Wealth Growth Daily

Canada

Majority of Ritchie Bros shareholders vote in favor of IAA deal-sources

BY Reuters  • March 10, 2023March 10, 2023
By Svea Herbst-Bayliss NEW YORK (Reuters) – A majority of Canada’s Ritchie Bros shareholders have voted in favor of the company buying U.S. auto retailer IAA in a deal that is valued at ro[...]
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Business Canada Economy US

Canada bans Russian aluminum and steel imports

BY Reuters  • March 10, 2023March 10, 2023
OTTAWA (Reuters) – Canada on Friday banned the import of all Russian aluminum and steel products in a move that Ottawa said was aimed at denying Moscow the ability to fund its war against Ukrain[...]
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Asia Business Canada Economy Europe Politics Top News

Bank of Canada says more evidence needed to know if rates are high enough

BY Reuters  • March 9, 2023March 9, 2023
By Steve Scherer and David Ljunggren OTTAWA (Reuters) – The Bank of Canada needs more evidence to gauge if interest rates are high enough to tame inflation, in part because the economies of majo[...]
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Business Canada Economy

Dollar holds near three-month highs as rates reality kicks in

BY Reuters  • March 9, 2023March 9, 2023
By Rae Wee and Joice Alves SINGAPORE/LONDON (Reuters) – The dollar held near a three-month high on Thursday, underpinned by Federal Reserve Chair Jerome Powell’s message that interest rate[...]
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Asia Australia Business Canada Economy Europe UK Updated US

Blackstone-Thomson Reuters consortium launches sale of $2 billion LSEG stake

BY Reuters  • March 7, 2023March 7, 2023
LONDON (Reuters) – A consortium of Blackstone and Thomson Reuters, the publisher of Reuters News, on Tuesday launched a sale of 23 million shares in the London Stock Exchange Group, according to[...]
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Business Canada Economy Europe UK US

TSX futures mirror strength in U.S. peers ahead of Powell speech

BY Reuters  • March 7, 2023March 7, 2023
(Reuters) – Canadian benchmark stock index futures edged higher on Tuesday, tracking strength in U.S. markets ahead of the Federal Reserve chief’s testimony to the Congress, though weaknes[...]
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Business Canada Economy

TSX set to open lower as commodity prices weigh

BY Reuters  • March 6, 2023March 6, 2023
(Reuters) – Futures for Canada’s main stock index edged lower on Monday, setting the TSX up to snap a three-session winning streak, as commodity prices weakened after top-consumer China se[...]
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Business Canada Economy

Miners grow anxious as Canada tightens foreign investment rules

BY Reuters  • March 5, 2023March 5, 2023
By Divya Rajagopal TORONTO (Reuters) – Junior mining companies hoping to produce lithium, nickel and other green energy metals are worried that Canada’s crackdown on some overseas investor[...]
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Business Canada

TSX snaps weekly losing streak as investors cheer Chinese data

BY Reuters  • March 4, 2023March 4, 2023
By Johann M Cherian and Fergal Smith (Reuters) – Canada’s commodity-heavy main stock index rose on Friday to its highest closing level in more than two weeks as encouraging economic data f[...]
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Business Canada Economy Updated
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