Futures for Canada’s main stock index gained on Thursday, tracking higher prices of base and precious metals, while investors awaited domestic and U.S. economic data for any signs that could influence the central banks’ interest rates policy.
Henkel has agreed to acquire U.S.-based protective coating and sealing solutions firm Seal for Life Industries as it sees growing demand in repairing and maintenance, the German consumer goods company said on Thursday.
Nokia and Dell Technologies have agreed a partnership to help deploy so-called private 5G networks and adapt networks to the cloud, they said in a joint statement on Thursday.
U.S. stock index futures were subdued on Thursday with a slew of economic data reports on the radar, while investors looked ahead to commentary from central bank officials on the timing of the Federal Reserve’s first interest-rate cut.
Nvidia’s bet on smaller AI firms from healthcare companies Nano-X Imaging and Recursion to chipmaker Arm Holdings boosted their shares in premarket trading on Thursday.
Canadian oil and gas firm Cenovus Energy fell short of analysts’ estimates for quarterly profit on Thursday, weighed down by lower commodity prices and refined product pricing in the U.S.
Deere & Co cut its 2024 profit forecast on Thursday as farmers remained hesitant about big-ticket equipment purchases due to high borrowing rates and falling crop prices, even as its first-quarter sales and profits topped Wall Street estimates.
U.S. shoppers can easily track Amazon packages to their front door, but big railroad customers can’t see the real-time location of shipments of BMW luxury cars, fuel or fertilizer as they crisscross the country. A U.S. coalition of railroad executives and their customers are working to change that.
