Wealth Growth Daily

Canada

HSBC, Scotiabank hit with US penalties over employees’ use of personal devices

BY Reuters  • May 11, 2023May 11, 2023
By Chris Prentice WASHINGTON (Reuters) -U.S. regulators on Thursday slapped units of Bank of Nova Scotia and HSBC Holdings Plc with civil penalties for widespread recordkeeping violations through empl[...]
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Asia Business Canada Economy Updated US

Buffett’s Dairy Queen sees Taiwan among possible new markets, while mindful of geopolitics

BY Reuters  • May 11, 2023May 11, 2023
By Jonathan Stempel (Reuters) – Berkshire Hathaway-owned Dairy Queen is exploring options to expand in new markets, perhaps including Taiwan, the company’s CEO said, even as geopolitical c[...]
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Asia Australia Business Canada Economy Europe US

Dollar in holding pattern, inflation data provides little clarity on rates

BY Reuters  • May 10, 2023May 10, 2023
By Laura Matthews NEW YORK (Reuters) – The dollar remained stable against a basket of currencies on Wednesday as data showed inflation slowed slightly more than expected last month but gave trad[...]
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Asia Australia Business Canada Economy Europe UK Updated US

Coffee chain Tim Hortons to open stores in South Korea

BY Reuters  • May 10, 2023May 10, 2023
NEW YORK (Reuters) – North American coffee shop chain Tim Hortons will enter the retail market in South Korea later this year, its parent company Restaurant Brands International said in a statem[...]
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Asia Business Canada US

Trulieve Cannabis misses revenue estimates on weak demand

BY Reuters  • May 10, 2023May 10, 2023
By Ankit Kumar and Mrinalika Roy (Reuters) -Trulieve Cannabis Corp posted a bigger-than-expected fall in first-quarter revenue on Wednesday, as demand for pot and related products weakened amid rising[...]
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Business Canada Politics Updated US

Dollar edges up as markets await debt-ceiling talks, inflation data

BY Reuters  • May 9, 2023May 9, 2023
By Laura Matthews NEW YORK (Reuters) – The dollar edged up against most major peers on Tuesday as traders, seeing no immediate breakthroughs on the U.S. debt-ceiling talks, look to new inflation[...]
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Asia Australia Business Canada Economy Europe UK Updated US

Li-Cycle and Glencore unveil plans for recycling hub in Italy

BY Reuters  • May 9, 2023May 9, 2023
(Reuters) – Battery recycler Li-Cycle Holdings Corp said on Tuesday it planned to develop a recycling hub in Italy along with Swiss miner and commodity trader Glencore Plc to produce battery mat[...]
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Business Canada Economy Europe

Canada’s Cenovus Energy shuts down some production due to Alberta wildfire

BY Reuters  • May 8, 2023May 8, 2023
(Reuters) – Canada’s Cenovus Energy Inc said on Monday it has shut down production plants in some areas of its conventional business, due to wildfires in Alberta. The company added that pr[...]
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Business Canada Economy Environment

Crypto stocks drop after Binance halts bitcoin withdrawals for hours

BY Reuters  • May 8, 2023May 8, 2023
By Jaiveer Shekhawat (Reuters) -Shares of cryptocurrency- and blockchain-related companies fell in early trading hours on Monday after Binance halted its bitcoin withdrawals for several hours due to h[...]
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Business Canada Economy Technology Updated US
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