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Driven by intense global demand linked to ongoing conflict in Iran, Canadian exports of finished petroleum products surged to an unprecedented 14.754 million barrels in April. This figure represents a 13.8% increase from March and a dramatic 70% climb compared to the same period last year, according to Statistics Canada.
The cost of essential raw materials for electric vehicle batteries remains under pressure, with lithium carbonate currently trading at 23,700 dollars per metric ton. These mid-price benchmarks, tracked weekly by Benchmark Mineral Intelligence, provide a snapshot of the volatile supply chain underpinning the global transition toward large-scale battery electrification.
A 10% jump in Brand Engagement Network shares underscored investor confidence Monday, pushing the stock to $17.17 as the firm finalized its $19.5 million acquisition of Munich-based software provider Cataneo. The move marks a dramatic climb for the AI company, which has seen its valuation increase sevenfold since January.
Facing global energy instability and domestic economic sluggishness, Prime Minister Mark Carney has signaled a decisive shift away from his predecessor’s climate agenda. He argues that prioritizing Canada’s vast oil and gas reserves is now essential to securing the nation’s economic future and maintaining internal political unity.
Alberta is set to unveil a proposal this Thursday for a new pipeline capable of transporting one million barrels of crude oil daily to the Pacific Coast. Premier Danielle Smith aims to leverage Prime Minister Mark Carney’s ambition to establish Canada as a global energy exporter reaching markets beyond the United States.
Micron Technology has committed $250 million to the Trump administration’s upcoming children’s investment accounts, marking the largest corporate contribution to the program to date. Set for a July 4 launch, the initiative aims to provide financial head starts for up to one million children across the United States.
With an overwhelming mandate from investors, Brink's Co. and NCR Atleos have cleared a critical hurdle in their $4 billion merger. The deal, which combines two global giants of the automated teller machine industry, aims to reshape the landscape of cash management and digital retail infrastructure by early 2027.
Sarepta Therapeutics shares climbed 5.4% to $17.93 in Tuesday trading, shaking off a 17% year-to-date decline after the FDA accepted supplemental applications for two Duchenne muscular dystrophy treatments. The agency set a target action date of February 28, 2027, for the drugmaker’s bid to secure traditional, non-accelerated approval.
Ares Management and Brooklyn Nets owner Joe Tsai have spearheaded a $100 million Series E funding round for the Premier Lacrosse League. The capital injection signals a high-stakes bet on the sport's commercial growth, with ESPN joining the roster of backers as a minority equity investor to amplify media distribution.
A $65 million capital injection will secure Empery Digital a 25% stake in a Midwest industrial facility slated for transformation into an AI-ready data center. The project leverages existing power infrastructure to meet the surging demand for high-performance computing capacity, marking a significant expansion for the firm.
A banking syndicate led by DNB Carnegie and Nordea has extended a $1.41 billion financing commitment to support Diana Shipping’s pursuit of rival drybulk operator Genco Shipping & Trading. This financial backing arrives as the bidder persists with an unsolicited acquisition attempt despite repeated rebuffs from Genco’s leadership.
Persistent export demand and refineries operating near their maximum capacity are expected to drive U.S. crude oil stockpiles lower for the tenth consecutive week. Analysts surveyed by The Wall Street Journal project a commercial draw of 3.1 million barrels for the week ending June 26, tightening domestic supply further.
Facing economic stagnation and volatile global markets, Prime Minister Mark Carney has signaled a decisive shift away from his predecessor’s environmental agenda. The government now seeks to prioritize the development of Canada’s vast oil and gas reserves, framing the move as a necessary step to secure long-term national stability.
The Food and Drug Administration has authorized Philip Morris International to market twenty Zyn nicotine pouch products with the specific claim that they pose lower risks than traditional cigarettes. This regulatory milestone marks the first time such modified risk orders have been extended to the category of nicotine pouches in the U.S.
Surpassing previous projections of a 50-cent-per-share loss, Allegiant Travel now anticipates adjusted earnings of at least $1.25 per share for the second quarter. The upward revision follows a combination of sustained consumer demand and a notable cooling of fuel expenses throughout the month of June.
