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Showing posts from October, 2021

U.S. Senator Sanders working to get prescription drug price provision in social spending bill

U.S. Senator Bernie Sanders was working on getting a provision to lower prescription drug prices into the $1.75 trillion social spending bill pending in the U.S. Congress before a vote by the House of Representatives, with President Joe Biden expressing optimism the bill will come up for a vote this week. Read More from Financial Post https://ift.tt/2ZE506x

U.S., EU end Trump-era tariff war over steel and aluminum

WASHINGTON/ROME -- The United States and European Union have agreed to end a festering dispute over U.S. steel and aluminum tariffs imposed by former President Donald Trump in 2018, removing an irritant in transatlantic relations and averting a spike in EU retaliatory tariffs, U.S. officials said on Saturday. Read More from Financial Post https://ift.tt/3mw2Bn2

U.S., EU end Trump-era tariff war over steel and aluminum

WASHINGTON/ROME -- The United States and European Union have agreed to end a festering dispute over U.S. steel and aluminum tariffs imposed by former President Donald Trump in 2018, removing an irritant in transatlantic relations and averting a spike in EU retaliatory tariffs, U.S. officials said on Saturday. Read More from Financial Post https://ift.tt/3mrfGxN

U.S., EU end tariff war over steel, aluminum, focus on Chinese overcapacity

WASHINGTON -- The United States and the European Union have agreed to resolve their long-running trade dispute over U.S. steel and aluminum tariffs, averting a spike in EU retaliatory tariffs on U.S. motorcycles, bourbon and other products, U.S. Commerce Secretary Gina Raimondo said on Saturday. Read More from Financial Post https://ift.tt/3mtyoVp

U.S., EU agree to resolve Trump-era steel, aluminum tariffs, sources say

WASHINGTON/ROME -- The United States and European Union are expected this weekend to announce a deal to resolve a dispute over U.S. steel and aluminum tariffs imposed in 2018 by former President Donald Trump, easing a major transatlantic trade irritant, six people familiar with the agreement said. Read More from Financial Post https://ift.tt/3GupnU2

Equitas SFB net declines 60% on higher provisioning

PN Vasudevan, MD & CEO, said, “With no lockdowns and spread of virus largely under control, the bank saw an improved performance. While the overall GNPA remained steady compared to the first quarter, there was improved collection efficiency, leading to reduction in overdue cases between one and 90 days.” from The Financial Express https://ift.tt/3GwfuVY

Tata Steel, Tata Power join hands to develop 41 MW solar project in Jharkhand, Odisha

The estimated energy generation through 41.19MWp solar project is 6, 02, 80,095 kWh for the first year. During its lifetime of 25 years, the total energy generation would be 1,40,93,61,488 kWh. The project will help save 45,210 tonne of CO2 per year and 10,57,021 tonne in 25 years. from The Financial Express https://ift.tt/3EkPtHk

Canada not expected to surprise at COP26 after shocking environment minister appointment

CALGARY — Ottawa surprised the country’s natural resources industry with the appointment of a former Greenpeace activist as Canada's new environment minister this week, but experts don’t expect additional surprises as the global COP26 climate conference begins in Glasgow this weekend. Read More from Financial Post https://ift.tt/3jRV2Fc

Canadian startup dotmobile™ responds to Competition Bureau call for comments on Rogers-Shaw merger

Canadian startup dotmobile™ has submitted today its comments on the Rogers-Shaw deal , asking the Competition Bureau to consider service-based remedies to the merger. Specifically, they recommend granting one or more Full MVNOs wholesale access to the Rogers network, arguing that it is the best long-term remedy that will increase competition levels and provide Canadians everywhere with more affordable connectivity. Read More from Financial Post https://ift.tt/3BtwMiS

U.S. lawmaker to issue subpoenas to oil firms for documents on climate

WASHINGTON -- U.S. Representative Carolyn Maloney said on Thursday she intends to issue subpoenas to four major oil companies for documents on what their internal scientists have said about climate change and any funding they are doing to mislead the public on global warming. Read More from Financial Post https://ift.tt/3pHsMsO

