By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The euro surged to a three-week high against the U.S. dollar on Thursday after comments from European Central Bank President Christine Lagarde fuelled expectations of faster policy...
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IBM partners with Canadian province of Quebec in quantum computing push
MONTREAL (Reuters) – International Business Machines Corp is partnering with the Canadian province of Quebec to boost quantum computing in a collaboration that could help advance areas like battery development, a company official...
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Bank of Canada head says it is unclear how quickly inflation will drop
By Julie Gordon and David Ljunggren OTTAWA (Reuters) -Bank of Canada Governor Tiff Macklem said on Wednesday there was uncertainty about how quickly inflation would come back down into the central bank’s comfort zone, due to the...
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Dollar slides for 2nd day after weak U.S. data, Fed’s cautious rate comments
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The dollar fell for a second straight session on Tuesday, after hitting a 19-month peak at the end of last week, on weaker-than-expected U.S. economic data and after Federal Reserve...
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Canadian factory activity grows at slower pace as Omicron weighs
TORONTO (Reuters) – Canadian manufacturing activity expanded at the joint-slowest pace in 11 months in January as material shortages and disruptions from the Omicron coronavirus variant held back output, data showed on Tuesday. The...
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In-debt Cineworld seeks to delay payments to former Regal shareholders
By Juliette Portala and Pushkala Aripaka (Reuters) – Debt-ladden Cineworld is in talks to delay payments to former “dissenting” shareholders of its U.S. division Regal, the British chain said on Tuesday, to bolster its...
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