Wealth Growth Daily

Canada

Fast Retailing’s Uniqlo to add stores in North America

BY Reuters  • April 26, 2023April 26, 2023
By Arriana McLymore NEW YORK (Reuters) – Fast Retailing’s Uniqlo plans to expand its existing stores in North America by 10%, according to one of its executives. Uniqlo is opening six stor[...]
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Asia Business Canada

Bank of Canada rate-cut bets recede as core inflation proves sticky

BY Reuters  • April 26, 2023April 26, 2023
By Fergal Smith TORONTO (Reuters) – Canadian inflation excluding food and energy costs is expected to remain above 3% until the fourth quarter of this year, the median forecast of seven economis[...]
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Business Canada Economy

Teck Resources profit misses estimates as Glencore circles

BY Reuters  • April 26, 2023April 26, 2023
LONDON (Reuters) -Canadian miner Teck Resources, the target of an unsolicited takeover bid by Glencore, narrowly missed first-quarter estimates on Wednesday, hit by lower prices, weak copper and zinc[...]
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Business Canada Economy Europe UK Updated

US dollar, yen gain as risk appetite sours

BY Reuters  • April 25, 2023April 25, 2023
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The safe-haven dollar and yen rose on Tuesday as market sentiment turned risk-averse amid renewed worries about the banking sector and the outloo[...]
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Asia Australia Business Canada Economy Europe UK Updated US

TSX posts biggest decline in 6 weeks amid U.S. bank jitters

BY Reuters  • April 25, 2023April 25, 2023
By Shristi Achar A and Fergal Smith (Reuters) -Canada’s main stock index fell on Tuesday by the most in nearly six weeks as commodity prices fell and investors grew more worried about the health[...]
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Business Canada Economy Updated

Lower output, high costs to pressure Newmont, Barrick earnings

BY Reuters  • April 25, 2023April 25, 2023
By Arunima Kumar (Reuters) – North American gold miners Newmont Corp and Barrick Gold Corp are expected to post lower quarterly profits as a fall in production and higher costs offset gains from[...]
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Business Canada US

Dollar slides as rate cuts priced in; yen falls ahead of BOJ meeting

BY Reuters  • April 24, 2023April 24, 2023
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar fell to a more than one-week low against major currencies on Monday in generally thin trading, as investors continued to price in inte[...]
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Asia Australia Business Canada Economy Europe UK Updated US

Chile’s lithium nationalization shines light on emerging tech

BY Reuters  • April 24, 2023April 24, 2023
By Ernest Scheyder SANTIAGO (Reuters) -Chilean President Gabriel Boric’s plan to nationalize his country’s immense lithium industry is putting the spotlight on an emerging crop of filtrati[...]
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Asia Australia Business Canada Europe Latin America Politics Technology Updated US

Argentina’s lithium pipeline promises ‘white gold’ boom as Chile tightens control

BY Reuters  • April 24, 2023April 24, 2023
By Lucila Sigal BUENOS AIRES (Reuters) – In Argentina’s mountainous north, a strong pipeline of lithium projects close to coming online looks set to unlock a wave of production that could[...]
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