Monument Mining Announces Results of Annual General Meeting of Shareholders

VANCOUVER, British Columbia, Oct. 28, 2021 (GLOBE NEWSWIRE) -- Monument Mining Limited (TSX-V: MMY and FSE: D7Q1) (“ Monument ” or the “ Company ”) is pleased to announce the results from its Annual General Meeting of shareholders held on October 28, 2021 in Vancouver, B.C. Read More from Financial Post https://ift.tt/3BtNQ89

Key Collaboration to Advance CCS Opportunities in Canada

Regina, SK, Oct. 28, 2021 (GLOBE NEWSWIRE) -- With a shared vision to see Canadian industry well supported in advancing their goals to significantly reduce industrial emissions through the application of large-scale carbon capture and storage (CCS/CCUS), MLT Aikins LLP and the International CCS Knowledge Centre (Knowledge Centre) have signed a collaboration agreement. Through this relationship, MLT Aikins and the Knowledge Centre will identify and pursue joint opportunities to assist industry leaders in advancing their understanding of CCS projects, both from a technical and legal/regulatory perspective. Read More from Financial Post https://ift.tt/3bmUhQ6

Facebook changes its company name to Meta

Facebook Inc said on Thursday it would rebrand as Meta, a name change that comes as the company battles criticisms from lawmakers and regulators over its market power, its algorithmic decisions and the policing of abuses on its platforms. Read More from Financial Post https://ift.tt/3nGxxzY

Facebook changes its company name to Meta

Facebook Inc said on Thursday it would rebrand as Meta, a name change that comes as the company battles criticisms from lawmakers and regulators over its market power, its algorithmic decisions and the policing of abuses on its platforms. Read More from Financial Post https://ift.tt/2XV8oZN

The Canadian Vaping Association extends its congratulations to the new and returning federal Cabinet

Beamsville, ON, Oct. 28, 2021 (GLOBE NEWSWIRE) -- The Canadian Vaping Association (CVA) would like to congratulate the returning and newly appointed Cabinet members of the federal government. The CVA extends its best wishes, as Cabinet prepares to take on the responsibilities and challenges ahead. Read More from Financial Post https://ift.tt/3CoTXfz

Facebook changes its name to Meta

Facebook Inc said on Thursday it would rebrand as Meta, a name change that comes as the company battles criticisms from lawmakers and regulators over its market power, its algorithmic decisions and the policing of abuses on its platforms. (Reporting by Elizabeth Culliford in New York and Sheila Dang in Dallas Editing by Matthew Lewis) Read More from Financial Post https://ift.tt/3GtEwVH

Algoma and Triple M Metal Establish Metals Sourcing Joint Venture

SAULT STE. MARIE, Ontario, Oct. 27, 2021 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (“Algoma”) (NASDAQ: ASTL; TSX: ASTL), a leading Canadian producer of hot and cold rolled steel sheet and plate products, today announced that it has entered into a joint venture with Triple M Metal LP (“Triple M”), one of North America’s largest privately-owned ferrous and non-ferrous metal recycling companies, establishing a jointly owned company known as ATM Metals Inc. The new entity will source prime scrap metal and other iron units to meet Algoma’s business needs, including in connection with its potential transformation to electric arc steelmaking. Read More from Financial Post https://ift.tt/3mm7WwW

Osisko Announces Purchase of Royalties From Barrick

MONTREAL, Oct. 27, 2021 (GLOBE NEWSWIRE) -- Osisko Gold Royalties Ltd (“ Osisko ” or the “ Corporation ”) (OR: TSX & NYSE) is pleased to announce that it has concluded a transaction with Barrick TZ Limited, a subsidiary of Barrick Gold Corporation (“ Barrick ”), to acquire the following royalties for total cash consideration of US$11,750,000: Read More from Financial Post https://ift.tt/3Ekgzyg

IBC Advanced Alloys Reports Financial Results for the Year and Quarter Ended June 30, 2021

“Revenue continues to strengthen across both divisions, as demand grows for products made by both our Copper Alloy and Engineered Materials divisions,” said IBC CEO and Chairman Mark A. Smith. “Demand from the semiconductor equipment manufacturing industry for our precision cast beryllium-aluminum products continues to rise, and we see that as a relatively long-term trend. On the Copper Alloys side of the business, we very much look forward to seeing our new casting facility come online and ramp up production in 2022, which will allow us to expand production capacity, lower unit costs of production, and potentially expand into new markets.” Read More from Financial Post https://ift.tt/3vRubxN

