Canadian Pacific Railway (CP.TO) said on Friday it was willing to re-engage with Kansas City Southern (KSU.N), without raising its offer for the U.S. railroad operator, hoping that rival Canadian National Railway’s (CNR.TO) bid would be shot down by a U.S. tr…
U.S. factory activity gathered speed in early May amid strong domestic demand, but backlogs of uncompleted work are piling up as manufacturers struggle to find raw materials and labor, boosting costs for both businesses and consumers.Data firm IHS Markit said on Friday its flash U.S. manufacturing PMI increased to 61.5 in the first half of…
The Bank of England set out plans on Friday to use its 20 billion pounds ($28.4 billion) of corporate bond holdings to nudge companies to cut greenhouse gas emissions faster, part of a wider government strategy to achieve net-zero emissions.
China’s yuan inched higher on Friday and looked set for a marginal weekly gain against a weaker dollar as investor concerns about tapering talk by the U.S. Federal Reserve eased. The dollar jumped briefly early in the week after minutes of the last Fed meetin…
Hungary will lift most remaining COVID-19 curbs, including a night-time curfew, as soon as the number of those vaccinated reaches a milestone of 5 million this weekend, Prime Minister Viktor Orban told radio on Friday.
Nearly 1.2 million doses of AstraZeneca’s COVID-19 shot arrived in Mexico from the United States on Thursday, Mexican Foreign Minister Marcelo Ebrard said.
With a ceasefire due to take effect on Friday, Israelis and Palestinians counted the cost of 11 days of hostilities that disabled Gaza’s sanitation facilities and other infrastructure while disrupting Israel’s economy. Here are some details. GAZA Gaza’s housing ministry said on Thursday that 16,800 housing units had been damaged. Of those, 1,800 had become…
Wall Street’s main indexes rebounded on Thursday after a three-day slide, buoyed by gains in technology stocks as the smallest weekly jobless claims since the start of a pandemic-driven recession lifted the mood.
Credit Suisse (CSGN.S) has appointed UBS’ Italian head of ultra-high net worth clients Gabriele D’Agosta as head of private banking in the country as it seeks to expand in the domestic wealth market, it said on Wednesday.”Gabriele’s drive and experience will help further develop our team in Italy,” Credit Suisse’s European wealth management head Robert…
Latin American gym chain SmartFit has filed for an initial public offering (IPO) to raise funds for its expansion, a Brazilian securities filing showed.
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