Smithfield Foods beat quarterly results estimates on resilient demand for pork
CTV
Smithfield Foods beat analysts’ estimates for fourth-quarter sales and profit on Tuesday, helped by resilient demand for packaged meats and cost-saving efforts, lifting the U.S. pork processor’s shares nearly four per cent higher in premarket trading.
World shares were mixed on Wednesday as the rally of the past two days faded and oil prices resumed climbing with no end to the war with Iran in sight.
Iran’s Revolutionary Guards said on Tuesday they would not let any oil out of the Middle East until U.S. and Israeli attacks cease, prompting U.S. President Donald Trump to threaten to hit Iran “twenty times harder” if it blocked exports.
World shares tumbled on Monday, with Japan’s benchmark Nikkei 225 index plunging more than 5%, after oil prices spiked at nearly $120 a barrel, casting a shadow over economies heavily dependent on imports of oil and gas from the Middle East.
The war in the Middle East is quickly pushing some countries around the world towards a potential energy crisis.
The U.S. customs agency is readying a system within 45 days to process refunds on U.S. President Donald Trump’s tariffs that were struck down as illegal, a customs official said in a court filing on Friday.
Whether it’s a refrigerator, washing machine, an air conditioner, or any other appliance, there’s an adage that states, 'they don’t make them like they used to.'
Personal finance contributor Christopher Liew breaks down how the ongoing Canada–U.S. trade conflict is affecting Canadian stocks, which sectors are most exposed, and what everyday investors can do to protect and position their portfolios.
March is Fraud Prevention Month, a time when Canadians are encouraged to be extra cautious and vigilant, to avoid becoming victims to scams.
Goldminer Discovery Silver Corp. said Monday that it has acquired Glencore Canada’s Kidd operations in the Timmins area.
Oil prices rose sharply Monday as U.S. and Israeli attacks on Iran and retaliatory strikes against Israel and U.S. military installations around the Gulf sent disruptions through the global energy supply chain.
Relief may be brewing for Canada’s coffee industry grappling with the bitter effects of a global price surge.