OPEC+ Meeting Highlights: Will Oil Production Cuts Extend Until March 2025?
OPEC+ Meeting in Focus: Will Oil Production Cuts Continue Through March 2025? Most Read: DXY’s (US Dollar Index) Rise Amidst Trump’s BRICS Warning and French Uncertainty Oil prices are holding steady near the $72.35 support level, staying in a 6-day period of little movement. OPEC+ meets on Thursday, and there’s a higher chance they will […]
November Jobs Report Could Unlock Insights for the Bank…
With the Canadian economy showing signs of slowing more than expected, all eyes are on the November jobs report, due Friday, for clues about the size of the Bank of Canada’s next interest rate cut. After a weak third-quarter GDP report, economists believe the jobs report could tip the scales between a moderate and aggressive […]
Financial Concerns Cloud Racing Industry Amid Ongoing Search for BHA CEO | The Levy
Finance fears overshadow racing as BHA’s chief executive search goes on | The Levy Brant Dunshea, the British Horseracing Authority’s chief regulatory officer, will take over as the Authority’s “acting” chief executive from 1 January as the search for a permanent replacement for Julie Harrington, the CEO since January 2021, continues, the sport’s governing body […]
Northern Star Achieves Global Gold Major Status through Hemi Acquisition
On Monday, Northern Star announced the friendly scrip takeover of De Grey, owner of the large undeveloped Hemi gold project in Western Australia’s Pilbara region. Managing director Stuart Tonkin said it was rare to be able to present such a compelling transaction. “It cements Northern Star’s position as a global gold leader,” he noted. “The […]
Whistleblower at Super Micro stands firm on allegations of being terminated for raising concerns about accounting practices at the tech giant valued at $20 billion
Super Micro whistleblower doubles down on claim he was fired for complaining about accounting practices at the $20 billion tech giant A former Super Micro Computer strategy director is pressing ahead with allegations the hardware manufacturer retaliated and ultimately fired him for reporting what he believed to be accounting improprieties and Securities and Exchange Commission […]
Why We Appreciate the Vanguard FTSE Developed Markets ETF
Vanguard FTSE Developed Markets ETF VEA has a market-cap-weighted portfolio that holds nearly all stocks in the developed international market. Its low fee and expansive portfolio make it one of the more appealing international-stock funds available. The fund tracks the FTSE Developed All Cap ex US Index. It targets small-, mid-, and large-cap stocks from […]
Alaska Energy Metals Extends Higher-Grade Core Zone
Alaska Energy Metals announced significant assay results from two drill holes (EZ-24-009 and EZ-24-010) in its 2024 Eureka resource expansion drill program at the Nikolai Project in Alaska. The results confirm a 600-meter extension of the higher-grade core zone. EZ-24-009 intersected 67.3 meters at 0.39% nickel equivalent (NiEq), while EZ-24-010 showed 72.5 meters at the […]
Electrovaya Receives Purchase Orders for Batteries from Fortune 500 Customer for Re-Powering Two Existing Distribution Centers
Electrovaya Inc. has secured a purchase order worth $4.1 million for lithium-ion batteries from a leading Fortune 500 retailer in the U.S. This order marks the beginning of the retailer’s fleet conversion strategy, with plans for four additional sites. Electrovaya’s batteries will power material handling electric vehicles in two existing warehouses. Dr. Jeremy Dang, Vice […]
Challenging Setbacks and a Proposed Emissions Cap Raise Concerns for Newfoundland and Labrador’s Oil Industry
Sobering setbacks and a proposed emissions cap raising concerns for N.L.’s oil sector The win column is starting to look a little bare for Newfoundland and Labrador’s oil and gas industry, and now the sector is facing more uncertainty as Ottawa proposes an emissions cap on production. “It’s getting more difficult to attract the attention […]
3 Investment Opportunities in the Electricity Grid Sector
The electrical grid is being heavily strained by a rebounding economy and artificial intelligence use. That’s creating demand for grid plays, according to Calamos Investments portfolio manager Tony Tursich, who specializes in sustainable equities. Electrification, as well as the shift away from carbon-generated electricity, is a long-term growth trend, Tursich says. Supply must increase to […]