Lundin Mining Cuts Dividend By 69% In Favor Of Share Buybacks
Lundin Mining (TSX: LUN) has cut its dividend for shareholders. The cut is part of a strategy change on providing returns to shareholders, with capital instead to be allocated to more share buybacks rather than the issuance of higher dividends. In connection with the policy changes, annual allocations to shareholder returns have been set at […]
Rescue Efforts Continue for Missing American Troops in Lithuania
A search and rescue operation continued in Lithuania on Wednesday for four US soldiers after their armored vehicle was found submerged at a training ground, the US Army said. “The M88 Hercules armored recovery vehicle the four missing US Soldiers were operating during a training exercise has been located in Lithuania,” the Army said in […]
Is There Trouble Brewing Between JD Vance and Elon Musk?
A viral audio clip suggesting tension between Vice President JD Vance and senior Trump advisor Elon Musk circulated on social media this week, but experts have now determined the recording is AI-generated. The audio, which began circulating Sunday on social media platforms, features what sounds like Vance saying, “He’s making us look bad. He’s making […]
China Unveils Technology That Could Sever 95% of Global Communications
China has unveiled a deep-sea cable-cutting device that defense analysts warn could pose significant risks to global undersea communications infrastructure, according to recently published research first reported by the South China Morning Post. The device, developed by the China Ship Scientific Research Centre (CSSRC) and its affiliated State Key Laboratory of Deep-sea Manned Vehicles, can […]
Carbon Tax: Canada’s CO2 Savings Equate To Just HOURS Of China’s Emissions
Canada’s greenhouse gas emissions have decreased since the implementation of the federal carbon tax in April 2019. Still, data suggests the policy’s global impact may be relatively small when compared to emissions trends of larger nations. Official data shows Canadian emissions fell from approximately 745 megatonnes (Mt) of CO2 equivalent in 2019 to around 680 […]
Scotiabank Forecasts Uranium Supply Deficit to Continue Through 2030
Scotiabank (TSX: BNS) projects the uranium market will remain in a structural deficit until 2030, according to a research note published on March 25. The brokerage estimates the shortfall will equal approximately 4.9% of annual demand over the coming years. This timeline extends their previous forecast by one year, highlighting continued challenges in ramping up […]
Trump’s Accelerated Copper Tariff Threat Sends Prices Soaring
Tension is building across global metals markets as the Trump administration moves to impose copper import tariffs in a matter of weeks, far ahead of earlier predictions. President Donald Trump directed the Commerce Department in February to investigate the feasibility of imposing tariffs on copper, with a 270-day window for action. However, people familiar with […]
Canada Scraps LMIA Points in Express Entry Shake-Up
Canadian immigration officials have announced the removal of Labor Market Impact Assessment (LMIA) points from the Express Entry program, meaning candidates in the pool will no longer receive additional credit for holding a job offer, regardless of whether it falls under the senior management category or any other skilled occupation. This change represents a noteworthy […]
Is RBC Quietly Letting Employees Go?
Unverified reports of layoffs at Royal Bank of Canada (TSX: RY) have emerged on social media, with some individuals claiming they received sudden termination calls. Comments on Reddit suggested that terminations were taking place at RBC Insurance. One user claimed, “I was laid off today after working at RBC Insurance for a little over two […]
GameStop Reports Upswing In Net Income Despite 28% Sales Drop
GameStop (NYSE: GME) posted its latest financial results for Q4 and fiscal year 2024, reporting quarterly net sales of $1.28 billion, down significantly from $1.79 billion in the same period last year. In the fourth quarter, gross profit margins expanded to 28.3% from 23.4% a year ago, suggesting tighter control over cost of sales. SG&A […]