China’s top offshore oil explorer, CNOOC Ltd, has applied for permission from Canadian energy regulators to export up to 24 million tonnes of LNG over a 25-year period along [...]
Despite Wally Weitz’s strong track record, the value investor has more recently decided to stockpile cash, with around 30% of his fund invested in cash and bonds. While value inves[...]
Barrick Gold Corp hinted that Peter Munk, the company’s founder and chairman, would likely depart from the board upon the annual meeting in 2014. Sources suggest the move is to hel[...]
Strategic hires and a slow-down in the Canadian bond market is putting Royal Bank of Canada on pace to become a top 10 firm in the U.S. junk bond market for the first time. RBC Cap[...]
Although asset allocations toward the emerging markets have increased, investors are tempering their optimistic outlook for the global economic recovery according to the Bank of Am[...]
The Middle East has long been the world’s largest energy producer. Their use of oil as a diplomatic weapon has caused many energy dependent countries, the United States espec[...]
Memories of the most recent financial crisis seem to have been subdued by Wall Street, with the focus being put back on high profits. However, the financial services conglomerate C[...]
An executive at Enbridge confirmed that the federal cabinet will make a decision on the proposed Northern Gateway pipeline over British Columbia, sometime in mid-2014. Vern Yu, Sen[...]
After President Barack Obama rejected a six-week extension of the debt ceiling and failed to consider lifting the US government shutdown, the Democratic and Republican Senate major[...]
This week marks the deadline to raise the U.S. debt ceiling. With the U.S. Congress still in negotiations, the consequences could be dire if the largest economy on earth can’[...]