Dorel Industries Will Hold a Conference Call to Discuss Its First Quarter Results

HuffPost
Congress To Vote On Repealing Rule That Would Save Americans $1.5 Billion A Year On Heating
The rule is the first major update to national standards for gas furnaces in four decades.
Bloomberg
China’s $10,000 EV Is Coming for Europe’s Carmakers
(Bloomberg) -- Cheap electric vehicles from China are already pushing into Europe, undercutting one of the region’s biggest industries. BYD Co., which overtook Tesla Inc. late last year as the biggest global EV maker, is about to raise the stakes.Most Read from BloombergThese Flight Routes Suffer the World’s Worst TurbulenceNvidia Delivers on AI Hype, Igniting $140 Billion Stock RallyCiti Trader Got 711 Warning Messages Before Sparking Flash CrashTech Up in Late Hours as Nvidia Emboldens AI Bull
Global News
Boeing anchors $415M 'innovation zone' in Quebec
Quebec is taking off as a world leader in the aerospace industry with a massive investment and introduction of a new innovation hub. Manufactuing giant Boeing is at the centre of it. Global's Brayden Jagger Haines brings us the latest from the $415-million announcement.
Reuters
Stellantis CEO: electric vehicle tariffs are a trap
MUNICH (Reuters) -Stellantis expects a major battle with Chinese rivals in the European market for electric vehicles, warning of significant consequences for jobs and production as a result, the group's Chief Executive Carlos Tavares said on Wednesday. The EU is expected to decide next month on whether to follow the U.S. in imposing additional tariffs on Chinese carmakers. Tavares said tariffs on Chinese vehicles imported to Europe and the United States are "a major trap for the countries that go on that path" and will not allow Western automakers to avoid restructuring to meet the challenge from lower cost Chinese manufacturers.
Insider Monkey
The Country with Lowest Car Ownership Rate in the World
In this article, we will take a look at the 30 countries with lowest car ownership rates in the world. If you are up for the challenge, you can see the 30 Countries with the lowest car rates in the world here. Car Ownership in the US: At a Glance On March 28, Forbes reported […]
The Canadian Press
Imperial starts production at new oilsands project using lower-emissions technology
CALGARY — Imperial Oil Ltd. says it has started production at its new Grand Rapids oilsands project located at its Cold Lake operating site.
Road & Track
BMW, VW, Jaguar Land Rover Named in Illegal Chinese Imports Crackdown
BMW, Jaguar Land Rover, and Volkswagen are implicated in a new Senate report over imports involving banned Chinese suppliers accused of forced labor.
Investing.com
Oil prices settle lower ahead of fresh update on US supplies
Investing.com-- Oil prices settled lower Tuesday as investors awaited fresh updates on weekly crude inventories amid ongoing worries about the impact of higher for longer U.S. interest rates on oil demand and uncertainty in the Middle East.
Simply Wall St.
Exploring TSX Dividend Stocks In May 2024
As the Canadian market mirrors favorable trends seen in the U.S., with moderating inflation and strong corporate earnings propelling stocks to new heights, investors are looking at a robust backdrop for exploring dividend-paying stocks on the TSX. In this environment, identifying stocks that offer sustainable dividends can be particularly appealing as they provide potential for steady income amidst ongoing economic growth and less restrictive monetary policies.
Bloomberg
Oil Retreats as Hawkish Fed Minutes Weigh Down Equity Markets
(Bloomberg) -- Oil fell after signs the Federal Reserve may hold interest rates higher for longer spurred a selloff in equities.Most Read from BloombergThese Flight Routes Suffer the World’s Worst TurbulenceNvidia Delivers on AI Hype, Igniting $140 Billion Stock RallyCiti Trader Got 711 Warning Messages Before Sparking Flash CrashTech Up in Late Hours as Nvidia Emboldens AI Bulls: Markets WrapWest Texas Intermediate tumbled by 1.4% to settle below $78 after the release of the Fed minutes that sh
Investing.com
Nvidia Asian suppliers cautiously advance as Q1 earnings loom
Investing.com-- Shares of NVIDIA's (NASDAQ:NVDA) Asian suppliers rose on Wednesday, as investors sought more cues on the artificial intelligence industry from the firm’s hotly anticipated first quarter earnings.
CNN Business
Nissan delays shift to EVs at Mississippi factory, postponing some new models
Nissan is postponing a push to build new electric vehicles at its Canton, Mississippi, factory as sales of EVs are now growing more slowly than many industry experts had expected.
Bloomberg
Natural Gas to Hit $3 by 2025 on AI Boom, Haynes and Boone Says
(Bloomberg) -- US natural gas is expected to reach the $3 mark as soon as next year as electricity-hungry data centers drive demand for the power-plant fuel, according to law firm Haynes and Boone LLP.Most Read from BloombergOne Dead After Singapore Air Flight Hit By Severe TurbulenceASML, TSMC Can Disable Chip Machines If China Invades TaiwanHims Debuts $199 Weight-Loss Shots at 85% Discount to Wegovy‘It Felt Like We Had Crashed,’ a Singapore Air Passenger RecallsTesla Shareholder Group Slams E
Bloomberg
Oil Nears 3-Month Low as US Report Points to Swelling Stockpiles
(Bloomberg) -- Oil extended losses after an industry report pointed to rising US crude inventories, adding to bearish signs for the market.Most Read from BloombergOne Dead After Singapore Air Flight Hit By Severe Turbulence‘It Felt Like We Had Crashed’: Singapore Air Passenger Describes Turbulence TerrorThese Flight Routes Suffer the World’s Worst TurbulenceBarclays Managers Warn Some Staff to Prepare for Five Days a Week in OfficeBrent traded around $82 a barrel, near its lowest in three months
Bloomberg
Oil Extends Decline for Fourth Session on Hawkish Fed Outlook
(Bloomberg) -- Oil extended losses after closing at the lowest level in three months on Wednesday on signs the Federal Reserve may hold interest rates higher for longer, which could weigh on energy demand.Most Read from BloombergThese Flight Routes Suffer the World’s Worst TurbulenceNvidia Delivers on AI Hype, Igniting $140 Billion Stock RallyCiti Trader Got 711 Warning Messages Before Sparking Flash CrashTech Up in Late Hours as Nvidia Emboldens AI Bulls: Markets WrapBrent fell for a fourth ses
Global News
Health Matters: Attacks on health workers in conflict zones reach highest level on record
A new report from the Safeguarding Health in Conflict coalition has found that last year attacks on health workers in conflict zones reached the highest level on record. Amandalina Letterio has more on the cause of the increase in Health Matters for May 22, 2024.
Reuters
Schneider Electric ends deal talks with Bentley Systems
(Reuters) -Schneider Electric said on Wednesday that its talks with U.S. engineering software maker Bentley Systems regarding a potential "strategic transaction" have ended. "Those discussions are now mutually terminated and no transaction was agreed upon," Schneider said in a statement. Bentley's shares fell more than 5% on the news, giving the company a market value of $16 billion.
CBC
Philanthropist who gave $30M to U Manitoba condemns 'hateful' valedictory speech, university for allowing it
The philanthropist behind the University of Manitoba's largest-ever personal donation — $30 million — has denounced a speech made by a valedictorian for medicine grads and admonished the university for letting it happen.In a letter dated Monday, Ernest Rady says he was hurt and appalled by the remarks by valedictorian Gem Newman at the May 16 convocation for students from the Max Rady College of Medicine. The school was renamed in honour of Rady's father after the 2016 donation."Newman's speech
Reuters
Israel releases film of women soldiers being taken by Hamas on Oct. 7
JERUSALEM (Reuters) -Israeli television aired previously withheld footage on Wednesday of five pyjama-clad female army conscripts being seized by Hamas gunmen during the Oct. 7 raid that triggered the Gaza war. The captives' families hoped the footage would increase pressure on Prime Minister Benjamin Netanyahu to agree a truce with Hamas and secure the hostages' release. "I have friends in Palestine," one of the conscripts, 19-year-old Naama Levy, pleads in English.
InStyle
King Charles Is Allegedly "Angrier" Than Ever Over Meghan Markle and Prince Harry's Nigeria Trip
The "nightmare situation" reportedly “confirmed their worst fears.”

