By Karen Freifeld (Reuters) – U.S. prosecutors on Thursday asked a judge to dismiss bank fraud and other charges against…
TSX rises to near 6-month high as tech sector rallies
By Fergal Smith TORONTO (Reuters) – Canada’s main stock index rose on Thursday to its highest closing level in nearly…
Fisker rejects short-seller’s allegations; says no bank guarantee with partner Magna
(Reuters) – Electric-vehicle maker Fisker Inc said on Thursday that it does not have a bank guarantee with manufacturing partner…
C$ dips against greenback; falls harder vs other G10 currencies
By Fergal Smith TORONTO (Reuters) – The Canadian dollar weakened against its U.S. counterpart on Thursday as investors reduced bets…
Canadian banks gird for loan loss threat as economic outlook sours
By Mehnaz Yasmin and Niket Nishant (Reuters) -Canadian Imperial Bank of Commerce (CIBC), Bank of Montreal and Toronto-Dominion Bank on…
Canadian factory sector activity slows for fourth month
TORONTO (Reuters) – Canadian manufacturing activity weakened for a fourth straight month in November as worries that the economy would…
Reuters poll: BoC to keep up pace with 50 basis point December rate hike -economists
By Indradip Ghosh BENGALURU (Reuters) – The Bank of Canada will hike its key interest rate by another 50 basis…
German parliament votes to ratify CETA trade agreement with Canada
BERLIN (Reuters) – Germany’s Bundestag lower house of parliament voted by a majority on Thursday to back the ratification of…
VW eyes Canada in search for first North America cell plant – source
BERLIN (Reuters) – Volkswagen and its battery subsidiary PowerCo SE have begun searching for a site for the carmaker’s first…
Bank of Montreal posts lower quarterly profit as capital markets slump
(Reuters) – Canada’s Bank of Montreal posted a lower fourth-quarter profit on Thursday, as revenue from its capital markets business…