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...The banks declined to comment. IDS is working with Goldman Sachs, Bank of America and Barclays. The postal business remains regulated....
...Canada’s central bank governor signalled an interest rate cut at its next meeting in June was “within the realm of possibilities”....
...In minutes from the Bank of Canada’s March meeting, members of the central bank’s governing council agreed it was “too early” to cut rates, but said “the conditions for rate cuts should materialise over...
...The central bank has an inflation target of 1 per cent to 3 per cent....
...Research from the Royal Bank of Canada shows that about C$900bn* worth of mortgages — almost 60 per cent of all outstanding mortgages at chartered banks in Canada — will need to be refinanced between 2024...
...The Bank of Canada announced it would hold rates steady, citing a lack of progress on core inflation and weak economic activity....
...EP’s working with JPMorgan Chase, Citigroup and BNP Paribas, while Royal Mail’s owner is working with Goldman Sachs, Bank of America and Barclays....
...Royal Mail reported operating losses of £1bn for the year to March 26 last year, partly because of strikes....
...“[Immigration] is one of the things putting pressure on the housing components of inflation,” Tiff Macklem, the Bank of Canada’s governor, said last week....
...Canada’s central bank is waiting for evidence of a sustained slowing of inflation, as it held interest rates steady at a 23-year high and upgraded its economic growth outlook for 2024....
...Alexander Paterson, transport analyst at investment bank Peel Hunt, said the new sorting hub investment was “not a magic wand” for Royal Mail, which was privatised in stages between 2013 and 2015 and belongs...
...Analysts at Royal Bank of Canada estimated that Close Brothers would be hit with a £250mn redress bill....
...Taiwan also signed a foreign investment promotion and protection agreement with Canada in December, after more than two years of negotiations....
...The Bank of Canada has held its policy rate at 5 per cent since July. The headline inflation rate in October was 3.1 per cent, slightly above the bank’s target level for price growth....
...Weaker demand and higher borrowing costs are weighing on business investment,” the Bank of Canada said. Economists had expected the bank to maintain the current policy rate....
...The main one, Mount Royal Park, is hundreds of acres of fields and forests....
...Stephen Poloz, who led the Bank of Canada from 2013 to 2020, has been given the task of convincing Canada’s pension funds, which manage more than C$4tn (US$2.9tn), to allocate more capital at home....
...“Part of the reason for the excitement is that it’s going over a populated area,” said Robert Massey, deputy executive director of the UK Royal Astronomical Society, who worked as an eclipse tour guide in...
...Stephen Poloz, who led the Bank of Canada from 2013 to 2020, is charged with convincing Canada’s pension funds, which manage more than C$4tn (US$2.89tn), to allocate more capital at home....
...Google has agreed to pay C$100mn a year into a fund to support news organisations in Canada as part of a deal with the government, ending a dispute that led it to threaten to cut links to news from its services...
...Ottawa on Thursday approved the $10.2bn sale of HSBC’s assets to Royal Bank of Canada, more than a year after the UK-based, Asia-focused lender announced its exit from the market....
...The Delaware court this year invalidated such a practice at the investment bank Moelis & Co, which had given its founder veto power over nearly all of the standard work conducted by a board of directors....
...Canada’s economy added more jobs than expected in November but the unemployment rate rose above its pre-pandemic average, in a sign — ahead of the central bank’s policy meeting next week — that the labour...
...: Bank of Canada interest rate decision Germany: February trade balance figures South Korea: February consumer price index (CPI) inflation rate data (AM local time) UK: S&P Global February construction...
...A top Bank of Canada official has said that the central bank’s monetary policy setting body has not yet discussed when to start cutting interest rates....
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