Category : Corporate News


Calgary Car Dealership Fraud Leads to Charges for Two

Calgary police have charged two people following an investigation into alleged fraudulent activities at a local car dealership, highlighting ongoing efforts to combat financial crime in the automotive sector.

MDA Space Stock Shines Amid TSX Decline, Energy Volatility

MDA Space Ltd. emerges as a top performer in the struggling TSX, with analysts highlighting growth catalysts. Scotia Capital identifies energy picks to navigate Iran conflict volatility, while Power Corp's selloff is reassessed.

Ontario Ticket Price Cap Enforcement Challenges

Experts warn that Ontario's new law capping ticket resale prices above face value may be difficult to enforce and could inadvertently drive fans toward unregulated informal markets, raising concerns about consumer protection and market dynamics.

Air Canada Foundation Names New Chair and Board Director

The Air Canada Foundation has announced Louise-Hélène Sénécal as its new Chair and Board Director, succeeding Priscille Leblanc after 13 years. New board members Maria Kuchel and Marcel Forget join, with 38 charities selected for grants this year.

Vatican Campaign Urges Divestment from Mining

The Vatican has initiated a global campaign encouraging financial divestment from mining industries, citing environmental and ethical concerns. This move aligns with Pope Francis's ongoing efforts to reform Vatican finances and promote ecological responsi

FedEx Stock Jumps 6% After Boosting Profit Forecast

FedEx shares surged over 6% pre-market after the delivery giant raised its full-year profit forecast, citing steady demand despite geopolitical tensions and high fuel costs. The company's Express segment performed strongly, offsetting freight softness.

Goldman Sachs: M&A Activity to Accelerate in 2026

Goldman Sachs forecasts a significant increase in mergers and acquisitions this year, driven by corporate cash reserves and strategic realignments, even amid ongoing global conflicts and market disruptions.

Unilever Food Business Sale Talks with McCormick Underway

Unilever confirms discussions with U.S. rival McCormick & Company regarding a potential sale of its food division, which includes Hellmann's and Knorr brands. The deal would combine these with McCormick's Cholula hot sauce amid shifting consumer trends.

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