Wealth Growth Daily

Canada

U.S. dollar struggles, pound hits one-year high

BY Reuters  • May 8, 2023May 8, 2023
By Laura Matthews and Alun John NEW YORK/LONDON (Reuters) – The dollar remained relatively weaker against most of its major peers on Monday, as traders wait for the Federal Reserve to acknowledg[...]
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Asia Australia Business Canada Economy Europe UK Updated US

Red metal rising: Argentina sets lofty sights on global copper top 10

BY Reuters  • May 8, 2023May 8, 2023
By Lucila Sigal BUENOS AIRES (Reuters) – Argentina, known better for its Malbec than its mining, has its sights set on becoming a top ten copper producer by 2030, with an investor friendly stanc[...]
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Business Canada Europe Latin America US

Berkshire shareholders reject climate, diversity proposals; keep Buffett as chairman

BY Reuters  • May 6, 2023May 6, 2023
By Jonathan Stempel OMAHA, Nebraska (Reuters) – Berkshire Hathaway Inc shareholders on Saturday overwhelmingly rejected six proposals for environmental, social and governance changes at Warren B[...]
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Business Canada Economy US

U.S. regional banks rally, capping whipsaw week

BY Reuters  • May 5, 2023May 5, 2023
By Manya Saini and Chibuike Oguh (Reuters) – Shares in PacWest Bancorp jumped nearly 82% amid a broader rebound in U.S. regional banks on Friday after analysts upgraded a number of lenders they[...]
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Business Canada Economy Updated US

Dollar dips against euro as jobs gains offset by negative revisions

BY Reuters  • May 5, 2023May 5, 2023
By Karen Brettell NEW YORK (Reuters) – The dollar gave back earlier gains against the euro but stayed stronger against the yen on Friday after jobs gains and wage growth for April beat economist[...]
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Asia Australia Business Canada Economy Europe UK Updated US

Air Canada raises full-year core profit outlook on strong demand

BY Reuters  • May 5, 2023May 5, 2023
(Reuters) -Air Canada on Thursday raised its full-year forecast for core profit, citing a stronger-than-anticipated demand environment and lower-than-expected fuel costs. Shares of Canada’s larg[...]
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Business Canada Updated

US restaurants finally get labor relief with more workers seeking jobs

BY Reuters  • May 5, 2023May 5, 2023
By Hilary Russ NEW YORK (Reuters) – More job seekers are filling out applications to sling Big Macs at McDonald’s, and Starbucks baristas are staying in their jobs longer, as a cooling eco[...]
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Business Canada Economy Updated US

Ukraine’s nuclear deal with Canada’s Cameco carries big risks, rewards

BY Reuters  • May 5, 2023May 5, 2023
By Rod Nickel and Pavel Polityuk WINNIPEG, Manitoba/KYIV (Reuters) – Ukraine’s 12-year deal to buy enough uranium from Canadian miner Cameco Corp to power all of its nuclear reactors gives[...]
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Business Canada Europe Top News

Bank of Canada may hike rates further if inflation gets stuck above 2% – Macklem

BY Reuters  • May 4, 2023May 4, 2023
By Steve Scherer and David Ljunggren OTTAWA, May 4 (Reuters) – Canadian inflation risks getting stuck significantly above the Bank of Canada’s 2% target, and if that happens the central ba[...]
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Business Canada Economy
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