Thermo Fisher Scientific Declares Quarterly Dividend

Global News
First Canadian commercial electric flight soars over Vancouver Island
History was made in Canada, as the country's first commercial electric flight took off from Vancouver Island. As Catherine Urquhart reports, a lucky flight school student got the opportunity of a lifetime.
South China Morning Post
Tech war: China's top memory chip maker YMTC sees rising domestic demand, defying US curbs
China's top memory chip maker, Yangtze Memory Technologies Corporation (YMTC), is seeing a surge in demand for its flash memory chips, which have become a top choice for local clients, particularly those working in government and military-related projects, as Beijing strives to cut reliance on foreign semiconductor products. Demand for locally manufactured components, from graphics processing units to flash memory chips, has been surging, as China embarks on an ambitious drive to expand computin
Reuters
Global airlines bet on India travel boom
Global airlines are launching new flights and expanding schedules in India, betting the South Asian giant will become one of the hottest travel markets over the next decade, airline officials and analysts say. India, among the fastest-growing major aviation markets, took centre stage at the industry's largest gathering of global airline CEOs and aircraft leasing companies in Dubai last week, with domestic and international air travel surging. The domestic air travel market in India is expected to double to 300 million passengers from a record 152 million in 2023, according to government data.
Reuters
EU pork industry faces 'nightmare' if China restricts imports
Europe's pork industry faces a "nightmare scenario" of lower prices and falling profitability if China restricts imports from the region, industry executives and analysts said on Friday. China imported $6 billion worth of pork, including offal, in 2023 and more than half came from the EU, Chinese customs data showed. Ending those orders would result in a huge loss of business for Europe's meat industry.
The Canadian Press
Coastal GasLink completes $7.15B bond offering, largest in corporate Canadian history
CALGARY — Calgary-based TC Energy Corp., the company behind the Coastal GasLink pipeline, says it has completed the largest corporate bond offering in Canadian history.
Fortune
Elon Musk’s prediction that Chinese carmakers would ‘demolish’ global rivals is coming true as they overtake U.S. competitors
The European Commission and the U.S. recently levied new tariffs on Chinese EVs.
Reuters
Oil dips, but posts weekly gain on solid 2024 demand outlook
NEW YORK (Reuters) -Oil futures prices settled slightly lower on Friday after a survey showed deteriorating U.S. consumer sentiment, but prices rose 4% for the week as investors weighed forecasts for solid demand for crude oil and fuel in 2024. Brent crude futures settled down 13 cents at $82.62 a barrel, while West Texas Intermediate (WTI) U.S. crude futures were down 17 cents at $78.54. Both benchmarks slipped after a survey showed U.S. consumer sentiment weakened in June to a seven-month low.
Reuters
US manufacturing group calls for stronger protection against Chinese imports
WASHINGTON (Reuters) -A policy group led by the United Steelworkers union and domestic manufacturers is calling for the U.S. to enact stronger trade barriers to Chinese imports after President Joe Biden imposed steep tariffs on Chinese electric vehicles, solar panels and other strategic goods. The Alliance for American Manufacturing (AAM) on Friday published a report on China's excess industrial capacity that echoes concerns raised by the Biden administration and U.S. allies in recent months, saying quick action was needed to stem a rising tide of cheap and subsidized exports that threatens U.S. jobs. The group called for the return of a long-expired import surge protection tool that was created when Beijing joined the World Trade Organization in 2001, the event that turned China into a global export powerhouse.
South China Morning Post
EU's tariffs may stall SAIC's exports of EV but do little to keep BYD at bay, analysts say
The European Union's proposed import tariffs on electric vehicles (EVs) will do little to keep Chinese brands at Europe's gate, as the most innovative and cost-effective assemblers like BYD can overcome any hurdle, analysts said. "The tariffs will only affect Chinese brands' exports to Europe in the near term," said Guotai Junan Securities analyst Wu Xiaofei. That is a relief for an industry that had been awaiting the EU's nine-month anti-subsidy investigation, which culminated this week in puni
Reuters
Canada's parliament grills bank CEOs on climate policy in rare meeting
The CEOs of Canada's big five banks on Thursday reassured members of parliament about their commitment to fighting climate change, but said reducing funding for fossil fuel extraction would take time and more works need to be done to reach net zero emissions. In a rare meeting, MPs grilled the heads of Royal Bank of Canada, TD Bank Bank of Montreal, Bank of Nova Scotia and CIBC appeared via videolink before a House of Commons committee to answer questions about any steps their banks are taking to help reduce greenhouse gas emissions and steer away from fossil fuel funding. Canadian banks, among the biggest oil and gas financiers in the world, have come under pressure over recent years with demands to change their lending practices that contribute to climate change.
South China Morning Post
Could China strangle Europe's weapons output with cotton?
This is the first in a four-part series about China's military development, from weapons and aircraft to its role in the global supply chain and how it compares with the United States. In early May, a chemical plant in China's central Hubei province exploded, killing three people. The culprit was nitrocellulose, a highly flammable material made from cotton. The plant belonged to Hubei Xuefei Chemical, China's second largest producer of nitrocellulose. And within days, the accident in Laohekou ci
The Canadian Press
Statistics Canada reports manufacturing sales up 1.1% at $70.8B in April
OTTAWA — Statistics Canada says manufacturing sales rose 1.1 per cent to $70.8 billion in April, helped by gains in sales of transportation equipment, primary metals and chemical products.
Bloomberg
Oil Posts Weekly Rebound From OPEC+ Dip as Fuels Show Strength
(Bloomberg) -- Oil posted the largest weekly gain since April after OPEC+ clarified its plan to return some output to the market and fuel markets showed signs of strength. Most Read from BloombergSouthwest Plane Plunged Within 400 Feet of Ocean Near HawaiiFlesh-Eating Bacteria That Can Kill in Two Days Spreads in JapanWells Fargo Fires Over a Dozen for ‘Simulation of Keyboard Activity’Yes, Everyone Really Is Sick a Lot More Often After CovidBeaches on Singapore’s Sentosa Island Hit By Oil SpillW
Yahoo Finance Canada
Canada must embrace AI or face 'major loss of prosperity': Desjardins
Current adoption among Canadian businesses ranks roughly in the middle of OECD countries, and tends toward larger companies in bigger cities.
Moneywise
South Florida condo owners are dumping their homes after getting slapped with six-figure special assessments
One real estate expert says, “this is just the beginning.”
Hello!
Maya Jama's 'no bra' t-shirt is a serious mood
The Love Island host just shared a series of comical pics to her Instagram. See photos
Hello!
Princess Anne struggles with unruly horse during Trooping the Colour – watch
Princess Anne had some difficulty taming her horse during the procession for the King's birthday parade, known as Trooping the Colour
Hello!
Prince William and Kate release emotional behind-the-scenes footage featuring tender moment with Princess Charlotte
Prince William and Kate Middleton have released an emotional behind-the-scenes video featuring tender family moment with Princess Charlotte, Prince Louis and Prince George...
People
Every Royal Who Appeared on the Buckingham Palace Balcony at Trooping the Colour — Including Kate Middleton!
The Princess of Wales returned to the Buckingham Palace balcony in her first appearance since sharing her cancer diagnosis
Hello!
Royal fans all say the same thing about Princess Kate's new photo
The Princess of Wales has shared a new photograph as she confirmed her upcoming appearance at Trooping the Colour

