By Karen Brettell NEW YORK (Reuters) – The dollar fell Tuesday after data showed that U.S. job openings fell in March, a day before the Federal Reserve is expected to hike interest rates by an additional 25 basis points. U.S. job openings fell for a third straight month and layoffs increased to the highest level…
By Howard Schneider FARIBAULT, Minnesota (Reuters) – Demand for Daikin Applied Americas Inc’s climate control equipment is soaring, and worker recruitment is in hyperdrive, with hiring trips to women’s shelters and immigrant support groups and an open door for applicants with no high school degree or manufacturing experience. For Minnesota’s healthcare industry, an estimated 5,000…
(Reuters) – Canadian Prime Minister Justin Trudeau said in an interview to Bloomberg Television last week that any takeover bid for Teck Resources Ltd would have to get through a “rigorous process” to get consent from the government. Here is a snapshot of key events in the saga so far. Date Development March Glencore privately…
(Reuters) – Canada’s Competition Bureau on Monday sought information about Royal Bank of Canada’s $13.5 billion takeover of HSBC’s Canada business. The deal is the biggest acquisition for RBC. The last time a deal of this size was attempted in the country was in the early 1990s, when RBC wanted to acquire rival Bank of…
HOUSTON (Reuters) -The U.S. will not block a court auction of shares in oil refiner Citgo Petroleum Corp’s parent, Justice Department officials told a federal court, paving the way for a potential seizure by creditors of Venezuela’s most-prized foreign asset. The U.S. Treasury Department since 2020 has protected Citgo from creditors with claims against Venezuela,…
By Allison Lampert (Reuters) -North American pilots took fresh steps on Monday to press for workforce gains, with American Airlines Group Inc pilots backing a strike mandate and Air Canada pilots supporting a merger with a larger union. American Airlines pilots approved the mandate ahead of the busy summer travel season to further pressure the…
By Anna Mehler Paperny TORONTO (Reuters) – As Canada’s largest strike by federal workers approaches its third week, thousands of people are in immigration limbo amid canceled hearings and stalled applications, which could make it harder for the country to compete for global talent as employers face a tight labour market. About 155,000 federal public…
By Steve Scherer OTTAWA (Reuters) -Canada and the United States have agreed to trace guns that are intercepted at the border, a move meant to enhance efforts to stop the smuggling of handguns to the north from the world’s biggest private firearm market, officials from both countries said on Friday. Canada’s Public Safety Minister Marco…
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The U.S. dollar rose on Friday after data showed inflation grew in March, though at a slower pace, keeping the Federal Reserve still firmly on track to raise interest rates at next week’s monetary policy meeting. The yen, meanwhile, fell across the board, after the Bank of Japan…
By Doina Chiacu WASHINGTON (Reuters) – Canadian Prime Minister Justin Trudeau said on Friday he was worried about the future of American democracy, taking a veiled swipe at former U.S. President Donald Trump during a visit to New York. “You guys are the greatest democracy in the world,” Trudeau said at the Council on Foreign…
