Canfor reports $18.5M second-quarter loss, sales up from year ago

Canfor Corp. reported a loss of $18.5 million in its latest quarter compared with a loss of $202.8 million a year earlier.

EU lays out $11.4 billion for 7 AI gigafactories as it aims to catch up with U.S. and China

The European Union is offering 10 billion euros ($11.4 billion) in funding for firms to erect seven AI gigafactories as it ...

Loblaw reports Q2 profit of $751M, as revenue and sales up from a year ago

The company behind Loblaws and Shoppers Drug Mart says it had a profit attributable to common shareholders of $751 million or ...

U.S. refiner Valero posts highest quarterly profit since Russia’s invasion of Ukraine, beats estimates

Valero Energy Thursday reported its highest quarterly profit since Russia’s invasion of Ukraine in 2022 and beat Wall Street ...

Bombardier tops profit estimates, free cash flow turns positive on strong jet demand

Business jet makers are benefiting from strong demand, as a surge of wealth from AI startups and SpaceX SPCX.Ocreates new ...

Samsung reports record profit as South Korean chip giants benefit from global AI boom

South Korean technology giant Samsung Electronics on Thursday reported a record operating profit of 89.5 trillion won ($62 ...

Blue Owl’s second-quarter profit rises, AUM reaches $319 billion

Alternative asset manager Blue Owl posted a higher second-quarter profit on Thursday, driven by its fee-related earnings and ...

Yum posts solid results, cyclospora outbreak threatens Taco Bell momentum

Yum Brands posted better-than-expected quarterly profit and a rise in comparable sales on Thursday, amid concerns the growing ...

Toy company Spin Master reports US$29.7M Q2 profit, revenue up from year ago

Spin Master Corp. reported a second-quarter profit of US$29.7 million compared with a loss of US$46.5 million a year earlier ...

U.S. economy grows a sluggish 1.5% second-quarter with inflation remaining stubbornly high

The U.S. economy expanded at a sluggish 1.5 per cent pace from April through June as rising imports weighed on growth. But consumer spending rose. And the Federal Reserve’s favored measure of ...

'That's them investing more than they can afford to': Luria on Meta's free cash flow drop

Gil Luria, head of technology research at D.A. Davidson, joins BNN Bloomberg to discuss Meta and Microsoft's earnings.

'It's not an easy seat at the best of times': Tan on Fed Chair Warsh's position

Christine Tan, portfolio manager at SLGI Asset Management, joins BNN Bloomberg to discuss the markets following the Fed's ...