Auburn Hills-based Phinia is set to acquire Stoba Group, a move designed to bolster its manufacturing footprint and integrate complex systems into its existing portfolio. The transaction, which remains subject to customary closing conditions, is scheduled to finalize during the fourth quarter of this year.
Cosmos Health is betting on its own valuation, authorizing a $5 million stock repurchase program that runs through the end of the year. The move targets roughly half of the healthcare company’s current market capitalization, signaling a sharp disconnect between current trading prices and internal growth projections.
Crude oil futures slipped toward midday Tuesday as tanker traffic through the Strait of Hormuz demonstrated signs of recovery. Traders are closely monitoring the latest round of U.S.-Iran peace talks in Doha, which remain clouded by internal political friction in Tehran and recent military activity in the region.
Shares of Candel Therapeutics climbed 8.4% to $11.23 on Tuesday following the company’s announcement of a pivotal Phase 3 trial for its lead lung-cancer candidate. The surge continues a year-long rally that has seen the stock price nearly double in value as investor confidence in the pipeline grows.
Quarterhill is acquiring Conduent’s tolling business in a $70 million cash deal, a move that sent the Toronto-based firm’s stock soaring 45% to 2.50 Canadian dollars. The transaction allows the intelligent transportation provider to significantly expand its footprint while Conduent pivots to streamline its core service portfolio.
With a $340 million cash payment, Great-West Lifeco is absorbing the retirement plan and benefits administration arm of Seattle-based Milliman. The deal brings 1.5 million new plan participants into the fold, pushing the total client assets under the company's Empower subsidiary to a pro forma $2 trillion.
SilverCape Investments has lowered its acquisition bid for PetMed Express to $3 per share, citing the online pharmacy's ongoing financial decline. The investment firm, which holds a 12% stake in the company, now demands a direct path toward taking the retailer private after months of stalled negotiations.
Sable Offshore shares took a 47% nosedive to $3.73 on Tuesday after the energy firm announced dual public offerings of common stock and convertible notes. The move, aimed at settling a significant debt obligation to Exxon Mobil, leaves the company’s stock down 59% since the start of the year.
Investors sent Nuvectis Pharma shares tumbling 34% on Tuesday to $18.91, a sharp reversal after the company priced its latest public offering at $20 per share. The move comes just one day after the biopharmaceutical firm hit a 52-week high of $29.28, effectively cooling a rally that had doubled the stock's value this year.
Investors sent Robo.ai shares tumbling 20% to $4.38 on Tuesday after the firm announced a $60 million deal to acquire QC Capital. The acquisition, to be settled entirely in newly issued Class B ordinary shares, deepens the company's commitment to artificial intelligence and venture-building operations.
Rémy Cointreau officially filed its 2025-26 Universal Registration Document with the French Financial Markets Authority on June 30, 2026. Registered under reference D.26-0496, the filing provides a comprehensive look at the group's annual financial performance and corporate governance as it pursues its goal of leading the luxury spirits market.
Amazon has agreed to pay $2.25 million in civil penalties to settle Federal Trade Commission allegations that the retail giant repeatedly denied identity theft victims access to critical transaction records, violating the Fair Credit Reporting Act by failing to provide required documentation within the mandated 30-day window.
Shares of ADF Group surged 17% to C$17.60 on Tuesday after the Canadian steel fabricator secured C$127 million in new U.S. contracts. The rally marks a sharp acceleration for the company, pushing its year-to-date gains to 91% as investors react to a robust expansion of its order backlog.
Alberta is set to unveil plans this Thursday for a massive pipeline capable of transporting one million barrels of crude oil daily to the Pacific Coast. Premier Danielle Smith aims to leverage federal interest in energy expansion, though the project faces significant hurdles regarding private-sector financing and stringent environmental requirements.
Following a 14% surge in stock price to $2.97, Rezolve Ai has secured shareholder authorization for a $300 million share repurchase program. The AI-commerce firm is now awaiting mandatory U.K. Court approval to begin buying back ordinary shares, a process expected to conclude by mid-September.