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Category: Canada

Canopy Growth signs agreements to reduce debt amid liquidity crisis
BusinessCanadaEconomy

Canopy Growth signs agreements to reduce debt amid liquidity crisis

(Reuters) – Pot producer Canopy Growth has signed agreements with lenders to reduce its debt by C$437 million ($333.36 million)…

July 14, 2023July 14, 2023
Shopify to launch AI assistant for merchants
BusinessCanadaScienceTechnology

Shopify to launch AI assistant for merchants

(Reuters) – Canadian ecommerce firm Shopify said on Wednesday it would soon launch an artificial intelligence assistant for merchants on…

July 12, 2023July 12, 2023
Canadian port strike talks resume, supported by federal mediators
BusinessCanadaEconomyPolitics

Canadian port strike talks resume, supported by federal mediators

TORONTO (Reuters) – Talks in Pacific Canada between striking dock workers and their employers have resumed after four days away…

July 9, 2023July 9, 2023
Altria-backed cannabis producer Cronos explores sale
BusinessCanadaUS

Altria-backed cannabis producer Cronos explores sale

By Anirban Sen NEW YORK (Reuters) -Cronos Group Inc, the Canadian cannabis producer backed by cigarette maker Altria Group Inc,…

July 7, 2023July 7, 2023
Dollar eases after strong labor market reports
AsiaAustraliaBusinessCanadaEconomyEuropeUKUS

Dollar eases after strong labor market reports

By Herbert Lash NEW YORK (Reuters) -The dollar eased after a brief rebound on Thursday as data showing the U.S.…

July 6, 2023July 6, 2023
Europe’s Euclid space telescope launched on mission to explore ‘dark universe’
AsiaCanadaEuropePoliticsScienceTechnologyTop News

Europe’s Euclid space telescope launched on mission to explore ‘dark universe’

By Steve Gorman (Reuters) -A European-built orbital satellite was launched to space on Saturday from Florida on a mission to…

July 1, 2023July 2, 2023
Bausch + Lomb buys Novartis drugs for $1.75 billion to boost eye-care portfolio
BusinessCanadaEurope

Bausch + Lomb buys Novartis drugs for $1.75 billion to boost eye-care portfolio

(Reuters) – Bausch + Lomb said on Friday it would acquire several Novartis eye-care products for $1.75 billion as their…

June 30, 2023June 30, 2023
How risky is it to extend Canadian mortgage amortizations?
BusinessCanadaEconomy

How risky is it to extend Canadian mortgage amortizations?

By Nivedita Balu and Fergal Smith TORONTO (Reuters) – Canada’s record pace of interest rate hikes has led to the…

June 27, 2023June 27, 2023
Thomson Reuters to acquire legal AI firm Casetext for $650 million
BusinessCanadaEconomy

Thomson Reuters to acquire legal AI firm Casetext for $650 million

(Reuters) -Thomson Reuters said on Monday it had agreed to acquire Casetext, a legal startup with an artificial intelligence-powered assistant…

June 27, 2023June 27, 2023
Volvo EVs to now have access to Tesla superchargers
BusinessCanadaCentral AmericaEconomyEuropeLatin AmericaTechnologyUS

Volvo EVs to now have access to Tesla superchargers

(Reuters) – Swedish carmaker Volvo Cars said on Tuesday it had signed an agreement with Tesla to give its electric…

June 27, 2023June 27, 2023

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