Wealth Growth Daily

Canada

Canada Goose caution on U.S. eclipses upbeat annual sales forecast

BY Reuters  • May 18, 2023May 18, 2023
By Deborah Mary Sophia (Reuters) – Canada Goose Holdings Inc on Thursday struck a cautious note on its business in the United States as luxury spending cooled in the market, overshadowing an upb[...]
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Asia Business Canada Updated

Analysis-GM’s 2025 EV output could be crimped by battery bottleneck

BY Reuters  • May 18, 2023May 18, 2023
By Paul Lienert (Reuters) – General Motors has said it will have the capacity to build 1 million electric vehicles in North America by 2025, but a slow ramp-up of its three U.S. battery plants c[...]
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Asia Business Canada Europe Technology US

WestJet pay debate sets scene for Air Canada’s pilots

BY Reuters  • May 18, 2023May 18, 2023
By Allison Lampert MONTREAL (Reuters) – A faceoff this week between WestJet Airlines and its pilots over pay could set the stage for aviators’ demands in future bargaining with Air Canada.[...]
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Business Canada Economy

Analysis-Overexposed US regional banks could sell commercial property loans

BY Reuters  • May 18, 2023May 18, 2023
By Matt Tracy (Reuters) -Many U.S. regional lenders may have to consider selling off commercial real estate (CRE) loans at a steep discount after breaching key regulatory thresholds for exposure to th[...]
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Business Canada Economy Updated US

US dollar hits seven-week peak after solid data; US debt risks in focus

BY Reuters  • May 17, 2023May 17, 2023
By Gertrude Chavez-Dreyfuss and Joice Alves NEW YORK/LONDON (Reuters) – The dollar rose to a seven-week high on Wednesday, boosted by safe-haven bets amid the risk of a U.S. debt default, with t[...]
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Asia Australia Business Canada Economy Europe UK Updated US

EV maker Fisker is exploring collaboration with other companies, CEO says

BY Reuters  • May 17, 2023May 17, 2023
By Victoria Waldersee and Joseph White MUNICH (Reuters) – Electric car maker Fisker Inc is exploring collaboration with other companies to scale up market share faster, Chief Executive Henrik Fi[...]
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Business Canada Europe Technology US

Blackstone, Thomson Reuters consortium sells $3.4 billion LSEG shares at discount

BY Reuters  • May 17, 2023May 17, 2023
(Reuters) -An investor consortium including U.S. buyout firm Blackstone and Thomson Reuters sold 33 million shares in the London Stock Exchange Group worth about 2.7 billion pounds ($3.41 billion), a[...]
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Business Canada Europe UK Updated US

Japan embraces G7’s gas support but companies may face long-term problems

BY Reuters  • May 17, 2023May 17, 2023
By Katya Golubkova, Yuka Obayashi and Kate Abnett TOKYO (Reuters) – Japan’s energy companies were quick to embrace the G7’s support for natural gas investment in their statement last[...]
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Asia Business Canada Environment Europe Politics UK US

WestJet union seeks to narrow pay gap between Canada and U.S. pilots as strike looms

BY Reuters  • May 16, 2023May 16, 2023
By Allison Lampert (Reuters) – Higher pay remains an obstacle for Canada’s WestJet Airlines and its pilots to secure an agreement and avert a possible work stoppage on Friday, as a smaller[...]
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Business Canada Economy
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