CONFERENCE CALL:
OPEN TO:	Analysts, investors and all interested parties
DATE:	Friday, May 10, 2024
TIME:	1:00 PM Eastern Time
CALL:	1-800-319-4610

S&P/TSX

S&P 500

DOW

CAD/USD

CRUDE OIL

Bitcoin CAD

CMC Crypto 200

GOLD FUTURES

RUSSELL 2000

10-Yr Bond

NASDAQ futures

VOLATILITY

FTSE

NIKKEI 225

CAD/EUR

Dorel Industries Will Hold a Conference Call to Discuss Its First Quarter Results

Latest Stories

Congress To Vote On Repealing Rule That Would Save Americans $1.5 Billion A Year On Heating

China’s $10,000 EV Is Coming for Europe’s Carmakers

Boeing anchors $415M 'innovation zone' in Quebec

Stellantis CEO: electric vehicle tariffs are a trap

The Country with Lowest Car Ownership Rate in the World

Imperial starts production at new oilsands project using lower-emissions technology

BMW, VW, Jaguar Land Rover Named in Illegal Chinese Imports Crackdown

Oil prices settle lower ahead of fresh update on US supplies

Exploring TSX Dividend Stocks In May 2024

Oil Retreats as Hawkish Fed Minutes Weigh Down Equity Markets

Nvidia Asian suppliers cautiously advance as Q1 earnings loom

Nissan delays shift to EVs at Mississippi factory, postponing some new models

Natural Gas to Hit $3 by 2025 on AI Boom, Haynes and Boone Says

Oil Nears 3-Month Low as US Report Points to Swelling Stockpiles

Oil Extends Decline for Fourth Session on Hawkish Fed Outlook

Health Matters: Attacks on health workers in conflict zones reach highest level on record

Schneider Electric ends deal talks with Bentley Systems

Philanthropist who gave $30M to U Manitoba condemns 'hateful' valedictory speech, university for allowing it

Israel releases film of women soldiers being taken by Hamas on Oct. 7

King Charles Is Allegedly "Angrier" Than Ever Over Meghan Markle and Prince Harry's Nigeria Trip