Strathcona Resources To Reject Cenovus Offer On MEG Energy, Intends To Increase Stake Further
Strathcona Resources (TSX: SCR) isn’t about to let a definitive agreement between MEG Energy (TSX: MEG) and Cenovus Energy (TSX: CVE) get in the way of their attempt to acquire MEG. Strathcona last night declared that, after talking with “fellow MEG shareholders over the past week,” they intend to continue their pursuit of the acquisition […]
Uranium Names Rally On Cameco 20% Guidance Cut
Cameco (TSX: CCO) has slashed its 2025 McArthur River/Key Lake forecast to 14–15 million U₃O₈ pounds (100% basis) from 18 million, a 3–4 million-pound cut that hit the tape after market. The company’s share, 69.8% basis, falls to 9.8–10.5 million pounds from 12.6 million pounds. Management pinned the downgrade on development delays and slower-than-expected ground […]
US Points To Private Actors As Denmark Summons Envoy Over Greenland Ops
Denmark summoned the top US diplomat in Copenhagen after reports that at least three Trump-linked Americans ran covert influence operations in Greenland. The foreign ministry said outside interference is “unacceptable.” Danish broadcaster DR’s report alleges one American compiled a list of “US-friendly” Greenlanders and tracked opponents while others cultivated political and business contacts. The broadcaster […]
Two-Thirds Of India’s Exports To US Set To Face Trump’s 50% Tariffs
The imposed 50% tariff on Indian goods by the US recently took effect: the 25% levy slapped on July 30 and another 25% a week later. Estimates say roughly two-thirds of exports are hit and India’s US shipments could fall around 42% by 2026. The new top rate covers gems and jewellery, garments, footwear, furniture […]
Portugal’s President Says Trump Is A “Russian Asset”
Portuguese President Marcelo Rebelo de Sousa has accused President Donald Trump of being “a Russian asset” in the Ukraine war, arguing Washington has favored Moscow in recent dealings. Speaking at the PSD Summer University, Rebelo de Sousa said in Portuguese, “the top leader of the world’s greatest superpower is, objectively, a Soviet—or Russian—asset. He functions […]
CIBC Sees 17% Net Income Jump In Q3 2025 Despite Higher Credit Loss Provision
CIBC (TSX: CM) reported Q3 2025 revenue of $7.25 billion, up 10% year over year from $7.02 billion. Non-interest expenses were $3.98 billion, up from $3.68 billion, reflecting higher technology and compensation spend. Provision for credit losses was $559 million, up from $483 million, with higher impaired provisions in Canadian Personal and Business Banking and […]
TD Bank’s Q3 2025 Earnings Swings To $3.34B From A Net Loss
TD Bank Group (TSX: TD) reported its Q3 2025 results, posting earnings of $3.34 billion, a swing from a $181 million loss. This translates to $1.89 earnings per share, up from a $0.14 loss per share. The swing was driven by an 8% increase in revenue to $15.30 billion from $14.18 billion last year. Net […]
Sweden Moves to End Uranium Mining Ban
Sweden will reverse its ban on uranium mining beginning in January 2026, Environment Minister Romina Pourmokhtari announced Wednesday, as the Scandinavian nation embarks on ambitious nuclear energy expansion plans. The country halted all uranium extraction activities in 2018 amid environmental and cost concerns under the previous Social Democratic administration. Pourmokhtari framed the decision in terms […]
Guanajuato Silver Posts Revenue Drop, Wider Loss, Lower Output In Q2 2025
Guanajuato Silver (TSXV: GSVR) filed their Q2 2025 results after Tuesday’s closing bell, reporting revenue at $18.5 million, a drop from last year’s $20.6 million. Production costs dropped from $16.2 million to $14.1 million this quarter, leading to mine operating income of $3.4 million, also a decline from $4.8 million last quarter. Inventory changes contributed […]
CDC Director Fired After Refusing to Resign, Senior Officials Quit in Protest
The Trump administration fired Centers for Disease Control and Prevention Director Susan Monarez on Wednesday after she refused to resign amid pressure to change vaccine policies, sparking the immediate resignation of at least four senior CDC officials and leaving the nation’s top public health agency in unprecedented turmoil. Monarez, who was sworn in just four […]