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

BASF AG expects earnings to increase slightly this year as sales for agriculture and nutrition products help offset sluggish demand for chemicals and coatings for the struggling auto industry.

Other

Oil headed for a solid monthly loss as US President Donald Trump escalated tariff threats against major trading partners, hurting appetite for risk, boosting the dollar, and clouding the outlook for energy demand.

Economics

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

The Edmonton Oilers desperately needed a save in Florida on Thursday night. Stuart Skinner had played well over forty, but he frankly whiffed on consecutive opportunities in the third. Although to be fair, there was soft defensive coverage on both and a bad line change on one. Meanwhile, a continuous march to the penalty box […]

Other

Gold was on track for its first weekly loss this year as investors booked profits from a record-breaking rally amid increasing concern over President Donald Trump’s tariff agenda, which has strengthened the US dollar.

Economics

Continued U.S. tariff threats challenge already hard-hit B.C. craft brewers who face input cost increases of 30 to 40 per cent since COVID-19.

Economics

Population growth is expected to ease from 4.4 per cent in 2024 to closer to 2.5 per cent annually, as of July. “That has made it difficult for many Albertans and families to find family doctors," Horner said

Economics

'We're going to need to have hard conversations, as Albertans, about what we expect government to fund, the services that we want to see,' said Finance Minister Nate Horner

Other

The Alberta government's 2025/26 budget includes an income tax break for Albertans, but also increases in some other taxes and fees amid uncertainty over U.S. tariffs.

Economics

The report says the ministry did not co-ordinate to document expectations for implementing the commitment, monitoring the implementation, or reporting progress.

Other

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

The tax cut comes after years of ever-increasing taxes of every kind, from nasty increases in carbon taxes to brutal rises in local property taxes, not to mention hammering from wicked inflation

Other

Alberta, Canada’s top oil-producing province, is projecting its first budget deficit after four years of surpluses as the prospect of a trade war with the US weighs on the outlook for economic growth and oil revenue.

Economics

Alberta plans to hike the education property tax in Budget 2025 with the increase covering more than one-third of the operating expenses for education. Finance Minister Nate Horner tabled the province’s 2025-2026 budget on Thursday, and Alberta Education will see a 4.5 per cent increase for the year with a total operating budget of $9.9 […]

Economics

“We’re going to have to have hard conversations as Albertans about what we expect government to fund, the services we want to see,” Finance Minister Nate Horner said Thursday

Economics

There’s just no escaping tariff talk in Alberta’s 2025 budget, but the government expects the province’s housing market to be a “bright spot” in the year ahead.  Finance Minister Nate Horner praised the work of Alberta homebuilders, saying they “performed better than every other jurisdiction,” which is helping improve Alberta’s housing supply.  “Alberta’s housing market […]

Economics

It's now or never for the Senators and it's time for their top goalie to save the day

Other

– Phase 3 topline data from azetukalner FOS epilepsy program planned for H2 2025 in support of NDA filing and potential commercial launch – First of three planned Phase 3 azetukalner MDD studies underway, with second study on track to initiate mid-year – Phase 3 azetukalner bipolar depression program planned for clinical trial initiation mid-year […]

Economics

Ratings agencies said some provinces were more at risk from the potential March 4 tariffs due to their disproportionate exposure to U.S. exports or weaker financial positions.

Economics