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Fortis (Canada) Launches $25 Billion Capital Plan with Renewables Focus
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Fortis (Canada) Launches $25 Billion Capital Plan with Renewables Focus

Fortis (Canada) announces a $25 billion capital plan with a strong focus on renewable energy, aiming for sustained growth and shareholder satisfaction...

Oil prices soar as supply constraints continue
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Oil prices soar as supply constraints continue

Despite concerns over economic growth, tightening oil supplies and positive market sentiment are driving prices to reach their highest levels since No...

Malaysia's Trade Surplus Widens in August
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Malaysia's Trade Surplus Widens in August

Malaysia's trade surplus expanded in August, but exports and imports decreased compared to the previous year. The decline in shipments of electrical a...

Nio Inc. Convertible-Bond Offering Leads to Share Decline
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Nio Inc. Convertible-Bond Offering Leads to Share Decline

Nio Inc. experiences a decline in shares after announcing a $1 billion convertible-bond offering, as competition in the luxury electric vehicle market...

Stitch Fix to Exit U.K. Operations
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Stitch Fix to Exit U.K. Operations

Stitch Fix has decided to exit its U.K. operations by October, with an expected revenue of $8 million for fiscal 2024.

Canadian Stocks Trade Lower Amid Housing Crisis
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Canadian Stocks Trade Lower Amid Housing Crisis

Stocks in Toronto are trading lower amid Canada's ongoing housing crisis. Gainers in the session include consumer services, tech, and distribution ser...

Challenges for Planet Fitness after Leadership Change
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Challenges for Planet Fitness after Leadership Change

Jefferies analysts downgrade Planet Fitness stock and revise estimates for store openings due to leadership change.

Texas Attorney General Acquitted in Historic Impeachment Trial
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Texas Attorney General Acquitted in Historic Impeachment Trial

Texas Attorney General Ken Paxton has been acquitted in a landmark impeachment trial, highlighting divisions within the Republican Party and his loyal...

Stock Market Reacts to Anticipation of Federal Reserve Statement
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Stock Market Reacts to Anticipation of Federal Reserve Statement

Traders take precautions as they anticipate Federal Reserve statement, uncertain about the institution's plan and market impact.

Oil Futures Extend Price Gains Above $90-a-Barrel Threshold
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Oil Futures Extend Price Gains Above $90-a-Barrel Threshold

Oil prices continue to rise above $90-a-barrel due to tightening supplies, with weekly gains expected. Concerns about demand in a cooling global econo...