By Divya Rajagopal and Saeed Azhar TORONTO/NEW YORK (Reuters) – Royal Bank of Canada’s swift move to buy HSBC’s Canada unit for C$13.5 billion ($10 billion) strengthens its pole posi[...]
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Europe
Yen gains before Powell speech, Aussie jumps
By Karen Brettell NEW YORK (Reuters) – The greenback edged lower against the Japanese yen on Tuesday with Federal Reserve chairman Jerome Powell due to speak on Wednesday, while the Aussie dolla[...]
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Oil up on China COVID hopes, but OPEC+ output concerns offset gains
By Laila Kearney NEW YORK (Reuters) -Oil rose on Tuesday on expectations for a loosening of China’s strict COVID-19 controls, but concerns that OPEC+ would keep its output unchanged at its upcom[...]
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Canadian regulators to review sale of HSBC’s Canada business to RBC
By Divya Rajagopal and Kanishka Singh TORONTO (Reuters) -Canadian regulators will review the sale of HSBC’s business in Canada to Royal Bank of Canada for C$13.5 billion ($10 billion) in cash, t[...]
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IMF and WTO leaders warn don’t ‘pull the plug’ on global trade
By Andreas Rinke (Reuters) – The leaders of the International Monetary Fund and the World Trade Organization on Tuesday warned against the negative impact of deglobalization for the global econo[...]
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Bank of Russia open to relaxing curbs on non-residents transactions if sanctions eased
MOSCOW (Reuters) – Russia is open to relaxing restrictions on transactions by so-called unfriendly non-residents in exchange for the un-freezing of Russian assets abroad, its central bank said o[...]
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Credit Suisse rights sell-off spells worst year for its shares
By Danilo Masoni MILAN (Reuters) – Credit Suisse shares slid below 3 Swiss francs on Tuesday as investors dumped rights to subscribe to new shares in a cash call aimed at raising $2.3 billion fo[...]
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Europe’s STOXX 600 closes slightly lower; focus on euro zone inflation data
By Susan Mathew and Devik Jain (Reuters) – Europe’s STOXX 600 index slipped in cautious trading on Tuesday as a fall in technology and chemicals stocks offset a rally in commodity-linked s[...]
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Renault, Nissan clear calendar for potential Dec deal -sources
By Maki Shiraki, Gilles Guillaume and Norihiko Shirouzu TOKYO/PARIS/BEIJING (Reuters) – Renault and Nissan have readied plans to announce a potential deal on a restructured alliance as early as[...]
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