By Fergal Smith TORONTO (Reuters) – As the Bank of Canada considers ditching oversized interest rate hikes, it is dealing…
‘No sacred cows’ as pipeline company TC Energy prepares for C$5 billion asset sales
By Rod Nickel WINNIPEG, Manitoba (Reuters) – As TC Energy Corp prepares to unload C$5 billion ($3.7 billion) in assets…
U.S. Fed proposes plan for banks to manage climate-linked financial risk
By Chris Prentice WASHINGTON (Reuters) -The U.S. Federal Reserve Board on Friday joined other key banking regulators in proposing a…
TSX pares weekly gain as investors brace for further rate hikes
By Fergal Smith TORONTO (Reuters) – Canada’s main stock index fell on Friday, including declines for financials and technology, as…
U.S. judge dismisses indictment against Huawei CFO that strained U.S.-China relations
By Karen Freifeld and Jonathan Stempel NEW YORK (Reuters) – A U.S. judge on Friday dismissed an indictment against Meng…
Dollar gives back gains, strong wage growth complicates Fed policy
By Karen Brettell NEW YORK (Reuters) – The dollar dipped on Friday as a Federal Reserve official said rate hikes…
C$ posts weekly decline as U.S. jobs data rattles investors
By Fergal Smith TORONTO (Reuters) – The Canadian dollar weakened against its U.S. counterpart on Friday as domestic jobs data…
CIBC to appeal New York court’s ruling in Cerberus lawsuit
(Reuters) – Canadian Imperial Bank of Commerce (CIBC) said on Friday it would appeal a New York court’s ruling in…
Global central banks extend rate hike push in November
By Karin Strohecker and Vincent Flasseur LONDON (Reuters) – The pace and scale of rate hikes delivered by central banks…
Germany’s Scholz welcomes Biden’s openness to tweaking U.S. inflation act
BERLIN (Reuters) – German Chancellor Olaf Scholz welcomed comments by U.S. President Joe Biden that he is open to tweaking…