Vista Gold Corp. Reports Third Quarter Cash of $16.0 Million and Definitive Feasibility Study Progress

DENVER -- Vista Gold Corp. (NYSE American and TSX: VGZ) (“Vista” or the “Company”) today announced its unaudited financial results for the quarter ended September 30, 2021, which were highlighted by reported cash of $16.0 million and substantial progress toward completion of the Definitive Feasibility Study (“DFS”) for Vista’s 100% owned Mt Todd gold project (“Mt Todd” or the “Project”). All dollar amounts in this press release are in U.S. dollars. Read More from Financial Post https://ift.tt/3Gt2sZn

U.S. consumer watchdog lays out ambitious agenda on Big Tech, lending competition

WASHINGTON -- Chief consumer finance watchdog Rohit Chopra told U.S. lawmakers on Wednesday his agency will investigate Big Tech's impact on the flow of money in the economy as leading technology firms use real-time consumer payments systems that collect huge amounts of personal data. Read More from Financial Post https://ift.tt/3nz4HSn

Global leaders in technology converge in Canada’s largest technology park for the official opening of Hub350

Anchor partners at Hub350 include TELUS, RBC, Salesforce, Education City and world-leading post-secondary institutions including University of Ottawa, Carleton University, Algonquin College and Queen’s University. Hub350 will enable access to partnerships that form the foundational elements of growing local businesses and Ottawa’s economy. Read More from Financial Post https://ift.tt/3beWCMD

Investigation into infamous bread price-fixing scheme isn’t finished, competition watchdog says

The case against a group of grocery chains and commercial bakeries that allegedly fixed the price of bread in Canada for at least 14 years hasn't resulted in any charges yet, but the federal competition watchdog said it's still an active investigation. Read More from Financial Post https://ift.tt/2Zs6Tm6

Edward Rogers says Rogers Communications board members had concerns about Joe Natale’s leadership

Read More from Financial Post https://ift.tt/3CiafXj

NATIONAL JUNETEENTH MUSEUM LAUNCHES IN TEXAS WITH THE GRANDMOTHER OF JUNETEENTH, MS. OPAL LEE AT THE HELM

Fort Worth, TX, Oct. 26, 2021 (GLOBE NEWSWIRE) -- Unity Unlimited announced that Sable Brands LLC plans to build the National Juneteenth Museum in Fort Worth, TX as part of a mixed-use development that will help revitalize the city’s Historic Southside neighborhood. Declared a federal holiday on June 17, 2021 when President Joe Biden signed the law with Ms. Opal Lee by his side, Juneteenth, or, “the 19th of June” has sparked celebrations worldwide. The gravity of Juneteenth commemorates freedom for the enslaved via the abolition of slavery in the United States. Read More from Financial Post https://ift.tt/3BhpXAP

Titanium Transportation Group Will Hold a Conference Call to Discuss its Third Quarter Results

BOLTON, Ontario, Oct. 26, 2021 (GLOBE NEWSWIRE) -- Titanium Transportation Group Inc. ("Titanium" or the "Company") (TSX VENTURE:TTR) is pleased to announce that it will issue its financial results for the quarter ended September 30, 2021 via news release on Tuesday, November 9, 2021 after market close. Read More from Financial Post https://ift.tt/3vKTkud

U.S. consumers gear up to hit the road and foreign destinations

U.S. consumers, itching for a change of scene after more than a year-and-a-half of constricted pandemic life, are as eager to travel as at any time since COVID-19 sent the world into rolling waves of lockdowns, and now a record number of Americans plan to get out of the country in the next six months. Read More from Financial Post https://ift.tt/3vMTS2u

Advocis Invites Advisors, Families and Youth to ‘Get Started’ with Financial Literacy for Financial Literacy Month 2021

Toronto, ON, Oct. 26, 2021 (GLOBE NEWSWIRE) -- Advocis, The Financial Advisors Association of Canada, has announced its Financial Literacy Month initiatives for 2021, with highlights including a continued focus on youth via an activity-based ‘Fin Lit Kit’ and financial literacy game on the hugely-popular Roblox platform. Through the continuation of the fun and fictitious Junior Financial Advisor designation introduced in 2020, Advocis hopes to connect financial literacy with kids both through fun activities with their families and in the online gaming spaces they already enjoy. Read More from Financial Post https://ift.tt/3nsQvu5

