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Instant View: Bank of Canada surprises with smaller-than-expected interest rate increase
TORONTO (Reuters) - The Bank of Canada announced a smaller-than-expected 50-basis point rate hike on Wednesday and said future increases would be influenced by its assessment of how tighter policy was...
Oct 26, 2022
Bank of Canada surprises with 50 bps hike, says slight recession possible
By Julie Gordon and David Ljunggren OTTAWA (Reuters) - The Bank of Canada announced a smaller-than-expected interest rate hike on Wednesday and made clear more increases were still needed, even as it ...
Oct 26, 2022
Shaw Communications jumps after Canada’s intervention in Rogers deal
(Reuters) - Shaw Communications Inc's shares jumped nearly 9% on Wednesday after the federal government's intervention late on Tuesday was seen as a sign that Canada was likely to approve Rogers Commu...
Oct 26, 2022
Ford to exit Russia after JV stake sale
(Reuters) -Ford Motor Co said on Wednesday it would exit Russia, after the U.S. automaker finalized a deal to sell its 49% stake in the Sollers Ford joint venture. "Ford shares will be transferred to ...
Oct 26, 2022
U.S. SEC to vote on executive compensation clawback rule
By John McCrank (Reuters) - The U.S. Securities and Exchange Commission on Wednesday will vote on whether to adopt a rule that would expand the regulator's powers to clawback executives' compensation ...
Oct 26, 2022
Argentine lawmakers okay 2023 budget bill in overnight session
By Walter Bianchi BUENOS AIRES (Reuters) - Argentina's lower house of Congress on Wednesday passed President Alberto Fernandez's 2023 budget bill after a lengthy, overnight session marked by heated de...
Oct 26, 2022
U.S. auto sales to rise in October as supply chains improve – report
(Reuters) - U.S. auto retail sales are expected to rise in October as supply chain snags ease, making more vehicles available at dealerships amid higher demand, an industry report from consultants J.D...
Oct 26, 2022
U.S. carrier Alaska exercises options to buy 52 more MAX jets from Boeing
(Reuters) - Alaska Airlines will exercise options to purchase 52 more 737 MAX jets from U.S. planemaker Boeing Co as the carrier phases out Airbus SE aircraft from its fleet, the company said on Wedne...
Oct 26, 2022
U.S. goods trade deficit widens in September
WASHINGTON (Reuters) - The U.S. trade deficit in goods widened in September amid declining exports and rising imports, but that will probably not change expectations that trade led an anticipated rebo...
Oct 26, 2022
Temasek shifts president, CFO in management shuffle
(Reuters) - Singapore's Temasek Holdings said on Wednesday President Tan Chong Lee will resign to take up the role as chief executive officer at its fund management firm 65 Equity Partners. In a slew ...
Oct 26, 2022
Peoria, IL, USA
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