Wealth Growth Daily

Canada

Lockheed Martin taps strong defense demand to beat results estimates

BY Reuters  • April 18, 2023April 18, 2023
By Mike Stone and Shivansh Tiwary (Reuters) -U.S. weapons maker Lockheed Martin Corp’s first-quarter results surpassed Wall Street targets on Tuesday despite parts and labor shortages, as simmer[...]
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Business Canada Europe Politics Updated US

Teck’s base metals business attracts offers from Freeport, Vale, Anglo – sources

BY Reuters  • April 18, 2023April 18, 2023
By Mrinmay Dey (Reuters) -Teck Resources Ltd has been approached by Vale SA, Anglo American Plc and Freeport-McMoRan Inc among others to explore deals for its base metals business if the Canadian copp[...]
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Business Canada Europe Latin America UK Updated US

Glencore courts 120 Teck investors for bid backing as spinoff vote looms -source

BY Reuters  • April 18, 2023April 18, 2023
LONDON (Reuters) -Glencore executives have met or spoken with some 120 Teck Resources shareholders during a short visit to Toronto to try to win support for the company’s takeover bid rather tha[...]
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Business Canada Economy Europe UK Updated US

Dollar gains after strong New York factory survey

BY Reuters  • April 17, 2023April 17, 2023
By Herbert Lash and Harry Robertson NEW YORK/LONDON (Reuters) – The dollar rose on Monday after New York state factory activity in April increased for the first time in five months, helping bols[...]
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Asia Australia Business Canada Economy Europe UK Updated US

VinFast ships 2nd batch of longer-range electric SUVs to North America

BY Reuters  • April 17, 2023April 17, 2023
HANOI (Reuters) – Vietnam’s electric vehicle maker VinFast said on Monday it had shipped a second batch of 1,879 longer-range VF 8 sport utility vehicles (SUVs), as it seeks to expand its[...]
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Asia Business Canada Economy Technology US

Big copper deals to take centerstage in Santiago as demand heats up

BY Reuters  • April 16, 2023April 16, 2023
SANTIAGO (Reuters) – Global copper producers are converging in Chile this week for their largest gathering since 2019, with talks expected to center on the industry’s growing M&A wave[...]
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Asia Australia Business Canada Europe Latin America UK US

TSX notches 6-week high as investors cheer US bank earnings

BY Reuters  • April 14, 2023April 14, 2023
By Fergal Smith (Reuters) -Canada’s main stock index edged up on Friday to its highest closing level in six weeks, helped by gains for energy and financial shares, while weaker gold prices drove[...]
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Business Canada Economy Updated

Dollar bounces off one-year low, weak retail sales not as bad as feared

BY Reuters  • April 14, 2023April 14, 2023
By Karen Brettell NEW YORK (Reuters) – The dollar index bounced off a one-year low against a basket of currencies on Friday after some March retail sales components were not as weak as some econ[...]
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Asia Australia Business Canada Economy Europe UK Updated US

Bank of Canada discussed raising rates at latest policy meeting -governor

BY Reuters  • April 14, 2023April 14, 2023
(Reuters) – The governing council of the Bank of Canada discussed raising interest rates at its policy meeting earlier this week before deciding to leave them on hold, the central bank’s g[...]
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Business Canada Economy
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