07:06 AM EDT, 08/12/2024 (MT Newswires) -- The Canadian Labour Force Survey (LFS) for July, released on Friday, once again underlined why the Bank of Canada (BoC) has now cut interest rates for the second time, said Commerzbank. Instead of the moderate job growth that economists had been expecting, investors saw job losses -- albeit very small ones -- for...

07:06 AM EDT, 08/12/2024 (MT Newswires) -- Gran Tierra Energy ( GTE ) on Monday said it has made its fifth consecutive oil discovery from the Charapa-B6 well on the Charapa Block in Ecuador. The discovery is the company's third in 2024 and is located just west of the recently discovered Arawana-J1 and Bocachico Norte-J1 wells on the Chanangue Block....

Aug 12 (Reuters) - Canada's Barrick Gold ( GOLD ) edged past Wall Street estimates for second-quarter profit on Monday, as the company benefited from higher prices and robust production. Barrick's U.S.-listed shares were up 2.1% before the bell. Hopes of a U.S. interest rate cut this year and uncertainty around elections, along with global geopolitical risks have lifted the...

Aug 12 (Reuters) - Tourmaline Oil said on Monday it will acquire Crew Energy in a C$1.3 billion ($947.52 million) deal, which includes debt. ($1 = 1.3720 Canadian dollars) ...