By Fergal Smith (Reuters) -Canada’s main stock index rose on Monday, helped by gains for energy and financial shares, as oil prices surged and investors grew hopeful that recent turmoil in the g[...]
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Canada
Dollar advances against Japanese yen as banking fears ease
By Saqib Iqbal Ahmed NEW YORK (Reuters) -The dollar rose to a five-day high against the Japanese yen on Monday as authorities’ efforts to rein in worries over the global banking system helped so[...]
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Biden said federal deposit insurance could be tapped further if banks fail
By Andrea Shalal OTTAWA (Reuters) -President Joe Biden said on Friday that federal deposit insurance could be tapped for deposits above $250,000 if other U.S. banks fail, expressing confidence that mi[...]
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Biden says US to likely invest billions in semiconductor packaging in Canada
OTTAWA (Reuters) – The United States will probably be investing billions of dollars in packaging semiconductors in Canada, U.S. President Joe Biden said on Friday during a news conference with C[...]
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US, Canada plan North American chip corridor, starting with IBM expansion
By Stephen Nellis (Reuters) – The United States and Canada said on Friday they would work together to create a bilateral semiconductor manufacturing corridor, as International Business Machines[...]
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Gold miners help lift Toronto market to weekly gain
By Johann M Cherian and Fergal Smith (Reuters) -Canada’s main stock index recouped its earlier decline to close higher on Friday, helped by gains for industrial and gold mining shares, as hopes[...]
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Dollar outshines euro, sterling amid European bank jitters
By Hannah Lang WASHINGTON (Reuters) – The euro and sterling fell sharply against a strengthening dollar on Friday amid lingering nervousness over banks. Banking stocks plunged in Europe with hea[...]
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Investors question Teck on climate even after Canadian miner’s coal spin-out
(This March 21 story has been corrected to say seven years, not decade, in paragraph 6) By Divya Rajagopal and Simon Jessop TORONTO (Reuters) – Investors have yet to embrace Canadian miner Teck[...]
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Financial turbulence widens door to private equity in fast-growing aerospace sector
By Allison Lampert, Abhijith Ganapavaram and Maiya Keidan (Reuters) – Financial sector headwinds are creating fresh openings for private equity investments in aerospace, as suppliers’ need[...]
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