of gold and base-metal exploration ground in southeastern Australia and adding two new projects to its growing pipeline.
DOJ Opens Criminal Probe Into E. Jean Carroll Over Alleged Perjury in Trump Lawsuits
The Justice Department has launched a criminal investigation into E. Jean Carroll over whether she committed perjury in depositions tied to her two civil lawsuits against President Donald Trump, multiple sources familiar with the matter told CNN on Wednesday. The probe centers on a statement Carroll made in a 2022 videotaped deposition. When then-Trump attorney […]
LG Electronics in Talks to Sell TV Business to Hisense as Chinese Brands Overtake Korean Giants
LG Electronics held discussions with China’s Hisense about restructuring or selling its television business, Korean outlet EBN reported on Thursday, in a move that would end nearly 60 years of Korean TV manufacturing. LG’s TV leadership flew to Beijing for talks with Hisense’s senior management, where a full sale was among the options on the […]