Canada Signs $3-Billion Support For Nuclear… In Romania
Canada and Romania have inked a significant $3-billion export development deal in which two state-of-the-art nuclear reactors will be constructed in Romania, a move intended to curb Russia’s ability to wield its energy exports as a geopolitical weapon. Romanian Energy Minister, Sebastian Burduja, emphasized the paramount importance of this deal during a press conference held […]
Diplomatic Strain Intensifies: India Halts Visa Processing for Canadian Nationals
In a significant diplomatic turn, the Indian government has indefinitely suspended visa services for Canadian nationals, citing “security reasons.” This comes amid escalating tensions between the two countries, intensified by Canadian Prime Minister Justin Trudeau’s accusations of India’s involvement in the assassination of a Sikh separatist. A spokesperson from India’s foreign ministry explained that the […]
Pipestone Energy Faces Resistance From Shareholders In Strathcona Resources Acquisition Deal
GMT Capital, the second-largest shareholder of Pipestone Energy Corp (TSX: PIPE), has already announced its intention to vote against a proposed all-stock deal by Strathcona Resources, its larger rival, citing undervaluation of the company. Strathcona, a Canadian oil producer, unveiled its plan to go public by acquiring Pipestone, resulting in the creation of a merged […]
Writers Strike Poised To End; Hollywood Studios, Writers Guild Near Agreement
Writers and producers are nearing an agreement to end the Writers Guild of America strike, after meeting face-to-face on Wednesday. Both sides hope to finalize a deal on Thursday. The strike, which has lasted more than 100 days, has halted production of many high-profile TV shows and movies. The writers’ union has been pushing for […]
Rupert Murdoch Announces Departure as Chairman from Fox and News Corp
Powerful billionaire Rupert Murdoch is stepping down from his position as chair of both Fox and News Corp, marking a significant shift that’s ending his longstanding leadership in the global media realm. Taking over the reins is his eldest son Lachlan Murdoch, whom, starting from mid-November, will serve as the sole chair of News Corp […]
Cielo Waste Solutions To Acquire Waste To Fuel Assets For $45 Million In Stock, Proposes Share Consolidation
After a multi-day trading halt, Cielo Waste Solutions (TSXV: CMC) has announced an asset purchase agreement to acquire certain assets and liabilities of Expander Energy, referred to as the EBTL and BGTL technologies. The purchase is said to accelerate the timeline of commercialization of Cielo’s proprietary thermal catalytic depolymerization tech. Total consideration is said to […]
Magna Mining Hits 7 Metres Of 4.2% Nickel
Magna Mining (TSXV: NICU) has released further assays from its ongoing drill program at its Crean Hill property. Recent drill results come from the 105 Footwall zone, where the company continues to hit nickel mineralization. Highlights from results include: MCR-23-040: 4.2% nickel, 0.9% copper, 1.4 g/t platinum, palladium, and gold over 7.0 metres MCR-23-046: 0.2% […]
RBC Cuts Jobs Across Capital Markets Desks
Despite Royal Bank of Canada (TSX: RY), the nation’s largest bank, recently exceeded analysts’ expectations for its third-quarter results, it was revealed yesterday that layoffs had begun across its Capital Markets desks. The decision followed RBC CEO Dave McKay’s announcement in May that the bank would scale back its hiring efforts after unintentionally expanding its […]
Coinmarketcap: “What Happens When A Binance Website Posts About Crypto Exchange Going Bankrupt?”
Crypto website Coinmarketcap curiously posted a story on its site with the title: “What Happens When a Crypto Exchange Goes Bankrupt?” It would’ve been a normal thing to scroll over one’s social media feed, until one realizes that Coinmarketcap is owned by the embattled crypto exchange Binance. There are multiple speculations about Binance’s financial standing, […]
Toronto Wants All Uber, Lyft and Taxi Cars To Be Zero-Emission by 2031
If Toronto’s City Hall has its way, your next Uber, Lyft, or taxi in 2031 might just be a silent, zero-emission ride. The city’s Economic and Community Development Committee is set to discuss this significant pivot toward sustainability, after which they’ll decide if it should be tabled as a motion for the city council’s upcoming […]