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Minnesota regulator approves certificate of need for Enbridge Line 3 project

The Minnesota Public Utilities Commission on Monday approved a certificate of need for Enbridge Inc's Line 3 oil replacement project, moving the long-delayed replacement closer to reality.



5 years ago

Enbridge Line 3 oil pipeline clears hurdles with Minnesota regulator

Enbridge Inc's Line 3 pipeline replacement cleared key hurdles on Monday, after a Minnesota regulator endorsed a revised environmental impact statement for the project.



5 years ago

Tesla up 20% after Panasonic posts first quarterly profit at battery business

Tesla Inc's stock surged 20% on Monday in its largest one-day gain since 2013, fueled by a quarterly profit at Panasonic's battery business with the U.S. car maker and an investor report predicting its shares would rise more than ten-fold by 2024.



5 years ago

Stocks rally as China markets reopen, dollar gains

The dollar strengthened and a gauge of global stocks jumped on Monday, lifted by an unexpected rebound in U.S. manufacturing that helped temper fears that caused stocks overnight in Asia to plunge on the potential impact of the coronavirus in China.



5 years ago

Alphabet shares fall as Google misses on sales, debuts YouTube revenue

Google-parent Alphabet Inc on Monday reported its worst fourth-quarter revenue growth since 2015, missing analysts' estimate for a period in which its top online advertising rivals beat expectations.



5 years ago

Huawei urges U.S. agency to drop national security risk designation

Huawei Technologies Co Ltd on Monday asked the Federal Communications Commission (FCC) not to finalize its designation of the China tech giant as a risk to U.S. national security, calling the effort "unlawful and misguided."



5 years ago

United Airlines suspending U.S.-bound mainland China flights a day earlier

United Airlines said on Monday it will move up its temporary suspension of U.S.-bound flights from mainland China by one day to Tuesday.



5 years ago

Huawei, ZTE urge U.S. not to impose national security risk labels

Huawei Technologies Co Ltd and ZTE Corp on Monday both asked the U.S. Federal Communications Commission (FCC) not to finalize its designation of the China tech giants as risks to U.S. national security.



5 years ago

Asia shares fragile amid China worries, oil sinks

A fragile calm gripped Asian shares on Tuesday as investors waited anxiously to see if Beijing could stem the rout in Chinese assets, while oil hit 13-month lows as the coronavirus throttled demand in the world's biggest importer of fuel.



5 years ago

Panasonic shares soar on profit at U.S. battery business with Tesla

Shares of Panasonic Corp jumped more than 8% in early Tuesday trade after the Japanese electronics conglomerate the previous day reported its first quarterly profit at its U.S. battery venture with Tesla Inc.



5 years ago

Compliance, clients to drive new tech

Investment Executive | Greg Dalgetty | Jan 31, 2020 Firms also can use technology to facilitate client onboarding and to make client reporting more engaging and interactive The Canadian Securities Administrators’ (CSA) revised client-focused reforms (CFRs), published last November, could give financial advisory firms a kick in the pants when it comes to implementing new

5 years ago

Alphabet shares fall as Google misses on sales, YouTube revenue disappoints

Alphabet Inc's new Chief Executive Sundar Pichai unveiled sales figures that investors have long demanded, but shares fell 5% as Google's advertising business and the new data about YouTube and Google Cloud broadly disappointed.



5 years ago

California lawmaker introduces bill to make PG&E a publicly owned utility

A California lawmaker has introduced a bill aimed at making PG&E Corp a publicly owned utility, a year after liabilities from wildfires traced back to some of its equipment pushed the power producer into bankruptcy.



5 years ago

Oil prices rebound from China virus slump amid ginger recovery across markets

Oil prices rose on Tuesday, matching moves in other financial markets as investors regained calm after Monday's sharp sell-off on fears of the impact of the China coronavirus on demand sent crude to its lowest level in more than a year.



5 years ago

Shares of AirAsia, AirAsia X fall after CEO, chairman step aside

Shares of budget airline AirAsia Group and its long-haul subsidiary, AirAsia X , fell in early trade on Tuesday after the group's CEO Tony Fernandes and Chairman Kamarudin Meranun said they would step aside for two months.



5 years ago