Westport Fuel Systems to Announce Third Quarter 2021 Financial Results on Monday, November 8, 2021

VANCOUVER, Oct. 25, 2021 (GLOBE NEWSWIRE) -- Westport Fuel Systems Inc. (TSX/ Nasdaq: WPRT) will disclose its third quarter 2021 financial results on Monday, November 8, 2021 after market close. Westport Fuel Systems Inc. will hold its third-quarter results call for Tuesday, November 9, 2021 at 10:00 am Eastern Time (7:00 am Pacific Time). Read More from Financial Post https://ift.tt/3maN8Zk

PrairieSky Announces 2021 Third Quarter Results and Sustainability-Linked Credit Facility

CALGARY, Alberta, Oct. 25, 2021 (GLOBE NEWSWIRE) -- PrairieSky Royalty Ltd. (" PrairieSky " or the " Company ") (TSX: PSK) is pleased to announce its third quarter operating and financial results for the period ended September 30, 2021 (" Q3 2021 "). PrairieSky is also pleased to announce an extension and expansion of the Company’s credit facility which has been reconstituted as a sustainability-linked loan, reinforcing PrairieSky’s environmental, social and governance leadership and performance. Read More from Financial Post https://ift.tt/3Cfmcx4

WillScot Mobile Mini Holdings to Host Investor Day

A live webcast of the meeting will be available. To access the webcast, go to the WillScot Mobile Mini Investor Relations site, www.willscotmobilemini.com , and click on “Events & Presentations.” A replay of the webcast and a transcript will be available after the event. Read More from Financial Post https://ift.tt/3vJErZ4

EnviroSense® Paper Blister™ Package Receives Sustainable Packaging Coalition’s Innovator Award

Read More from Financial Post https://ift.tt/3vISiPi

Pritzker Military Museum & Library Honors the Service of Citizen Soldiers at Its 2021 Liberty Gala

Chicago, Illinois, Oct. 25, 2021 (GLOBE NEWSWIRE) -- The Pritzker Military Museum & Library (PMML) raised nearly $800,000 at its annual Liberty Gala as a small group of sponsors and honored guests joined together at the Museum & Library on Thursday, October 21. Additional guests participated in the night’s engaging program online. The PMML celebrated and honored the service of soldiers, particularly those who served during the Cold War, which served as the Gala’s theme. Awards were presented to the winners of the Citizen Soldier Award and the Literature Award for Lifetime Achievement in Military Writing. The two Founder’s Awards were presented to individuals who have made significant contributions to furthering the mission of the Museum & Library. Read More from Financial Post https://ift.tt/3jC4PPB

Integration of Assets, Investment in Future Secure NGM’s Status as Industry Leader

Read More from Financial Post https://ift.tt/3Glb3Nv

Russell Investments Canada Limited Announces Upcoming Redemption of the Series ETF Units of Russell Investments Global Unconstrained Bond Pool

TORONTO -- Russell Investments Canada Limited (the “Manager”) announced today that all of the outstanding Series ETF units (the “Units”) of Russell Investments Global Unconstrained Bond Pool (the “Fund”) will be redeemed for cash at their net asset value per Unit on November 30, 2021 (the “Redemption Date”). The redemption amount will be paid on the December 2, 2021. The Manager has concluded that, due the relatively small number of Units outstanding, the ongoing expenses allocable to the Units is disproportionately large and it would be in the best interest of Unitholders to redeem the Units for cash. The last day on which the Units (TSX: RIGU) will trade on the Toronto Stock Exchange is November 30, 2021. Read More from Financial Post https://ift.tt/3ntYiry

Digital Healthcare: Saving lives in a time of crisis

The HP government’s flagship telemedicine programme with Apollo Telehealth successfully saves the lives of a mother and her newborn child at a 12,000 feet Himalayan village in the Spiti Valley. Apollo Telehealth rendered its services through emergency teleconsultation with specialists facilitated by their telemedicine staff on the ground from The Financial Express https://ift.tt/3b5iE4m

