By Divya Rajagopal and Saeed Azhar TORONTO/NEW YORK (Reuters) – Royal Bank of Canada’s swift move to buy HSBC’s Canada unit for C$13.5 billion ($10 billion) strengthens its pole posi[...]
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November 29, 2022
Yen gains before Powell speech, Aussie jumps
By Karen Brettell NEW YORK (Reuters) – The greenback edged lower against the Japanese yen on Tuesday with Federal Reserve chairman Jerome Powell due to speak on Wednesday, while the Aussie dolla[...]
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Oil up on China COVID hopes, but OPEC+ output concerns offset gains
By Laila Kearney NEW YORK (Reuters) -Oil rose on Tuesday on expectations for a loosening of China’s strict COVID-19 controls, but concerns that OPEC+ would keep its output unchanged at its upcom[...]
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Amazon unveils supply-chain, cloud services drawing on its retail arm
By Jeffrey Dastin LAS VEGAS (Reuters) -Amazon.com Inc on Tuesday announced software drawing on its retail expertise in an effort to boost sales to businesses and remain the largest cloud-computing pro[...]
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Walmart sued by employee over deadly Virginia shooting
By Diana Novak Jones (Reuters) -An employee at the Walmart in Chesapeake, Virginia, where a supervisor fatally shot six people last week, filed a lawsuit on Tuesday against the company, claiming she a[...]
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Fiscal developments affect Brazil’s central bank decisions through balance of risks, says director
BRASILIA (Reuters) – Brazilian central bank director Diogo Guillen said on Tuesday that markets are more sensitive to fiscal news and that fiscal developments enter into policymakers’ deci[...]
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Canadian regulators to review sale of HSBC’s Canada business to RBC
By Divya Rajagopal and Kanishka Singh TORONTO (Reuters) -Canadian regulators will review the sale of HSBC’s business in Canada to Royal Bank of Canada for C$13.5 billion ($10 billion) in cash, t[...]
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Market maker Virtu sues U.S. SEC over records request
By John McCrank and Chris Prentice (Reuters) -Virtu Financial Inc took the extraordinary step of suing the U.S. Securities and Exchange Commission, alleging on Tuesday its primary regulator had not re[...]
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IMF and WTO leaders warn don’t ‘pull the plug’ on global trade
By Andreas Rinke (Reuters) – The leaders of the International Monetary Fund and the World Trade Organization on Tuesday warned against the negative impact of deglobalization for the global econo[...]
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