Sweden backs sale of German coal mines to Czech group Jul 2nd

All about Canadian investments. Learn the ins and outs and get the latest news.
Latest News
 TSE

This Toronto condo in the Entertainment District is going for $800K. Here’s why it’s a hard sell + MORE Mar 11th

A rare, larger condo in the city, this 800-square-foot unit listing is also steps away from the Financial and Entertainment Districts, nightlife and transit..... More »
 IPO

Nvidia Stock Rises on Earning Beat but the Outlook Disappoints - Barron's + MORE May 28th

Nvidia Stock Rises on Earning Beat but the Outlook Disappoints  Barron'sNvidia to report Q1 earnings as Middle East deals, export control reprieve boost stock  Yahoo FinanceDow Jones Futures Rise As Court Blocks Trump Tariffs; Nvidia Jumps On Earnings  Investor's Busine.... More »

Consumer group that battles the big telcos blames CRTC for its 'dire' financial troubles Dec 17th

The Public Interest Advocacy Centre, the voice behind some of the country’s most important consumer protections, is at risk of having to close its doors for good. And it says the CRTC, the regulator it has so often prodded over the past 42 years, is to blame for its financial troub.... More »

Canopy earnings disappoint as posted loss is nearly four times expectations - The Globe and Mail Jun 21st

Canopy earnings disappoint as posted loss is nearly four times expectations  The Globe and MailCanopy Growth shares slump as cannabis company earnings reveal quarterly loss  CBC.caCanopy Growth's fourth-quarter loss widens as expenses surge - Article - BNN  BNNBloomberg.... More »
 canadian savings bond

How to make better financial decisions—without regret—in a crisis Jan 27th

How do you make no-regret decisions when you are in crisis? You follow the guidelines in what I call the Decision Crisis Playbook.  The Decision Crisis Playbook  In this book, a decision crisis means you have to make big decisions at a really difficult time but your basic needs .... More »
COPENHAGEN – Sweden’s Social Democratic government said Saturday it is endorsing the sale of state-owned Vattenfall AB’s four coal mines and mining assets in Germany to Czech investors, sparking harsh reactions from environmentalists.
“The deal is of strategic importance for the company and that it is financially best option,” Enterprise and Innovation Minister Mikael Damberg said. “The value of selling is higher than to keep and continue operating the business.”
He didn’t disclose details about the price.
Climate minister Isabella Lovin of Sweden’s Environment Party told a joint news conference the government “had thoroughly investigated the deal but didn’t find any formal reasons to reject it.”
In April, Czech energy company Energeticky a prumyslovy holding, or EPH, signed an agreement to acquire the Swedish state-owned utility’s loss-making assets in Germany. EPH made the bid together with PPF Investments, a private equity group…

Continue Reading On canadianbusiness.com »

Share

PinIt
Compare insurance quotes through Kanetix.ca - save time and money!