Canada’s Budget Measures Brighten Funding Prospects For Critical Miners
By Divya Rajagopal TORONTO (Reuters) – Canada’s move to expand the investment tax credit for mining companies to align it…
April 2023
Bank Of Canada Seen On Hold Even As Economy Accelerates
By Fergal Smith TORONTO (Reuters) – The Bank of Canada is expected to take in stride surprising recent economic strength…
Analysis-Heroes Or Villains: Short Sellers’ Role In The U.S. Bank Crisis
By Lawrence Delevingne (Reuters) – As First Republic Bank’s share price fell by double-digits in the aftermath of the collapse…
Tesla To Build Shanghai Factory To Make Megapack Batteries – Xinhua
SHANGHAI (Reuters) -Tesla Inc will build a factory in Shanghai to make the Megapack energy storage product, Chinese state media…
Foxconn Plans $800 Million Investment In Southern Taiwan
TAIPEI (Reuters) – Foxconn is planning to invest T$25 billion ($820 million) in the next three years in new manufacturing…
Virgin Orbit’s Would-be White Knight And A $200 Million Rescue That Fell Flat
By Joey Roulette and Kevin Krolicki (Reuters) – As the fortunes of Richard Branson’s Virgin Orbit were crashing to Earth…
Binance’s US Arm Struggles To Find Bank To Take Its Customers’ Cash- WSJ
(Reuters) – The U.S. arm of cryptocurrency exchange firm Binance has struggled to find a bank for its customers’ cash…
Baidu Sues Apple, App Developers Over Fake Ernie Bot Apps
SHANGHAI (Reuters) – Chinese search engine giant Baidu has filed lawsuits against “relevant” app developers and Apple Inc over fake…
Swiss Finance Minister Sees No ‘stumbling Blocks’ To UBS Takeover Of Credit Suisse
ZURICH (Reuters) – UBS’s multi-billion state-sponsored takeover of Credit Suisse should proceed smoothly without political obstructions, Swiss Finance Minister Karin…
Austrian Banks Unaffected By Banking Turmoil – Finance Minister Tells NZZ
ZURICH (Reuters) – Austria’s government is monitoring the global banking turmoil although there are so far no signs of it…