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...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....
...At the other end of the scale the Canadian government is considering if it should allow access to this “service” for anyone over the age of 18 who is clinically depressed....
...One of the advantages of reading the printed version of a newspaper is to understand the interplay of closely-placed headlines on related subjects....
...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...
...Chloe Aridjis’ essay lights up the weekend edition. Dale Churchward Toronto, ON, Canada...
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...One-third of the increase was attributable to its strong first-quarter performance, Royal Caribbean said, with the remainder largely driven by a better business outlook and lower interest expenses....
...The Bank of Canada announced it would hold rates steady, citing a lack of progress on core inflation and weak economic activity....
...not be as mellow as those of Joan Sutherland, the Royal Opera’s legendary Lucia, but they are unmistakably, blazingly, tirelessly there)....
...The Bank of Japan is likely to hold off from raising interest rates next week but investors expect the central bank to outline its response to rising inflationary pressures caused by the yen’s decline....
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...Royal Mail reported operating losses of £1bn for the year to March 26 last year, partly because of strikes....
...Reiner JaaksonOakville, ON, Canada...
...“[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....
...Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com...
...The Bank of Canada boosted its predictions for the domestic economy, which it now expects to expand by 1.5 per cent in 2024 — almost double its most recent forecast in January of 0.8 per cent....
...Meanwhile, the Bank of England MPC consists of nine policy makers and a common staff....
...The UK business and trade department said: “Canada’s decision not to roll over these rules of origin will increase the cost of trade and hurt businesses on both sides of the Atlantic.”...
...GLS, if valued in line with its rivals, would account for the bulk of that, suggesting a price for Royal Mail of just £250mn....
...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...
...Royal Mail holds a share of about 25 per cent of the UK parcels market by revenues, topping the likes of Amazon Logistics, DPD and DHL....
...Royal Mail has said there is an urgent need for reform because of the sharp fall in letter volumes over the last 20 years, which has made many of its basic services uneconomic....
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