Canadian Auto Workers Union Reaches Tentative Agreement General Motors (ticker: GM) has recently reached a three-year tentative labor deal with Unifor, the union representing Canadian auto workers. While investors are primarily focused on this agreement, there remains uncertainty about the satisfaction of United Auto Workers (UAW) leadership. Highlights of the Agreement Under … [Read more...] about General Motors Negotiates New Labor Deal
Forex News
Corcel Receives Offer to Sell Mambare Nickel and Cobalt Project Stake
Corcel, the London-listed upstream oil-and-gas development company, announced that Integrated Battery Metals has proposed to acquire its 41% interest in the Mambare nickel and cobalt project in Angola for up to $4.1 million. Under the terms of the deal, Integrated Battery Metals has conditionally agreed to pay $1.6 million upon completion of the sale and purchase of Corcel's … [Read more...] about Corcel Receives Offer to Sell Mambare Nickel and Cobalt Project Stake
Uncertain Situation in Markets as Israel Prepares for Ground Invasion
An uneasy calm is hanging over markets early Monday as Israel makes preparations for a ground invasion of Gaza in response to a recent attack by Hamas. Crude Prices Remain Steady Crude prices are showing minimal change, fluctuating between small gains and losses. West Texas Intermediate is currently down 0.2% at $87.53, while Brent crude, the international benchmark, has seen a … [Read more...] about Uncertain Situation in Markets as Israel Prepares for Ground Invasion
Ford Recalls Explorers Amidst Growing Sales
Ford Motor has announced a recall of its popular Explorer models, but this news has had little impact on the company's stock, which continues to rise. The National Highway Transportation Safety Administration recently issued a recall notice affecting 238,364 Ford Explorers manufactured between 2020 and 2022. Dated October 6, the recall notice may have taken a few days to appear … [Read more...] about Ford Recalls Explorers Amidst Growing Sales
Spark Power Agrees to Takeover in C$140 Million Deal
Shares of Spark Power soared after the Canadian electrical services company announced its acquisition by private-equity firm American Pacific Group (APG) in a deal valued at approximately C$140 million, including debt. Share Price Rally In morning trading, Spark Power's shares surged by 61% to reach C$0.79, marking a 66% increase since the beginning of the year. APG's … [Read more...] about Spark Power Agrees to Takeover in C$140 Million Deal
