China Plans to Expand Shanghai Gold Exchange Internationally
China’s central bank and three other government departments have unveiled an ambitious plan to enhance Shanghai’s role in global finance, according to a report from Jinshi Data on April 21. The People’s Bank of China, along with its partner agencies, released the “Action Plan for Further Enhancing Cross-border Financial Service Facilitation in the Shanghai International […]
OpenAI Would Consider Chrome Purchase If Google Forced To Sell
OpenAI would pursue acquiring Google‘s Chrome browser if a court mandates its divestiture as part of antitrust remedies, ChatGPT chief Nick Turley said during testimony on Tuesday. “Yes, we would, as would many other parties,” Turley told the court when questioned about potential interest in purchasing Chrome. Turley appeared as a witness in a Justice […]
Putin Signals Possible Freeze of Ukraine Conflict, FT reports
Russian President Vladimir Putin has indicated willingness to consider freezing military operations along current front lines in Ukraine, the Financial Times reported on Tuesday, citing sources familiar with diplomatic negotiations. The potential shift in Russia’s stance emerged during talks with US Special Envoy Steve Witkoff in St. Petersburg, according to the newspaper. When asked about […]
BMO Ends Partnership with Cathie Wood’s ARK Investment, Shutters Funds
Bank of Montreal (TSX: BMO) is terminating its partnership with Cathie Wood’s ARK Investment Management and closing all six associated funds, according to a regulatory filing last week. The Canadian bank will delist three mutual funds and their exchange-traded fund versions from the Cboe Canada exchange on July 7. Investors can continue trading units until […]
Conservatives Pledge to Restore News on Facebook, Repeal Media Law
The Conservative Party has promised to roll back legislation that led Meta Platforms to block news content on Facebook and Instagram in the country. The Conservatives said they would introduce a Freedom of Speech Act to repeal Bill C-18, the Online News Act, which requires tech giants to pay Canadian news publishers for content shared […]
Conservatives Promise Leaner Canada Still Racked With Deficits
The Conservative Party of Canada has released its 2025 election platform, pledging over $54 billion in spending cuts and revenue measures. Validated by two former senior economic officials—Philip Cross and Dr. Tim Sargent—the platform outlines a sharp pivot from Liberal fiscal policy, yet also stops short of balancing the budget within four years. Central to […]
Rogers Q1 2025: Adjusted Net Income Rises To $543 Million
Rogers Communications (TSX: RCI.B) reported its Q1 2025 earnings, toplined by a slight revenue jump to $4.98 billion from $4.90 billion a year earlier, largely driven by media gains rather than core telecommunications. Wireless service revenue—traditionally Rogers’ growth engine—eked out a 2% rise to $2.03 billion, while Cable revenue fell 1% to $1.94 billion. Notably, […]
Tesla Q1 2025: Worst Quarter Since 2020
Tesla (NASDAQ: TSLA) has posted its most sobering quarterly results in recent history, revealing the cost of eroding demand, geopolitical headwinds, and an increasingly distracted CEO. Total revenue declined 9% year-over-year to $19.34 billion, missing Wall Street’s $21.1 billion estimate by a wide margin. Automotive revenue, which remains the core of Tesla’s business, collapsed by […]
Silvercorp Budgets $240.5 Million For The Construction Of El Domo Copper-Gold Project
Silvercorp Metals (TSX: SVM) has released its plans for the construction of the El Domo project in Ecuador, which it obtained via the acquisition of Adventus Mining last year. Production at the project is expected to commence by the end of 2026. Silvercorp has set a budget of $240.5 million for the construction of the […]
IsoEnergy Completes 17 Hole Drill Program At Larocque East
IsoEnergy Ltd (TSX: ISO) is expecting to expand the footprint of its Hurricane deposit following the completion of a 17 hole drill program at the Larocque East Project in the eastern portion of the Athabasca Basin. The drill program, which saw 6,396 metres of drilling conducted, is said to have hit strongly elevated radioactivity at […]