2 h. ago Allianz Achieves Record Operating Profit of 16.0 Billion Euros

New Share Buy-Back of up to 2 Billion Euros Announced MUNICH — February 28, 2025 12M 2024: Total business volume rises 11.2 percent to 179.8 billion euros Operating profit increases by 8.7 percent to 16.0 billion euros supported by all business segments Shareholders’ core net income advances 10.1 percent to 10.0 billion euros Strong Solvency […]

Economics

3 h. ago Wild Cocoa Markets Push Europe’s Historic Chocolatiers to the Brink

Poor harvests in West Africa have driven the price of cocoa to record highs, forcing heritage confectionary brands out of business.

Economics

4 h. ago Chemtrade Logistics Income Fund Announces Fourth Quarter and Full Year 2024 Financial Results

Reiterates 2025 Guidance for Adjusted EBITDA of Between $430.0 Million and $460.0 Million TORONTO — Chemtrade Logistics Income Fund (TSX: CHE.UN) (“Chemtrade” or the “Fund”) today announced results for the three- and twelve-month periods ended December 31, 2024. The financial statements and MD&A will be available on Chemtrade’s website at www.chemtradelogistics.com and on SEDAR+ at […]

Economics

4 h. ago A completely abandoned Toronto home is still somehow selling for $8 million

The average price of a house sold on the Bridle Path in Toronto is over $16 million.It's a neighbourhood of excess wealth, ostentatious mega-mansions and the 0.1 per cent of society. But in and amongst all those over-the-top houses, you'll find 48 The Bridle Path, a 103- by 260-foot piece of land with a vine covered bungalow that has sat abandoned since 2017, if not longer.  Construction happening across the street. Normally when plots of land become available in the Bridle Path, it's just a matter of time before a cavalcade of construction workers arrive to build the next mansion. However, that's not what happened at all at 48 The Bridle Path.In 2017, the property sold for $6,100,000 after just a week on the market. But less than a year later, it was back up for sale for $7,995,000. It took two years and four tries before it finally sold for $6,500,000 in 2019. Then 48 The Bridle Path just sat there for years.Ove...

Economics

4 h. ago Ingredion Invests $50 Million in Cedar Rapids, Iowa Facility to Expand Specialty Industrial Starch Capacity for Packaging and Papermaking Industries

WESTCHESTER, Ill., Feb. 27, 2025 (GLOBE NEWSWIRE) — Ingredion Incorporated (NYSE: INGR), a leading global provider of ingredient solutions for food, beverage and industrial applications, announced today a $50 million investment in its Cedar Rapids, Iowa facility to modernize and expand the production of industrial starches for the packaging and papermaking industries. “Demand is growing […]

Economics

6 h. ago TREATMENT.COM AI INC. ANNOUNCES LISTED ISSUER FINANCING EXEMPTION (LIFE) BOUGHT DEAL PRIVATE PLACEMENT

Not for distribution to United States newswire services or for release publication, distribution, or dissemination directly, or indirectly, in whole or in part, in or into the United States Vancouver, British Columbia, Feb. 27, 2025 (GLOBE NEWSWIRE) — Treatment.com AI Inc. (the “Company” or “Treatment”) (CSE: TRUE; OTC: TREIF; FFA: 939) is pleased to announce that […]

Economics

7 h. ago New batch of Jeffrey Epstein files draws criticism, called a ‘complete disappointment’

Despite some pre-release hype, the Justice Department noted the files largely contain 'documents that have been previously leaked but never released in a formal capacity'

Other

7 h. ago Madison Pacific Properties Inc. announces the results for the four months ended December 31, 2024

VANCOUVER, British Columbia, Feb. 27, 2025 (GLOBE NEWSWIRE) — Madison Pacific Properties Inc. (the Company) (TSX: MPC and MPC.C), a Vancouver-based real estate company announces the results of operations for the four months ended December 31, 2024. In July 2024, the Company’s Board of Directors approved a change of financial year-end of the Company from […]

Other

9 h. ago Entrée Announces Drill Results from Hugo North Extension and Heruga Deposits

VANCOUVER, British Columbia, Feb. 27, 2025 (GLOBE NEWSWIRE) — Entrée Resources Ltd. (TSX:ETG; OTCQB:ERLFF – the “Company” or “Entrée”) is pleased to provide analytical results for eleven underground diamond drill holes (“DDH”) completed in 2022 – 2024 at the Hugo North Extension (“HNE”) deposit on the Entrée/Oyu Tolgoi joint venture property (the “Entrée/Oyu Tolgoi JV […]

Other

9 h. ago Almonty Announces Shareholder Approval of Proposed US Domestication

TORONTO — Almonty Industries Inc. (“Almonty” or the “Company“) (TSX: AII / ASX: AII / OTCQX: ALMTF / Frankfurt: ALI) is pleased to announce that the holders of common shares in the capital of the Company (“Shareholders”) have overwhelmingly voted to approve Almonty’s proposed continuance from Canada to the State of Delaware, USA (the “US […]

Other

9 h. ago Pembina Pipeline announces stake in Alberta power plant that could supply data centre

CALGARY — Pembina Pipeline Corp. announced it’s investing in a proposed Edmonton-area natural gas power plant that could supply a massive data centre complex, as it reported a dip in quarterly earnings and a boost in pipeline volumes. It said Thursday it has entered into agreements for a 50 per cent stake in the Greenlight […]

Other

9 h. ago Red ink, tax cuts, debt payments: Highlights of Alberta’s 2025 budget

Alberta’s finances, tied to the rollercoaster ride that is oil prices, are once again plunging: the 2025 budget predicts a $5.2-billion deficit with no immediate relief in sight.

