Browsing Tag
Canada
593 posts
Bald Range wildfire expands to 13,600 hectares as British Columbia evacuation crisis deepens
British Columbia’s Bald Range wildfire claims its first reported death as 20,000 flee and lightning threatens more fires across the Okanagan.
Global Combat Air Programme: UK-Japan-Italy sixth-generation fighter moves into £4.6bn design phase
The Global Combat Air Programme is a UK-Japan-Italy sixth-generation combat aircraft programme governed through GIGO and delivered industrially by Edgewing, with a £4.6bn contract now funding work through end-2027 ahead of a targeted 2035 service entry.
Plus500 (LSE: PLUS) jumps 6% as $182.5m payout tops H1 profit
Plus500 jumped after record H1 revenue and a US$182.5m payout. Can US expansion and prediction markets offset margin pressure?
British Columbia declares wildfire emergency as more than 20,000 flee Okanagan communities
British Columbia has declared a provincewide state of emergency after the Bald Range wildfire exploded across the Okanagan, forcing more than 20,000 people to evacuate Summerland, Peachland and surrounding communities while homes, farms and infrastructure remain under threat.
MDA Space (TSX: MDA) gains Canadarm3 clarity as Canada shifts robotics strategy toward lunar operations
Canada plans to repurpose existing Canadarm3 investments for lunar-surface operations, giving MDA Space a clearer route beyond NASA’s paused Gateway programme. The strategic opportunity could eventually extend into lunar logistics and commercial space stations, but Canada has not yet disclosed incremental contract value, revised scope or a new deployment timetable.
Oman oil spill expands sevenfold as sanctioned tanker threatens protected reserve
A sanctioned tanker is leaking inside Oman’s protected Arabian Sea Reserve. The spill has expanded sevenfold while salvage remains unclear.
Gran Tierra sells South American oil assets for $1.33bn to eliminate debt
Gran Tierra’s $1.33 billion asset sale could eliminate debt and fund buybacks while shifting its future to Canada and Azerbaijan.
General Dynamics beats Q2 estimates, raises 2026 guidance on record backlog
General Dynamics beat Q2, raised full-year EPS guidance to $16.80-$16.90 and hit a record $136.5B backlog, yet shares fell 3.1% on supply chain concerns.
WSP Global’s second Arcadis approach fails on price and paper currency concerns
Arcadis rejected WSP Global's €5.2 billion revised bid at €51.50 per share, citing undervaluation, WSP stock risk, and leverage inside a combined entity.
Michael Hill International (ASX: MHJ) expects FY26 EBIT to jump up to 57% as same-store sales rise
Michael Hill International has delivered sales growth across Australia, Canada and New Zealand while lifting expected FY26 comparable EBIT by at least 44%. The stronger profit outlook suggests that portfolio simplification and tighter retail execution are gaining traction, although the full-year margin, dividend decision and second-half earnings profile remain important tests.