Business

AbCellera said on Monday its experimental menopause treatment significantly reduced the frequency and severity of hot flashes in a mid-stage trial, sending its shares up nearly 40 per cent in early morning trading.

A group of investors is providing a potential lifeline to Sherritt International Corp. after U.S. sanctions against Cuba hampered the Canadian company.

Unifor is set to begin contract negotiations with General Motors today.

Global drugmakers are expanding their U.S. footprint, pledging billions of dollars to ramp up manufacturing capacity and research in the country.

The Ontario Teachers’ Pension Plan Board says it earned a six-month net return of 9.5 per cent for the first half of 2026, with net investment income of $26.6 billion.

Intel on Monday said it is planning to raise US$15 billion through a share sale, as it looks to fund the costly build-out of its chip contract manufacturing business by cashing in on a stock surge fueled by its turnaround efforts.

Barrick Mining  missed second-quarter profit estimates on Monday due to rising production costs and retrospective tax penalties in Mali, despite beating gold output targets.

Retail investors who spent weeks defending SpaceX through its post-IPO run turned net sellers on Friday, marking the first such instance since the company’s blockbuster debut in June.

Wealthsimple’s newest product has given armchair economists and Canadians convinced they can predict Mother Nature a chance to put their skills to the test, but some say the business is likely after an even bigger audience.

Blackstone Infrastructure’s Safe Harbor Marinas, the world’s largest owner and operator of marinas, is nearing a US$1.5 billion deal to acquire MarineMax , people familiar with the matter said.

Iran is insisting that the U.S. meet its demands in negotiations before the Strait of Hormuz reopens.

Defense technology company Lyntris is targeting a valuation of up to US$2.53 billion in its U.S. initial public offering, it said on Monday.

Andy O’Brien will succeed longtime ConocoPhillips CEO Ryan Lance next month and will inherit a major Alaska oil project to complete, costs to control and a share price that has recently lagged peers, analysts and investors said.

Meta CEO Mark Zuckerberg called for lower U.S. barriers for open-source AI models to better compete with Chinese rivals as the social media giant released a new open-weight model on Monday and said it plans to launch more such models soon.

The race to finance the U.S. data centre boom is forcing banks and asset managers to confront an added risk: political and community opposition.