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Tesla electric vehicles are lined up at a dealership in Durango, northern Spain, October 30, 2023.

Interest in electric vehicles in Canada drops for second year: survey

National Post · Postmedia News |Updated a day ago |3 min read Premium content

Interest in electric vehicles (EVs) in Canada is waning, despite manufacturers introducing new models and price segments. According to an annual survey from AutoTrader , Canadians are wary of the limited range of EVs, insufficient charging ...

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Raymond James Q2 profit rises on strong capital markets performance

Reuters |Updated 13 minutes ago |1 min read

(Reuters) - Raymond James on Wednesday posted a 11% rise in second-quarter adjusted profit, powered by strong performance in its capital markets business on the back of a rebound in mergers and acquisitions. After a two-year dry spell, global ...

The BYD logo is displayed on a vehicle in Bangkok, Thailand, March 25, 2024.

China's BYD seeks to redefine luxury for the EV generation

Reuters |Updated 31 minutes ago |4 min read

BEIJING (Reuters) - Chinese EV maker BYD will showcase its premium brand's first sedan at the Beijing auto show from Thursday, in a challenge to the likes of Germany's Mercedes-Benz which three years ago pulled out of the brand's development ...

A Meta logo is seen at the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris, France, June 14, 2023.

Disappointing Meta forecast pulls down tech peers in extended trade

Stephen Culp |Updated 34 minutes ago |1 min read

By Stephen Culp NEW YORK (Reuters) - Disappointing forecasts from Facebook parent Meta Platforms has proven contagious, sparking a sell-off in tech and tech-related stocks in after-hours trading. Meta said it expects increased spending on AI ...

An Amazon shopper and courier loads groceries into his trunk outside a Whole Foods Market grocery store in Pasadena, California, U.S., March 31, 2020.

Court revives Whole Foods worker's lawsuit over 'Black Lives Matter' masks

Daniel Wiessner, Jonathan Stempel |Updated 41 minutes ago |2 min read

By Jonathan Stempel and Daniel Wiessner (Reuters) - A U.S. appeals court revived a lawsuit accusing Whole Foods of illegally firing a worker who refused to remove her "Black Lives Matter" facemask and complained about racism at the upscale ...

A passerby is reflected on an electric monitor displaying the graph of recent moments of the Japanese yen exchange rate against the U.S. dollar outside a brokerage in Tokyo, Japan May 2, 2023.

Morning Bid: Japan's FX no-show, Meta plunges

Jamie McGeever |Updated 44 minutes ago |3 min read

By Jamie McGeever (Reuters) - A look at the day ahead in Asian markets. The depreciation of Asian currencies against the U.S. dollar, and the steps monetary authorities may take to prevent further weakness, dominate the market landscape across ...

The logo of Anglo American is seen on a jacket of an employee at the Los Bronces copper mine, in the outskirts of Santiago, Chile March 14, 2019

BHP considering potential buyout offer for Anglo American, Bloomberg reports

Reuters |Updated 4 minutes ago |1 min read

(Reuters) -Global mining giant BHP Group is considering a potential buyout of British multinational mining company Anglo American Plc, Bloomberg News reported on Thursday, citing people with knowledge of the matter. Deliberations are at an early ...

SaltWire

Microsoft-backed Rubrik prices IPO above range at $32 per share, source says

Echo Wang |Updated 44 minutes ago |2 min read

By Echo Wang NEW YORK (Reuters) - Rubrik, the cybersecurity software startup that counts Microsoft among its investors, priced its initial public offering at $32 per share on Wednesday above its indicated price range, according to a person ...

SaltWire

O'Reilly Automotive's profit misses on higher costs

Reuters |Updated 1 hour ago |1 min read

(Reuters) - Auto parts distributor O'Reilly Automotive missed analysts' estimates for first-quarter profit on Wednesday, hurt by increased costs, sending its shares down more than 3% after the bell. Investments in store expansion and securing ...

SaltWire

United Rentals profit beats expectations on higher equipment demand

Reuters |Updated 1 hour ago |2 min read

(Reuters) - Equipment rental firm United Rentals beat analysts' estimate for first-quarter profit on Wednesday, backed by robust demand across its markets. Shares of the company, which operates across North America and rents out equipment to ...

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