EIG Signs Agreement to Acquire 10% Interest in APLNG for US$1.592 Billion

WASHINGTON -- EIG, a leading institutional investor to the global energy and infrastructure sectors, today announced that it has entered into a definitive agreement under which it will acquire a 10% interest in Australia Pacific LNG Pty Limited (“APLNG” or the “Project”) from Origin Energy Limited (“Origin”) for an equity purchase price of $1.592 billion. Read More from Financial Post https://ift.tt/3CaRgy5

Baby Floki Up Prepares for a PancakeSwap Listing on Q4 of 2021

Birmingham, UK, Oct. 23, 2021 (GLOBE NEWSWIRE) -- (via Blockchain Wire )  Baby Floki Up  (BFU), a new and exciting crypto project, is gearing up for a Q4 2021 launch. BFU is a dogecoin-based crypto token project from the $FLOKI stable. The project is finalizing plans for its Listing on PancakeSwap. But before that, it'll hold a presale on  Pinksale finance. Read More from Financial Post https://ift.tt/3nlvDoj

Liquid Media Settles Waterproof Litigation

VANCOUVER, British Columbia, Oct. 22, 2021 (GLOBE NEWSWIRE) -- Liquid Media Group Ltd. (the “Company,” “Liquid Media” or “Liquid”) (Nasdaq: YVR), via its wholly-owned subsidiary Liquid Media Group (Canada) Ltd., has entered into a definitive settlement agreement (the “Agreement”) with three shareholders (the “Shareholders”) of Waterproof Studios Inc. (“Waterproof”) terminating litigation among them in respect of Liquid’s interest in Waterproof (the “Claim”). Pursuant to the Agreement, Liquid has agreed to transfer its interest in Waterproof to or for the benefit of the Shareholders in consideration of a cash payment of $825,000 to Liquid, and the Shareholders have agreed to dismiss the Claim on a without cost basis. The Agreement also includes customary mutual releases. Read More from Financial Post https://ift.tt/3psDCTj

Orletto Capital II Inc. And Charbone Corporation Announce $6,000,000 Concurrent Financing to Proposed Qualifying Transaction

QUEBEC CITY, Oct. 22, 2021 (GLOBE NEWSWIRE) -- Orletto Capital II Inc. (TSXV: OLT.P) (“ Orletto ”), a capital pool company listed on the TSX Venture Exchange (the “ Exchange ”) and CHARBONE Corporation (“ Charbone ”) are pleased to announce that further to the press release dated August 3, 2021, announcing the proposed reverse take over of Orletto by Charbone, Charbone entered into an engagement letter (the “ Engagement Letter ”) with Desjardins Capital Markets (the “ Agent ”) to act as sole agent and sole bookrunner on a “best efforts” basis of a concurrent private placement of 15,000,000 subscription receipts (the “ Subscription Receipts ”) at a price of $0.40 per Subscription Receipt for total proceeds of approximately $6,000,000 (the “ Concurrent Financing ”). Read More from Financial Post https://ift.tt/3jvaxmp

EV Battery Tech Announces Acquisition of Blockchain-Based, Crypto-Compatible Smart Phone Application

The Application’s primary function will be to enable users to personalize their EV power requirements around surrounding EV Infrastructure, and to enable them the ability to seamlessly pay for their charging needs using cryptocurrency. With the recent surge in interest in cryptocurrency, the Company believes this feature will be very attractive to customers. Read More from Financial Post https://ift.tt/3m5idxp

Dundee Corporation Closes Sale of Blue Goose Subsidiary

TORONTO, Oct. 21, 2021 (GLOBE NEWSWIRE) -- Dundee Corporation (TSX: DC.A) (the “Corporation” or “Dundee”) is pleased to announce that its approximately 88%-owned subsidiary, Blue Goose Capital Corp. (“BGCC”) has closed the previously announced sale of the shares (the “Transaction”) of The Blue Goose Cattle Company Ltd. (“BG Cattle”). The gross proceeds from the Transaction will be used by BGCC to repay existing indebtedness of approximately $39 million, certain indebtedness owing to Dundee, closing and other costs. Read More from Financial Post https://ift.tt/3m55Xx6