CA – Page 10 – Money Lowdown

MUFG, partners launch $1.5 bln climate finance platform

June 22, 2023

GAIA to help scale up finance to developing countriesFinDev Canada among public, private, philanthropic backersExpects to impact nearly 20 mln...

Currencies

Dollar firm ahead of Powell testimony, sterling up on hot inflation

June 21, 2023

Dollar drifts higherTraders await Powell testimonySINGAPORE, June 21 (Reuters) - The dollar was firmer on Wednesday leading into Federal Reserve...

Currencies

Yuan slides after China cuts lending benchmarks; Aussie down

June 20, 2023

SINGAPORE, June 20 (Reuters) - The yuan slipped toward seven-month lows on Tuesday as China cut lending benchmarks, while the...

Currencies

Terminal rate bets help lift Canadian dollar to 9-month high

June 16, 2023

Canadian dollar rises 0.2%Touches its strongest since September at 1.3189Price of U.S. oil increases 0.4%Canadian yields rise across curveTORONTO, June...

Currencies

Yen slips after BOJ stands pat, soft data dents dollar

June 16, 2023

SINGAPORE, June 16 (Reuters) - The yen lost some ground after the Bank of Japan on Friday maintained ultra-low interest...

Pension

Bunge, Viterra will merge to form $34 billion agri-trading powerhouse

June 13, 2023

CHICAGO, June 13 (Reuters) - U.S. grains merchant Bunge (BG.N) and Glencore-backed (GLEN.L) Viterra are merging to create an agricultural trading giant worth about $34 billion including debt, the companies said on Tuesday, in a deal that will likely draw close regulatory scrutiny.The deal brings the combined company closer in global scale to leading rivals Archer-Daniels-Midland (ADM.N) and Cargill (CARG.UL), valuing Bunge and Viterra at about $17 billion each. Bunge shareholders, however, will own about 70% of the company, because Bunge will pay for a significant chunk of the deal...