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TSX futures gain as oil prices surge

STORY CONTINUES BELOW THESE SALTWIRE VIDEOS (Reuters) – Futures tracking Canada’s energy-heavy main stock index rose on Monday, as oil prices jumped more than 1% amid supply concerns as demand picks up in parts of the world with the easing of pandemic restrictions. Oil prices rose for a fifth straight day, with Brent at its highest since October 2018 and heading for $80. [O/R] December futures on the S&P/TSX index were up 0.2% at 7:00 a.m. ET. The Toronto Stock Exchange’s S&P/TSX composite index ended 0.29% lower at 20,402.66 on Friday, recording its third weekly loss. [.TO] The benchmark index

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Canada
andrew jacob

Tiran Behrouz, Distinguished Money Exchange Technologist, and President & CEO of Clear View Systems Ltd Zoom Interviewed

Tiran Behrouz, Distinguished Money Exchange Technologist, and President & CEO of Clear View Systems Ltd Zoom Interviewed – Toronto Stock Exchange News Today – EIN Presswire Trusted News Since 1995 A service for global professionals · Friday, September 24, 2021 · 552,276,502 Articles · 3+ Million Readers News Monitoring and Press Release Distribution Tools News Topics Newsletters Press Releases Events & Conferences RSS Feeds Other Services Questions?

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Canada
Hannah Boland

Psychedelic drug used by Amazonian shamans offers depression breakthrough

A psychedelic drug used by shamans during their rituals has passed early stage trials for the treatment of depression. DMT, a hallucinogenic drug whose effect has been likened to LSD and magic mushrooms, was given to 32 people who had no previous experience of psychedelics. Small Pharma, the company behind the treatment, said there were no serious adverse events and the drug had a favourable safety profile. The company is now progressing to the next stage of trials, which will assess whether it could be used to treat depression. People diagnosed with the illness will be given DMT alongside psychotherapy.

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Canada
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Toronto futures retreat on Evergrande fears

STORY CONTINUES BELOW THESE SALTWIRE VIDEOS (Reuters) – Futures for Canada’s main stock index retreated on Friday, as fears around debt-ridden China Evergrande weighed on global sentiment, with stronger gold prices limiting losses. December futures on the S&P/TSX index were down 0.4% at 7:00 a.m. ET, snapping a three-day winning streak. Global equities also fell, hurt by uncertainty around the fate of China Evergrande, which missed an interest payment deadline on Thursday and has entered a 30-day grace period. [MKTS/GLOB] Spot gold gained over 0.7% on Friday on a weaker dollar. [GOL/] Canada’s budget balance data for July is due

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Canada
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HIVE Achieves Record Annual Revenue Ended March 31, 2021 of $66.7 Million and Earnings of $43.5 Million

(MENAFN– Newsfile Corp) HIVE Achieves Record Annual Revenue Ended March 31, 2021 of $66.7 Million and Earnings of $43.5 Million This news release constitutes a “designated news release” for the purposes of the Company’s prospectus supplement dated February 2, 2021 to its short form base shelf prospectus dated January 27, 2021. Vancouver, British Columbia–(Newsfile Corp. – September 24, 2021) – HIVE Blockchain Technologies Ltd. (TSXV: HIVE) (Nasdaq: HIVE) (FSE: HBF) (the “Company” or “HIVE”) announces its results for the full year ended March 31, 2021 (all amounts in US dollars, unless otherwise indicated). Income from digital currency mining was $66.7

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Canada
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SNC Lavalin saga resurfaces after election with filing of new bribery charges

By Ross Marowits THE CANADIAN PRESS The SNC-Lavalin legal saga was thrust back into the spotlight Thursday after the RCMP announced they’ve charged two former executives and the engineering company itself for allegedly paying bribes to obtain a Montreal bridge repair contract. Former SNC-Lavalin vice-president Normand Morin and former SNC-Lavalin International Inc. vice-president Kamal Francis, along with SNC-Lavalin and its subsidiary, have each been charged with forgery, conspiracy to commit forgery, fraud, conspiracy to commit fraud, fraud against the government, and conspiracy to commit fraud against the government. The charges are the result of a long and complex investigation that

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Canada
Ross Marowits The Canadian Press

SNC-Lavalin saga resurfaces after election with filing of new bribery charges

The SNC-Lavalin headquarters is seen in Montreal on February 12, 2019. THE CANADIAN PRESS/Paul Chiasson The SNC-Lavalin legal saga was thrust back into the spotlight Thursday after the RCMP announced they’ve charged two former executives and the engineering company itself for allegedly paying bribes to obtain a Montreal bridge repair contract. Former SNC-Lavalin vice-president Normand Morin and former SNC-Lavalin International Inc. vice-president Kamal Francis, along with SNC-Lavalin and its subsidiary, have each been charged with forgery, conspiracy to commit forgery, fraud, conspiracy to commit fraud, fraud against the government, and conspiracy to commit fraud against the government. The two former

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Canada
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Energy Toolbase Integrates with Socomec to Provide Seamless Solution for Modeling and Deploying Energy Storage Projects

Socomec’s energy storage solutions have been added to Energy Toolbase’s ETB Developer sales and modeling platform which allows users to run energy storage dispatch simulations and savings analysis that are representative of how Socomec’s Energy Storage Systems (ESS), controlled by Energy Toolbase’s Acumen EMS™ controller would operate in the field. Energy Toolbase and Socomec are now integrated to enable solar and energy storage developers to seamlessly model, control, and monitor energy storage projects. Socomec’s energy storage solutions have been added to Energy Toolbase’s ETB Developer sales and modeling platform which allows users to run energy storage dispatch simulations and savings

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Canada
Jason Proctor

B.C. judge rejects expert in $1.3B lawsuit against TD Asset Management for bias against big banks

A B.C. Supreme Court judge says a well-known financial critic can’t give expert evidence in a $1.3 billion class action lawsuit against TD Bank’s asset management firm because of his alleged bias against “big” Canadian banks. In a decision released this week, Justice Gordon Funt said it’s “quite rare” to rule a proposed expert’s evidence inadmissible. But he concluded that Larry Bates — author of Beat the Bank: The Canadian Guide to Simply Successful Investing — has a cause or “philosophical hostility” that renders him unable to be fair and objective in relation to an ongoing claim against TD Asset Management. “I

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Canada
admin

Toronto futures rise as Evergrande fears ease

STORY CONTINUES BELOW THESE SALTWIRE VIDEOS (Reuters) – Futures for Canada’s main stock index edged higher on Thursday as global market jitters around cash-strapped property developer China Evergrande eased, although weaker oil prices limited gains. December futures on the S&P/TSX index were up 0.13% at 7:00 a.m. ET. World shares rallied after U.S. Federal Reserve confirmed plans to start tapering its massive pandemic-era stimulus measures, and on easing concerns about developer China Evergrande. [MKTS/GLOB] U.S. crude futures fell 0.51% and Brent crude shed 0.43%. [O/R] Domestic July retail sales are expected to fall 1.2% after rising 4.2% in June, a

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