Economics

9 h. ago Prospera Announces Monthly Operations Update and Increase to Term Loan

CALGARY, Alberta, Feb. 27, 2025 (GLOBE NEWSWIRE) — Prospera Energy Inc. (TSX.V: PEI, OTC: GXRFF) (“Prospera“, “PEI” or the “Corporation“) Prospera Energy remains committed to providing stakeholders with transparent, timely, and data-driven updates on operational performance and field developments. This monthly report delivers key insights into the company’s production trends, optimization initiatives, and strategic advancements. […]

Economics

10 h. ago Brookfield Corporation Announces Pricing of $500 Million Notes Due 2055

BROOKFIELD, NEWS, Feb. 27, 2025 (GLOBE NEWSWIRE) — Brookfield Corporation (“Brookfield”) (NYSE: BN, TSX: BN) today announced the pricing of a public offering of $500 million principal amount of senior notes due 2055 (the “notes”), which will bear interest at a rate of 5.813% per annum. The notes will be issued by Brookfield Finance Inc., […]

Economics

10 h. ago Algoma Steel to Announce Results for the Three and Nine Months Ended December 31, 2024 on March 12, 2025

SAULT STE. MARIE, Ontario, Feb. 27, 2025 (GLOBE NEWSWIRE) — Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (“Algoma” or “the Company”), a leading Canadian producer of hot and cold rolled steel sheet and plate products, announced today that the Company will release its financial results for the three and nine months ended December 31, […]

Other

11 h. ago TILT Sets Fourth Quarter and Full Year 2024 Conference Call for March 19 at 5:00 p.m. ET

PHOENIX, Feb. 27, 2025 (GLOBE NEWSWIRE) — TILT Holdings Inc. (“TILT” or the “Company”) (Cboe CA: TILT) (OTCQB: TLLTF), a global provider of cannabis business solutions that include inhalation technologies, cultivation, manufacturing, processing, brand development and retail, today announced that the Company will host a conference call on Wednesday, March 19, 2025 at 5:00 p.m. […]

Culture

11 h. ago Skyharbour’s Partner North Shore Provides Exploration Update at Falcon Uranium Project

Vancouver, BC, Feb. 27, 2025 (GLOBE NEWSWIRE) — Skyharbour Resources Ltd. (TSX-V: SYH) (OTCQX: SYHBF) (Frankfurt: SC1P) (“Skyharbour” or the “Company”), is pleased to announce that its partner company, North Shore Uranium (“North Shore”), has provided an update on its Falcon property (“Falcon”) regarding the prioritization of target generation efforts. Falcon is located at the eastern […]

Culture

12 h. ago New signs suggest delayed Toronto LRT line may finally be opening soon

The day of the Ontario general election is as good of a time as any to assess the failures that have taken place under various provincial leaders, one of the most glaring of which is the bungling of some of the province's largest transit projects.Now five years past due and in an unbelievable 14th year of construction is, of course, the Eglinton Crosstown LRT, a line that promises to shuttle thousands of passengers per hour across 19 kilometres of the city, but which has become a blight known far and wide for never actually reaching completion.And, while the Finch West LRT — a line that started construction an entire eight years later — at first appeared to be progressing much better, it has also run into its share of delays. Though the province announced Line 6's completion back in September, an actual opening date has yet to be announced, as is still also the case with the even more beleaguered Line 5.But, there ha...

Sport

12 h. ago Ninepoint Partners Announces Final February 2025 Cash Distribution for Ninepoint Cash Management Fund – ETF Series

TORONTO, Feb. 27, 2025 (GLOBE NEWSWIRE) — Ninepoint Partners LP (“Ninepoint Partners”) today announced the final February 2025 cash distribution for the Ninepoint Cash Management Fund – ETF Series. The record date for the distribution is February 28, 2025. This distribution is payable on March 7, 2025. The per-unit final February 2025 distribution is detailed […]

Sport

13 h. ago Trump tariffs: Ontario automakers could shutter plants within 1 week, analyst says

Ontario automotive assembly plants could shut down within a week of being hit with a U.S. tariff on their vehicles, some industry observers say. Car dealers in the U.S. have seen inventory on their lots steadily growing for more than a year. There are now about three million unsold vehicles, and a 25 per-cent-price increase […]

Economics