Category : Corporate News


eXp World Holdings Reports 2025 Financial Results

eXp World Holdings announced its fourth quarter and full-year 2025 financial results, revealing revenue growth and strategic expansions despite a net loss. The company highlighted AI integration and global expansion as key drivers for future profitability

John Risley Sold Art, Planes Amid Loan Interest Crisis

Court filings show Newfoundland seafood tycoon John Risley liquidated personal assets, including art and aircraft, as interest on a significant loan escalated, highlighting financial pressures in the business sector.

B.C. Business Leaders Urge Scrapping PST Expansion

Business leaders in British Columbia are calling on the provincial government to abandon plans to expand the Provincial Sales Tax, citing concerns over economic competitiveness and consumer burden.

Apotex Seeks $1 Billion IPO in Toronto Market

Canadian generic drug giant Apotex plans a major IPO in Toronto, potentially raising up to $1 billion in the first half of the year, marking a significant move amid a resurgence in Canadian public offerings.

Home Depot Reaffirms Forecasts on Pro Customer Demand

Home Depot has reaffirmed its annual financial forecasts, citing sustained demand from professional customers as a key driver. The home improvement retailer's outlook remains steady despite broader economic uncertainties.

Loblaw $2.4B Investment: 70 New Stores in 2026

Loblaw Cos. Ltd. reveals a $2.4 billion investment plan for 2026, featuring 70 new stores and renovations, as part of its $10 billion five-year strategy to boost the Canadian economy.

Passive Investments Inflate Company Valuations: Strategist

Michael Green, chief investment strategist at Simplify Asset Management, highlights the market risks posed by the surge in passive investing, which he argues artificially inflates company valuations and could lead to instability.

PayPal Takeover Interest After Stock Slump

PayPal Holdings Inc. is drawing acquisition interest from potential buyers after its stock value dropped nearly 50%, with shares surging on the news as the company faces modernization challenges.

DJ Gets 4+ Years for Selling Fake Jet-Engine Parts

A former aircraft-parts trader was sentenced to four years and eight months in prison for selling falsified components to airlines worldwide, causing nearly £40 million in damages and forcing costly engine repairs.

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