By Nivedita Balu TORONTO (Reuters) -Canada’s no.2 lender TD Bank Group will push ahead with its U.S. expansion by focusing on organic growth, after its M&A-led strategy in the world’s[...]
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Canada
Nippon Steel still in talks with Teck as it seeks stake in coal asset
By Yuka Obayashi and Mayu Sakoda TOKYO (Reuters) -Nippon Steel Corp is still in talks with Teck Resources, despite Glencore’s bid for the Canadian miner, as Japan’s top steelmaker remains[...]
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Air Canada ground stop lifted after technical issue
MONTREAL (Reuters) -Air Canada said on Thursday that a precautionary ground stop on its flights has been lifted after the country’s largest carrier faced a technical issue. Air Canada said in a[...]
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Grain trader Viterra in talks to merge with rival Bunge – source
By Anirban Sen and Karl Plume (Reuters) -Global grain trader Viterra is in talks to merge with U.S. rival Bunge Ltd, a person familiar with the matter said, in a potential mega deal that would reshape[...]
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Canada April factory sales most likely down 0.2% – Statscan flash estimate
OTTAWA (Reuters) – Canadian factory sales most likely fell 0.2% in April from March, largely driven by the food and primary metal industries, Statistics Canada said in a flash estimate on Thursd[...]
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Euro lower as Germany enters recession, dollar scales 2-month peak
By Samuel Indyk LONDON (Reuters) – The euro fell on Thursday as Europe’s largest economy Germany was confirmed to be in a recession, while the dollar hit a two-month peak, benefitting from[...]
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CIBC posts lower second-quarter profit on loan loss provisions
(Reuters) -CIBC reported a decline in second-quarter profit on Thursday, as the Canadian lender set aside higher provisions to prepare for soured loans due to a challenging economy. The results follow[...]
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Stocks set for range trading as central banks near end game – Reuters poll
By Hari Kishan BENGALURU (Reuters) – Global stock indices will end this year higher than where they started it but most are set to be confined to ranges in coming months even as central banks ap[...]
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HSBC puts global footprint under fresh scrutiny, considers dozen exits
By Lawrence White LONDON (Reuters) -HSBC is reviewing a possible exit from as many as a dozen countries, or one in five of the markets it operates in, to sharpen its focus on Asian expansion, Chief Fi[...]
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