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Canada

Dollar dips as job openings fall, Fed meeting in focus

BY Reuters  • May 2, 2023May 2, 2023
By Karen Brettell NEW YORK (Reuters) – The dollar fell Tuesday after data showed that U.S. job openings fell in March, a day before the Federal Reserve is expected to hike interest rates by an a[...]
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Asia Australia Business Canada Economy Europe UK Updated US

Perfect storm in Minnesota labor market is worrying harbinger for the Fed

BY Reuters  • May 2, 2023May 2, 2023
By Howard Schneider FARIBAULT, Minnesota (Reuters) – Demand for Daikin Applied Americas Inc’s climate control equipment is soaring, and worker recruitment is in hyperdrive, with hiring tri[...]
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Business Canada Economy Environment Health Top News Updated US

Glencore in hot pursuit of Teck as it seeks copper assets

BY Reuters  • May 2, 2023May 2, 2023
(Reuters) – Canadian Prime Minister Justin Trudeau said in an interview to Bloomberg Television last week that any takeover bid for Teck Resources Ltd would have to get through a “rigorous[...]
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Business Canada Economy Europe Updated

Canada’s regulator seeks information on RBC’s $13.5 billion takeover of HSBC unit

BY Reuters  • May 1, 2023May 1, 2023
(Reuters) – Canada’s Competition Bureau on Monday sought information about Royal Bank of Canada’s $13.5 billion takeover of HSBC’s Canada business. The deal is the biggest acqu[...]
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Asia Business Canada Economy Europe UK US

BlackBerry to review strategic options for its business

BY Reuters  • May 1, 2023May 1, 2023
(Reuters) -BlackBerry will conduct a review of strategic alternatives, which includes the possible separation of one or more of its businesses, the Canadian technology company said on Monday. The comp[...]
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Business Canada Technology Updated

US Treasury to allow auction of shares in Citgo Petroleum’s parent

BY Reuters  • May 1, 2023May 1, 2023
HOUSTON (Reuters) -The U.S. will not block a court auction of shares in oil refiner Citgo Petroleum Corp’s parent, Justice Department officials told a federal court, paving the way for a potenti[...]
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Business Canada Latin America Politics Updated US

American Airlines pilots authorize a strike mandate

BY Reuters  • May 1, 2023May 1, 2023
By Allison Lampert (Reuters) -North American pilots took fresh steps on Monday to press for workforce gains, with American Airlines Group Inc pilots backing a strike mandate and Air Canada pilots supp[...]
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Business Canada Economy Updated US

US dollar firms as inflation data backs Fed hike; yen plunges

BY Reuters  • April 28, 2023April 28, 2023
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The U.S. dollar rose on Friday after data showed inflation grew in March, though at a slower pace, keeping the Federal Reserve still firmly on tr[...]
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Asia Australia Business Canada Economy Europe UK Updated US

High inflation still top concern for global economy, say economists: Reuters poll

BY Reuters  • April 28, 2023April 28, 2023
By Hari Kishan BENGALURU (Reuters) – Persistently high inflation remains the biggest economic concern this year even as most central banks are at or near the end-game for rate rises, according t[...]
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