Wealth Growth Daily

Canada

Toronto home prices rise in May as sales jump 20%

BY Reuters  • June 2, 2023June 2, 2023
By Fergal Smith TORONTO (Reuters) – Greater Toronto Area (GTA) home prices increased in May from April and sales rose sharply, adding to evidence that the housing market is recovering after a ye[...]
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Business Canada Economy Updated

Lululemon shares surge as consumers snap up pricier athletic wear

BY Reuters  • June 2, 2023June 2, 2023
By Savyata Mishra (Reuters) – Shares of Lululemon Athletica Inc soared 15% in early trade on Friday, after the premium apparel retailer defied investor worries with a full-year outlook lift amid[...]
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Business Canada Economy Europe Updated US

Mexico accepts U.S. trade request to review labor rights at Goodyear plant

BY Reuters  • June 2, 2023June 2, 2023
MEXICO CITY (Reuters) – Mexico has accepted a request from the United States to review an alleged denial of collective labor rights at U.S. tiremaker Goodyear’s plant in the central state[...]
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Business Canada Central America Latin America Politics US

Volkswagen brings VW bus back to North American market after 20 years

BY Reuters  • June 2, 2023June 2, 2023
FRANKFURT (Reuters) – Volkswagen will start selling battery-powered versions of its VW bus in North America from 2024 onwards, the carmaker said on Friday, in what marks the reintroduction of th[...]
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Business Canada Economy Europe Technology Updated US

Global airline summit to tackle travel boom, climate goals

BY Reuters  • June 2, 2023June 2, 2023
By Tim Hepher, Joanna Plucinska and Aditi Shah ISTANBUL (Reuters) – Airlines will ride the crest of a faster-than-expected recovery and discuss ways of translating climate pledges into action at[...]
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Meta to test limiting some news access on Facebook, Instagram in Canada

BY Reuters  • June 2, 2023June 2, 2023
(Reuters) -Meta Platforms Inc on Thursday said it will begin tests on its social media websites Facebook and Instagram that will limit some users and publishers from viewing or sharing some news conte[...]
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Business Canada Technology Updated US

Dollar stumbles as signs point to Fed skipping June rate hike

BY Reuters  • June 1, 2023June 1, 2023
By Hannah Lang (Reuters) – The dollar was on track for its worst daily loss in nearly a month on Thursday as U.S. manufacturing data and comments by Federal Reserve officials reinforced expectat[...]
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Asia Australia Business Canada Economy Europe Politics UK Updated US

Canadian pension fund CDPQ puts brakes on China investment – FT

BY Reuters  • June 1, 2023June 1, 2023
(Reuters) -Canada’s second-largest pension fund Caisse de dépôt et placement du Québec (CDPQ) has stopped making private deals in China and will close its Shanghai office this year, the Financia[...]
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Asia Business Canada Economy Updated

RBC says resolving display issue with online, mobile banking

BY Reuters  • June 1, 2023June 1, 2023
OTTAWA (Reuters) – The Royal Bank of Canada is working to resolve a technical issue that is preventing transactions displaying for online and mobile banking clients, the bank said on Twitter.[...]
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