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CDPQ investing $200 million in Swedish battery company Northvolt

CDPQ investing $200 million in Swedish battery company Northvolt

MONTREAL — Quebec’s pension fund manager is investing $200 million in Swedish company Northvolt AB which announced plans in September to build a factory for electric vehicle batteries near Montreal.
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U.S. applications for jobless claims rise as labor market begins to show some signs of cooling

U.S. applications for jobless claims rise as labor market begins to show some signs of cooling

More Americans filed for jobless claims last week and while the labor market remains broadly healthy, there are growing signs that it may finally be cooling. Applications for unemployment benefits rose by 13,000 to 231,000 for the week ending Nov.
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Fire at a coal mining company building in northern China kills 26 and injures dozens

Fire at a coal mining company building in northern China kills 26 and injures dozens

BEIJING (AP) — A fire erupted in a coal mining company building in a northern Chinese city on Thursday, killing 26 people and injuring at least 38, Chinese state media reported.
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Online resources can help bridge gap for young investors seeking financial advice

Online resources can help bridge gap for young investors seeking financial advice

TORONTO — While some financial advisers might be unwilling to take on younger clients with small accounts, experts say that shouldn't deter young investors from beginning their financial journey and that online resources can be a good place to start
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Frustrated tech leaders call for progress on open banking to increase competition

Frustrated tech leaders call for progress on open banking to increase competition

TORONTO — Members of Canada’s increasingly frustrated fintech sector are calling on the federal government to move ahead with promised plans to give consumers more control over their financial data.
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CMHC says annual pace of housing starts in October up 1% from September

CMHC says annual pace of housing starts in October up 1% from September

OTTAWA — Canada Mortgage and Housing Corp. says the annual pace of housing starts for October ticked up from September.
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Walmart attracts more shoppers seeking to cut spending in Q3, but muted expectations spook investors

Walmart attracts more shoppers seeking to cut spending in Q3, but muted expectations spook investors

NEW YORK (AP) — Walmart extended its streak of strong quarterly gains heading into the holiday season as its low prices attract shoppers looking for deals in a tough economic environment.
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Parkland strikes electric vehicle station funding deal with Infrastructure Bank

Parkland strikes electric vehicle station funding deal with Infrastructure Bank

TORONTO — More electric vehicle charging stations are on the way as the Canada Infrastructure Bank says it has signed a second funding deal to expand fast-charging options.
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Long-haul carrier Emirates orders 15 Airbus A350 after engine dispute during Dubai Air Show

Long-haul carrier Emirates orders 15 Airbus A350 after engine dispute during Dubai Air Show

DUBAI, United Arab Emirates (AP) — Long-haul carrier Emirates said Thursday it will purchase 15 additional Airbus A350-900s worth $6 billion after a spat between the airline and the European manufacturer went unusually public during this week's Dubai
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Tech giant Amazon's first Canadian wind farm project to be located in Alberta

Tech giant Amazon's first Canadian wind farm project to be located in Alberta

CALGARY — Tech giant Amazon is investing in its first Canadian wind farm. The company said it will partner with developer Copenhagen Infrastructure Partners on a 495-megawatt capacity wind farm to be built in Vulcan County in southern Alberta.
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