Wealth Growth Daily

Canada

Canada’s economy gathered pace in May after stalling in April

BY Reuters  • June 30, 2023June 30, 2023
By Ismail Shakil and Nivedita Balu OTTAWA (Reuters) -Canada’s economy regained momentum in May after stalling in April, Statistics Canada data showed on Friday, leaving the door open for the Ban[...]
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Business Canada Economy Updated

Google to block news in Canada over law on paying publishers

BY Reuters  • June 29, 2023June 29, 2023
By Ismail Shakil OTTAWA (Reuters) -Google said on Thursday it plans to block Canadian news on its platform in Canada, joining Facebook in escalating a campaign against a new law requiring payments to[...]
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Business Canada Europe Politics Technology Top News Updated US

Recession bets rise in Canada as sticky inflation points to higher rates

BY Reuters  • June 29, 2023June 29, 2023
By Fergal Smith and Steve Scherer TORONTO (Reuters) – The Bank of Canada’s move to come off the sidelines after a five-month pause has sent a signal that some economic pain will be needed[...]
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Business Canada Economy Updated

Canopy Growth closes sale of California facility amid liquidity worries

BY Reuters  • June 29, 2023June 29, 2023
(Reuters) -Pot producer Canopy Growth said on Thursday it has completed the sale of its facility in Modesto, California as part of its divestitures to raise funding amid liquidity concerns. The sale,[...]
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Business Canada Updated

BlackBerry reports surprise profit on cybersecurity strength

BY Reuters  • June 28, 2023June 28, 2023
(Reuters) – BlackBerry posted a surprise profit for the first quarter on Wednesday as its cybersecurity business benefited from higher client spending, while its enterprise software continued to[...]
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Business Canada Economy Technology

Canadian Broadcasting Corp must face WE Charity defamation lawsuit, U.S. court rules

BY Reuters  • June 28, 2023June 28, 2023
By Jack Queen (Reuters) – The Canadian Broadcasting Corporation (CBC) must face a defamation lawsuit by a U.S. charity alleging the publicly funded news outlet repeatedly aired false claims that[...]
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Business Canada Politics US

UPS working with experts after phishing attack on some shippers, customers

BY Reuters  • June 28, 2023June 28, 2023
(Reuters) -United Parcel Service said on Wednesday it is working with law officials and outside experts following reports of phishing messages that were sent via text messages to certain shippers and[...]
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Business Canada Technology Updated US

Thomson Reuters to buy digital content management company Imagen

BY Reuters  • June 28, 2023June 28, 2023
(Reuters) – Thomson Reuters will buy Imagen, a digital content asset management company, for an undisclosed price, to expand its agency business to new customers, the news and information compan[...]
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Business Canada Economy Technology Updated

Dollar strengthens as Fed’s Powell speaks, yen pressured

BY Reuters  • June 28, 2023June 28, 2023
By Chuck Mikolajczak NEW YORK (Reuters) – The dollar index rose on Wednesday as Federal Reserve Chair Jerome Powell did not rule out the possibility of another rate hike by the central bank at i[...]
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