Kraft Heinz Cuts Sales Forecast Amid Consumer Pressure
Food giant Kraft Heinz faces significant challenges as inflation-weary consumers pull back, forcing the company to lower its annual forecasts and rethink pricing strategies.
Category : Business
Vendasta names Mark Brodahl Chief Revenue Officer
Saskatoon-based SaaS leader Vendasta strengthens its executive team with industry veteran Mark Brodahl to drive worldwide revenue growth and market expansion strategies.
Major Gold Discovery in Quebec's Menarik West
Exploration partners Harfang Resources and SOQUEM strike significant gold mineralization in Quebec's Eeyou Istchee James Bay territory, revealing multiple high-grade veins that could reshape the region's mining potential.
Russia's Oil Exports Hold Steady Despite Sanctions
Despite sweeping new Western sanctions, Russia's crude oil exports show remarkable stability. Fresh analysis of global tanker movements reveals Moscow continues to find buyers, with export volumes holding steady in early 2024.
Caterpillar Earnings Soar on AI and Energy Demand
Caterpillar reports stellar Q1 2024 earnings driven by unprecedented demand from data centers and energy sectors, with AI infrastructure fueling industrial equipment sales.
Trump-Carney Clash Over Tariffs Threatens Canada
Former Bank of England Governor Mark Carney condemns Trump's tariff proposals as Canadian business leaders brace for economic fallout and trade disruption.
Coppernico Metals Expands Sombrero Project in Peru
Vancouver-based Coppernico Metals dramatically expands its footprint in Peru's prolific mining belt, securing additional concessions at the promising Sombrero project through strategic option agreements.
Allied Gold Reports Major Gold Discovery at Sadiola
Exciting exploration results from Allied Gold's Sadiola project reveal significant gold mineralization, positioning the site as a world-class gold system with tremendous potential for future development.
Revival Gold Strikes High-Grade: 3.0 g/t Over 21.1 Meters
Revival Gold announces exceptional high-grade gold intercepts at its Mercur Project in Idaho, including 3.0 g/t gold over 21.1 meters. The company is accelerating exploration with a fourth drill rig mobilized to the Beartrack-Arnett property, signaling st
Evergold Secures $350K for DEM Gold Drilling Program
Vancouver-based Evergold Corp. announces strategic $350,000 private placement with prominent investor CJ Greig, funding imminent drilling program at high-potential DEM gold prospect in British Columbia's Golden Triangle.
Bank of Canada Holds Rate at 5% Amid Inflation Fight
The Bank of Canada maintains its 5% overnight rate for the sixth consecutive meeting as inflation concerns persist. Discover what this means for mortgages, savings, and the Canadian economy.
Montreal Trails Other Major Cities in Economic Activity
New research shows Montreal trailing significantly in economic performance compared to other large North American urban centers, raising concerns about the city's competitive edge.
Canadian Steel Industry Pins Hopes on Budget Support
Canada's steel sector faces mounting challenges as it pins hopes on federal budget support, but industry experts warn domestic procurement mandates alone won't solve structural issues.
Ontario homeowners shocked by $20,000 water bills
Two Ontario residents face financial shock after receiving unprecedented water bills totaling nearly $20,000, raising concerns about municipal billing systems and consumer protection.
Liberty Gold Strikes High-Grade Gold in Idaho
Exciting new drill results reveal significant high-grade oxide gold mineralization at Liberty Gold's Black Pine Project in Idaho, highlighting the growing potential of this emerging gold district.
Osisko Strikes 592m of 0.33% Copper at Gaspé
Osisko Metals reports exceptional drill results from its Gaspé Copper Project, intersecting 592 metres of 0.33% copper mineralization, signaling major potential for Quebec's mining sector.
Zellers Revival: Canadian Retail Icon Returns
The beloved Canadian discount retailer Zellers is staging a major comeback with new owners, expanded locations, and a fresh approach to retail that blends nostalgia with modern shopping experiences.
Senate Blocks Trump's Brazil Tariffs in Bipartisan Vote
In a stunning bipartisan move, the U.S. Senate voted overwhelmingly to prevent President Trump from imposing steep tariffs on Brazilian steel and aluminum. This rare rebuke signals growing congressional pushback against presidential trade authority.
Trump's Asia Charm Offensive Sends Nikkei to Record High
Asian markets surge as former President Trump's diplomatic outreach sparks investor optimism, with Japan's Nikkei 225 reaching historic record levels amid renewed trade confidence.
Bank of Canada Holds Key Rate at 5%
The Bank of Canada maintains its overnight rate at 5% amid cooling inflation, offering cautious optimism for Canadian homeowners and borrowers. Get the latest economic forecasts and analysis.
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