Cathedral Energy Services has signed a deal to buy the directional drilling services business of Altitude Energy Partners in an agreement it valued at about US$100 million in cash and shares in a bid to grow its U.S. business.

We’ll get a better sense today for whether inflation expectations have become unmoored in this country.

The European Central Bank plans to rejig its corporate bond portfolio to favor issuers that pollute less, marking its most significant shift yet to weave environmental considerations into monetary policy.

Despite taking steps to reduce its flight schedule and hire more workers, the head of WestJet Airlines Ltd. says he still expects the busy summer travel season to be a ‘difficult’ one.

The S&P 500 suffered its worst first half since 1970. But its dismal performance is not an indication of what’s to come.

The biggest party in Canada’s oil patch is staging a comeback this year, fueled by soaring energy prices and a population eager to mark the end of two years of pandemic lockdowns.

The TSX Composite Index capped off the front half of the year in negative territory, falling 11.13 per cent to rank 58th out of 92 of its global peers.

The selloff in stocks deepened after weak consumer-spending data fueled worries about a recession, with the S&P 500 suffering its cruelest first-half since Richard Nixon’s presidency.

A look at what investors will be watching in the week ahead.

A cut to the provincial gas tax promised by Premier Doug Ford before the June election takes effect on Friday and experts say it may offer some relief to drivers facing sky-high pump prices, but the long-term benefits to consumers are unpredictable.

Canopy Growth shares plunged the most since February 2021 after the beleaguered Canadian cannabis company penned a deal to exchange debt for a mix of shares and cash.

Air Canada shares dropped after the company said that it will make “meaningful” reductions to its summer flight schedule in order to quickly bring passenger volumes down to a manageable level.

This was supposed to be a blowout year for Canadian equities, benefiting from soaring commodity prices and a forceful post-pandemic rebound in consumer spending.

Base metals booked the worst quarterly slump since the 2008 global financial crisis as China’s economy recovered only gradually and fears of a world recession intensified.

Bitcoin is on track for its worst quarter in more than a decade, as hawkish central banks and a string of high-profile crypto blowups hammer sentiment.

To half-quote Charles Dickens: It was the best of times, it was the not-quite-worst-of-times — but it sure was a wild ride.