ROME (Reuters) – Carmaker Stellantis said on Monday it had invested $155 million to buy a minority stake in a copper mine in Argentina as part of its global push to secure raw materials for elec[...]
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Canada
U.S. to loan Li-Cycle $375 million for New York recycling plant
By Ernest Scheyder (Reuters) – The U.S. Energy Department on Monday said it will lend Li-Cycle Holdings Corp $375 million as it builds a battery recycling facility in New York set to become one[...]
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U.S. dollar holds seven-week high after strong inflation data
By Laura Matthews NEW YORK (Reuters) – The dollar held a seven-week peak on Friday, as another round of data showing still-high inflation reinforced expectations that interest rates could stay h[...]
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Canada’s TD gets regulatory nod for $1.3 billion purchase of Cowen
(Reuters) – Canada’s Toronto-Dominion Bank has received all regulatory approvals to complete its $1.3 billion acquisition of New York-based boutique investment bank Cowen Inc, the companie[...]
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Higher provisions, legal charges dampen CIBC’s quarterly profit
(Reuters) -Canadian Imperial Bank of Commerce (CIBC) reported a fall in its first-quarter profit on Friday, weighed down by higher provisions and legal charges to settle a lawsuit tied to the 2008 glo[...]
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Canada has firepower to invest billions in green transition, analysts say
By Steve Scherer OTTAWA (Reuters) – Canada has the firepower to invest billions of dollars in the green transition over the coming years to make it more competitive with the United States, analy[...]
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Airports, airlines rein in summer plans to avoid repeat of last year’s chaos
By Allison Lampert, Joanna Plucinska and Toby Sterling (Reuters) – Airports are taking steps to avoid gridlock during the upcoming holiday travel seasons, with some limiting flights during peak[...]
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Canadian privacy regulators launch joint investigation into TikTok
By Ismail Shakil OTTAWA (Reuters) -Canada is launching a joint federal and provincial investigation into short-video app TikTok over concerns about the Chinese-owned platform’s collection, use a[...]
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G20 finance leaders to gauge toll on global economy on Ukraine war’s anniversary
By David Lawder BENGALURU (Reuters) – Global finance leaders will tally the economic damage from Russia’s war in Ukraine on Friday as they meet on the conflict’s first anniversary wi[...]
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