By Divya Rajagopal TORONTO (Reuters) – Glencore Plc Chief Executive Gary Nagle plans to meet with some of Teck Resources Ltd’s Canadian shareholders in Toronto this Thursday to personally[...]
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Canada
Dollar gains on Fed rate hike bets, yen dips on Ueda comments
By Karen Brettell NEW YORK (Reuters) – The dollar firmed on Monday after Friday’s solid jobs report boosted expectations for a U.S. interest rate hike in May, while the yen weakened as new[...]
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Teck Resources pushes for restructuring, repeats rejection of unsolicited Glencore bid
By Clara Denina and Mrinalika Roy (Reuters) -Canada’s Teck Resources on Monday reinforced its rejection of an unsolicited $22.5 billion bid from Glencore, saying the implied value was “an[...]
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Bank of Canada seen on hold even as economy accelerates
By Fergal Smith TORONTO (Reuters) -The Bank of Canada is expected to take in stride surprising recent economic strength and leave interest rates unchanged at its meeting on Wednesday, pinning its hope[...]
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Canada’s budget measures brighten funding prospects for critical miners
By Divya Rajagopal TORONTO (Reuters) – Canada’s move to expand the investment tax credit for mining companies to align it with policies in the United States is accelerating funding talks f[...]
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Brazil prosecutors seek $2.5 billion in damages from alleged orange juice cartel
By Ricardo Brito (Reuters) -Giants of the orange juice trade in Brazil have become defendants in a class-action lawsuit seeking $2.5 billion in damages over an alleged scheme to fix prices between 199[...]
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Unstable markets drag Canadian M&A, debt issuance to four-year low
By Maiya Keidan TORONTO (Reuters) -Canadian dealmakers are optimistic about a return to strength in the second half of the year after mergers and acquisitions in the first quarter dropped to pandemic[...]
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Canadian telcos say networks hit by power outages from ice storm
(Reuters) – Canadian telecom companies said on Thursday their services in the southeastern part of the country were impacted due to widespread power outages caused by an ice storm a day ago. Ser[...]
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Honda recalls SUVs in cold weather U.S. states over rust risk
By David Shepardson (Reuters) – Honda Motor said Thursday it is recalling 563,000 CR-V sport utility vehicles sold or registered in cold weather U.S. states because road salt may cause the frame[...]
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