By Divya Rajagopal TORONTO (Reuters) -The Credit Roundtable, a lobby group of some of the biggest fixed income asset managers from the United States and Canada, has decided not to take legal action ag[...]
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Canada
Bombardier lifts 2025 financial targets, production amid strong business jet market
By Allison Lampert and Abhijith Ganapavaram MONTREAL (Reuters) -Business jet maker Bombardier Inc on Thursday raised 2025 revenue and free cash targets at its investor day and said it would produce mo[...]
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Energy and financial shares drag Toronto market lower
By Johann M Cherian and Fergal Smith (Reuters) -Canada’s key stock index fell on Thursday as the energy and financial sectors lost ground, while shares of Bombardier Inc rallied after the compan[...]
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Dollar pares losses after central banks raise rates
By Hannah Lang WASHINGTON (Reuters) – The dollar pared earlier losses on Thursday after the U.S. Federal Reserve sounded close to calling time on interest rate hikes, while the Swiss National Ba[...]
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Explainer-Credit Suisse bondholders seek legal advice on AT1 wipe-out
By Naomi Rovnick, Chiara Elisei and Kirstin Ridley LONDON (Reuters) – Credit Suisse bondholders are seeking legal advice after the Swiss regulator ordered 16 billion Swiss francs ($17.5 billion)[...]
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Exclusive-Canada budget to have tax credit for equipment used to produce EVs -sources
By Steve Scherer OTTAWA (Reuters) – Canada will introduce in its budget next week a 30% investment tax credit to boost clean-tech manufacturing, especially in the electric vehicle (EV) supply ch[...]
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The long-running crisis at Japan’s Toshiba
By Makiko Yamazaki TOKYO (Reuters) – Toshiba Corp’s board on Thursday accepted a buyout offer from a group led by private equity firm Japan Industrial Partners (JIP), ending months of spec[...]
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Dollar falls after Fed raises rates, indicates one more hike ahead
By Hannah Lang WASHINGTON (Reuters) – The dollar slid on Wednesday after the U.S. Federal Reserve raised its key rate by a quarter of a percentage point, as widely expected, and pointed to just[...]
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Bank of Canada fretted inflation could ‘get stuck’ above 2%, minutes show
By Steve Scherer and David Ljunggren OTTAWA (Reuters) -The Bank of Canada was concerned about inflation sticking above its 2% target and agreed there might be a need to tighten monetary policy further[...]
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