Canoe EIT Income Fund announced a monthly distribution of $0.10 per unit for June 2026, payable to unitholders of record on June 22, 2026, with payments scheduled for July 15, 2026. The Fund is a large Canadian closed-end investment fund focused on providing monthly income and capital growth through a diversified portfolio. Investors should note that part of the distribution may be a return of capital, which can reduce the fund's net asset value and affect future income potential. This distribution reflects the Fund's ongoing strategy to deliver regular income to its investors.
Oil prices are rising sharply due to renewed US naval blockades on Iranian shipping and increased tensions in the Strait of Hormuz, a critical oil transit route. Brent crude is holding above $85 and WTI above $80, with forecasts suggesting WTI could ...
The US government announced it will impose a new 25% tariff on Brazilian ethanol starting next Wednesday, accusing Brazil of unfair trade practices. This tariff excludes major Brazilian exports like oil, beef, coffee, and aircraft parts. The move fol...
Alibaba and Baidu shares rose after Apple received approval from China's Cyberspace Administration to include Apple Intelligence, integrating Alibaba's Qwen AI model and Baidu's AI features into Apple devices in China. This partnership allows users t...
Ondo Finance has introduced the first tokenized stock representations backed by DTCC tokenized entitlements, joining major financial firms in a significant tokenization initiative. This move highlights Ondo's unique position in building infrastructur...
Leading Japanese companies, startups, and research institutions are developing specialized AI models using NVIDIA Nemotron open models to address Japan's unique language, industrial, and workforce challenges. These AI applications range from enterpri...
