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

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

Jun 30, 2023 | Business, Canada, Europe

(Reuters) – Bausch + Lomb said on Friday it would acquire several Novartis eye-care products for $1.75 billion as their market grows, sending the company’s shares up over 8% in early trading. The deal includes acquisition of Novartis’...
How risky is it to extend Canadian mortgage amortizations?

How risky is it to extend Canadian mortgage amortizations?

Jun 27, 2023 | Business, Canada, Economy

By Nivedita Balu and Fergal Smith TORONTO (Reuters) – Canada’s record pace of interest rate hikes has led to the repayment period for many variable rate mortgages lengthening to over 30 years, helping to shield households from higher borrowing costs but...
Thomson Reuters to acquire legal AI firm Casetext for $650 million

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

Jun 27, 2023 | Business, Canada, Economy

(Reuters) -Thomson Reuters said on Monday it had agreed to acquire Casetext, a legal startup with an artificial intelligence-powered assistant for law professionals, in a $650 million all-cash deal. Thomson Reuters’ chief financial officer, Michael Eastwood, had...
Volvo EVs to now have access to Tesla superchargers

Volvo EVs to now have access to Tesla superchargers

Jun 27, 2023 | Business, Canada, Central America, Economy, Europe, Latin America, Technology, US

(Reuters) – Swedish carmaker Volvo Cars said on Tuesday it had signed an agreement with Tesla to give its electric vehicles (EVs) access to the EV maker’s Supercharger network in the United States, Canada and Mexico. The deal makes Volvo the first European...
Titanic sub destroyed in ‘catastrophic implosion,’ all five aboard dead

Titanic sub destroyed in ‘catastrophic implosion,’ all five aboard dead

Jun 23, 2023 | Asia, Canada, Environment, Europe, Top News, UK, US

By Joseph Ax and Steve Gorman (Reuters) -A deep-sea submersible carrying five people on a voyage to the century-old wreck of the Titanic was found in pieces from a “catastrophic implosion” that killed everyone aboard, the U.S. Coast Guard said on Thursday,...
What is the OceanGate Titan submersible and how does it work?

What is the OceanGate Titan submersible and how does it work?

Jun 23, 2023 | Canada, Environment, Top News, US

(Reuters) – The owner of the submersible that went missing during a tourist expedition to the Titanic’s wreckage said on Thursday it believed that the crew on board have “sadly been lost” after debris matching the missing sub was found on the...
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