(Reuters) – Shares of Canada’s Canopy Growth fell 6.5% on Friday after the pot producer posted a wider quarterly loss over the previous year and raised doubts about the company’s abi[...]
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Canada
Dollar higher on safety bid as data spurs growth worries
By Saqib Iqbal Ahmed NEW YORK (Reuters) -The dollar rose against the euro on Friday after dismal business activity data from around the globe soured risk sentiment and as hawkish comments from central[...]
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Carnival set to post strong revenue growth as new, younger customers drive demand
By Granth Vanaik (Reuters) – Carnival is expected to post robust second-quarter revenue growth as new and younger customers, undeterred by high inflation, spend on novel experiences such as crui[...]
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Facebook to end news access in Canada over incoming law on paying publishers
By Ismail Shakil and David Ljunggren OTTAWA (Reuters) -Meta Platforms Inc plans to end access to news on Facebook and Instagram for all users in Canada once a parliament-approved legislation requiring[...]
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Dollar up on risk aversion; sterling, Swiss franc slip despite rate hikes
By Saqib Iqbal Ahmed NEW YORK (Reuters) -The U.S. dollar advanced against a basket of currencies on Thursday after Fed Chair Jerome Powell backed more U.S. rate increases albeit at a “careful pa[...]
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Big central banks are still hiking rates but eye the end
LONDON (Reuters) – Inflation is cooling, meaning major central banks can start to think about ending interest rate hikes even if most are not there just yet. The Bank of England, an outlier in s[...]
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Analysis-Smaller aerospace suppliers scramble for titanium, workers in shadow of travel boom
By Allison Lampert and Aditi Shah PARIS/NEW DELHI (Reuters) – Standing at a small booth among a row of other Japanese aerospace suppliers at the Paris Airshow, Yoko Konno is excited at the prosp[...]
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Cash-strapped Casino to sell participation in Brazil’s Assai
PARIS (Reuters) – Heavily indebted French supermarket chain Casino on Thursday announced it would sell its residual equity stake in Brazilian retailer Assai, representing around 12% of the compa[...]
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Dollar dips as Powell testimony disappoints hawks
By Saqib Iqbal Ahmed NEW YORK (Reuters) -The U.S. dollar fell against a basket of currencies on Wednesday after Federal Reserve Chair Jerome Powell’s comments on the central bank’s ongoing[...]
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