Business

Photo

Bank of Canada could resume hikes if data proves slowdown temporary: governor Thursday, 25 Apr 2019

OTTAWA (Reuters) - The Bank of Canada could start hiking rates again "sometime down the road," although such a move will depend on whether upcoming economic data backs up its assessment that a current slowdown is only a temporary detour, the central bank's head said on Thursday.  Full Article

 
Canada's Saputo buys Kirin's cheese business in Australia for $179 million: Nikkei 3:22am EDT 

SYDNEY (Reuters) - Canada's Saputo Inc. has purchased the Australian cheese business of Japan's Kirin Holdings for about 20 billion yen ($179 million), the Nikkei reported on Friday, citing anonymous sources.  Full Article  

Photo
Dollar dips ahead of U.S. GDP print, shares subdued 4:52am EDT 

LONDON (Reuters) - The dollar retreated from 23-month highs on Friday ahead of keenly awaited U.S. gross domestic product data for the first quarter, while global shares were on track for a fifth weekly gain in a row despite subdued trade.  Full Article