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PRESS DIGEST-Canada - Dec 16
Dec 16 (Reuters) - The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.THE GLOBE AND MAILAnglo American AAL.L on Tuesday received approval from the Canadian government to acquire Teck Resources TECKb.TO, cl...Reuters
4 minutes ago
WRAPUP 2-US job growth beats expectations in November; unemployment rate at 4.6%
By Lucia Mutikani WASHINGTON, Dec 16 (Reuters) - U.S. job growth rebounded in November after nonfarm payrolls declined in October because of government spending cuts, but the unemployment rate was at 4.6% as the labor market weakens against the backdrop of economic uncertainty stemming from Presi...Reuters
4 minutes ago
Kraft Heinz names industry veteran Cahillane as new CEO ahead of split
Dec 16 (Reuters) - Kraft Heinz KHC.O on Tuesday named industry veteran and former Kellogg top boss Steve Cahillane as its new CEO, ahead of the packaged goods giant's split into two independent companies.In September, Kraft Heinz announced it will split into two companies, Global Taste Elevation...Reuters
18 minutes ago
US Treasury's Bessent: Kevin Warsh and Kevin Hassett both qualified for Fed
WASHINGTON, Dec 16 (Reuters) - Both former Fed Governor Kevin Warsh and White House economic adviser Kevin Hassett are qualified to lead the Federal Reserve, U.S. Treasury Secretary Scott Bessent told Fox Business Network on Tuesday, adding that he expects a Fed new chair in early January.Reuters
54 minutes ago
JPY strengthens ahead of BOJ rate decision – BBH
The Japanese Yen (JPY) gained against most major currencies as markets anticipate the Bank of Japan’s first rate hike since January, with PMI data showing modest growth and investors looking for clues on the central bank’s policy normalization path, BBH FX analysts report.
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54 minutes ago
