By Ismail Shakil and Steve Scherer OTTAWA (Reuters) -Canada’s annual inflation rate rose in April for the first time in 10 months, data showed on Tuesday, adding pressure on the central bank to[...]
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Canada
Buying Teck’s coal unit as a standalone a ‘distant second’ for Glencore – CEO
LONDON (Reuters) – Buying Teck Resources’ coal business as a standalone unit is a “distant second” for Glencore and Teck should not leave out the Swiss miner if it keeps pursui[...]
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Exclusive-Glencore’s bid for Teck spurs call for Canada pensions to up domestic equity stake
By Divya Rajagopal TORONTO (Reuters) – Glencore’s hostile bid for Teck Resources has galvanized some Canadian institutional investors, who have lobbied the federal government to push the n[...]
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US dollar retreats from five-week high as debt ceiling stalemate weighs
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar fell from a five-week high on Monday, as investors consolidated gains made last week on the greenback and awaited news from Washington[...]
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Exclusive-G7 leaders to target Russian energy, trade in new sanctions steps -sources
By Trevor Hunnicutt and Andreas Rinke WASHINGTON/BERLIN (Reuters) – Leaders of the Group of Seven (G7) nations plan to tighten sanctions on Russia at their summit in Japan this week, with steps[...]
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Canada housing market upturn could delay shift to BoC rate cuts
By Fergal Smith TORONTO (Reuters) – Signs of recovery in Canada’s housing market after a year-long slump, just as higher borrowing costs are expected to slow much of the rest of the econom[...]
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How TikTok sensation Squishmallows found Warren Buffett
By Jonathan Stempel (Reuters) – Squishmallows joined Warren Buffett’s business empire two years after Lady Gaga, Kim Kardashian and others helped make the plush stuffed toys a viral sensat[...]
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G7 plans new vaccine effort for developing nations, Yomiuri reports
TOKYO (Reuters) -The Group of Seven (G7) rich nations is set to agree on establishing a new programme to distribute vaccines to developing countries at next week’s summit of leaders, Japan[...]
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Exclusive-G7 summit statement to target China’s ‘economic coercion’ -source
By Trevor Hunnicutt WASHINGTON (Reuters) -Leaders of the Group of Seven (G7) countries are set to discuss concern about China’s use of “economic coercion” in its dealings abroad as p[...]
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