Business

Get real time update about this post category directly on your device, subscribe now.

temp 48ac2564 dcd2 4108 8321 b69817ac856f

Surprise Crude Oil Inventory Build Ends 5-Week Draw Streak

July 2, 2025

The American Petroleum Institute reported a surprise increase of 680,000 barrels in US crude oil inventories, contrary to analyst expectations...

temp be477158 79cb 4634 9604 cf70f1fad7d9

Kardium raises $340-million as B.C. heart device maker prepares for FDA approval, market entry

by Daily Dive

July 2, 2025

Vancouver-based Kardium Inc. secures $340 million in funding for its atrial fibrillation treatment technology. The company aims for rapid commercial...

temp dd251220 121e 4462 ab5d c6e03cde89a4

Wednesday’s analyst upgrades and downgrades

by Daily Dive

July 2, 2025

Scotia Capital analyst Gupta upgraded Bombardier shares to "sector outperform" after a significant order win. BMO's Chamoun raised his target...

Martin Schwartz, president and chief executive officer of Dorel Industries Inc., speaks during their annual general meeting in Montreal, June 21, 2006. The company which manufactures juvenile products, bicycles and particle board furniture has struggled with poor results dragged down by poor performance in its furniture division. REUTERS/Christinne Muschi (CANADA)

Montreal’s Dorel Industries to end furniture manufacturing in Canada

by Daily Dive

July 1, 2025

Dorel Industries Inc. is restructuring its operations, ceasing all Dorel Home manufacturing in North America to cut costs and improve...

temp 10d57348 99e0 4a42 b4b1 8853b00af4b2

Hyundai’s Alabama Plant Exported Just 14 Cars Last Month, Down 99% After Tariffs

by Daily Dive

July 1, 2025

New U.S. tariffs hit Hyundai's Alabama plant hard, with only 14 vehicles exported in June, a 99% drop from last...

temp 7ad14d81 8b25 4492 a4c6 c6585c2a27bd

Can XRP’s price ape 2017’s pattern after institutions move $1 billion?

by Daily Dive

July 1, 2025

XRP sees over $1 billion transferred to unknown wallets, possibly signaling institutional moves. Price action resembling 2017's pattern, with potential...