S&P/TSX

S&P 500

DOW

CAD/USD

CRUDE OIL

Bitcoin CAD

CMC Crypto 200

GOLD FUTURES

RUSSELL 2000

10-Yr Bond

NASDAQ

VOLATILITY

FTSE

NIKKEI 225

CAD/EUR

Thermo Fisher Scientific Declares Quarterly Dividend

Latest Stories

First Canadian commercial electric flight soars over Vancouver Island

Tech war: China's top memory chip maker YMTC sees rising domestic demand, defying US curbs

Global airlines bet on India travel boom

EU pork industry faces 'nightmare' if China restricts imports

Coastal GasLink completes $7.15B bond offering, largest in corporate Canadian history

Elon Musk’s prediction that Chinese carmakers would ‘demolish’ global rivals is coming true as they overtake U.S. competitors

Oil dips, but posts weekly gain on solid 2024 demand outlook

US manufacturing group calls for stronger protection against Chinese imports

EU's tariffs may stall SAIC's exports of EV but do little to keep BYD at bay, analysts say

Canada's parliament grills bank CEOs on climate policy in rare meeting

Could China strangle Europe's weapons output with cotton?

Statistics Canada reports manufacturing sales up 1.1% at $70.8B in April

Oil Posts Weekly Rebound From OPEC+ Dip as Fuels Show Strength

Canada must embrace AI or face 'major loss of prosperity': Desjardins

South Florida condo owners are dumping their homes after getting slapped with six-figure special assessments

Maya Jama's 'no bra' t-shirt is a serious mood

Princess Anne struggles with unruly horse during Trooping the Colour – watch

Prince William and Kate release emotional behind-the-scenes footage featuring tender moment with Princess Charlotte

Every Royal Who Appeared on the Buckingham Palace Balcony at Trooping the Colour — Including Kate Middleton!

Royal fans all say the same thing about Princess Kate's new photo