By Maiya Keidan TORONTO (Reuters) – TD Bank Group should abandon or renegotiate its $13.4 billion acquisition of U.S. lender First Horizon as the regional banking crisis has unearthed unknown ri[...]
Read more
Canada
Factbox-TikTok’s Chinese ownership, security concerns spark bans across nations
(Reuters) -The Biden administration has demanded that TikTok’s Chinese owners divest their stakes in the popular video app or face a possible U.S. ban, the company told Reuters this week. The mo[...]
Read more
Dollar skids after soft U.S. economic data; impact of OPEC+ cuts fades
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar stumbled on Monday, surrendering earlier gains following unexpected oil output cuts from OPEC+, as data showed the U.S. economy contin[...]
Read more
Canadian firms’ inflation expectations, recession concerns ease slightly
By Steve Scherer and David Ljunggren OTTAWA (Reuters) -About half of Canadian businesses see a mild recession over the next year, the Bank of Canada said on Monday in a first quarter survey, fewer tha[...]
Read more
Canada’s Rogers closes C$20 billion deal for rival Shaw
(Reuters) – Rogers Communications Inc on Monday said it had closed the takeover of smaller rival Shaw Communications Inc, days after Canada gave its final approval for the C$20 billion ($14.87 b[...]
Read more
Rogers closes deal to acquire Shaw Communications
(Reuters) – Canadian telecommunications company Rogers Communications Inc said on Monday it closed the C$20 billion ($14.87 billion) deal to acquire Shaw Communications. ($1 = 1.3449 Canadian do[...]
Read more
Rogers-Shaw M&A approval raises prospects of political meddling in Canadian dealmaking
(This April 2 story has been corrected to change ‘disagree’ to ‘agree’ in the quote, in paragraph 9) By Maiya Keidan and Divya Rajagopal TORONTO (Reuters) – Canada’[...]
Read more
Canadian factory PMI falls to near three-year low in March
By Fergal Smith TORONTO (Reuters) – Canadian manufacturing activity contracted in March after two months of expansion as economic uncertainty weighed on output and new orders, offsetting easing[...]
Read more
Canada clears C$20 billion Rogers-Shaw deal with tough conditions
By Aditya Soni and Chavi Mehta (Reuters) -Canada on Friday approved Rogers Communications Inc’s C$20 billion ($14.8 billion) buyout of Shaw Communications after securing binding commitments to p[...]
Read more