This prompted TD Cowen analyst Brian Morrison to hike his price target for the Aurora, Ont.-based company to $102.03 from $79.30. Shares of Magna closed Friday at $93.52. Morrison attributed the ...
The cyclical nature of the chip industry is baked into Nvidia’s valuation, which has compressed as revenue growth is expected ...
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Air Canada earnings beat expectations in the fourth quarter. The airline reported $296 million in net income, up from a loss of $644 million during the same period a year ago. Adjusted EBITDA rose ...
Heineken NV will cut about seven per cent of its workforce to contend with an industry-wide slump in beer demand triggered by rising prices and consumers moderating their alcohol consumption.
Replacing a ban on gas cars with strict new emissions standards sounds more sensible but will kill the auto industry just as ...
Agnico Eagle Mines Ltd. chief executive Ammar Al-Joundi said the gold producer is “very well-positioned” to pursue acquisitions should opportunities emerge, signalling a renewed openness to ...
The chief executive of Canada’s only battery gigafactory says he remains bullish on electric vehicle (EV) adoption in North America despite flagging sales in 2025. NextStar Energy Ltd. has already ...
A few years later, CCN has become Canada’s largest digital community focused on cybersecurity. It connects talent, businesses, educators and public institutions. It also translates practitioner‑led ...
This week’s major climate news played out on a split screen with the world’s two superpowers signalling different paths for the future. In the United States, the Environmental Protection Agency walked ...
OpenAI has partnered with two defence technology companies that the Pentagon has selected to compete to develop voice-controlled, drone swarming software for the United States military, according to ...
A federal subsidy program for EVs restarts on Monday and will pay up to $5,000 per new EV with a value of no more than $50,000. Chinese-made EVs, which could start arriving in Canada this year after ...
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