Magna, one of the largest automotive employers in the London region, has laid off about 2,000 workers locally as the fallout from the COVID-19 pandemic sweeps through the manufacturing sector.

Shares of Magna International Inc surged nearly 15 percent on Friday, a day after it posted a surprise quarterly profit and said it would focus on its core auto-parts business after the collapse of ...

Talk about bad timing for Magna International Inc. Almost exactly one month after the Canadian auto-parts manufacturer announced it would build a 225,000-square-foot aluminum casting facility in ...

Canadian auto parts manufacturer Magna on Monday said it is investing USD 77 million (around Rs 613 crore) in electric bike sharing platform Yulu, and for setting up a battery swapping company.

On Monday, unusual options activity for Magna (NYSE:MGA) – an auto parts specialist – shot up to the top of the charts. Specifically, total options volume reached 119,018 contracts, up 1,779. ...

Shares end up 14.2 pct in Toronto, 13.1 pct in New York UBS, BMO, Citigroup and CIBC up share-price targets Company renews focus on auto parts Shares up over 25 percent since Opel deal terminated ...

On Monday, unusual options activity for Magna (NYSE:MGA) – an auto parts specialist – shot up to the top of the charts. Specifically, total options volume reached 119,018 contracts, up 1,779. ...