PRESS DIGEST-Canada - June 16

ReutersJun 16, 2025 1:35 PM

June 16 (Reuters) - The following are the top stories from a selected Canadian newspaper. Reuters has not verified these stories and does not vouch for their accuracy.

THE GLOBE AND MAIL

Canada and Britain have agreed to resume stalled trade negotiations as both countries look to shore up their domestic industries and diversify their foreign markets in the face of U.S. protectionism.

U.S. investment giants Vista Equity Partners Management and Blackstone BX.N have quietly bought out one of Canada's most successful enterprise software vendors, Assent, valuing the company at C$1.3 billion.

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Recommended Articles

Microsoft 2026 Q3 Earnings Preview: Can Azure’s Growth Momentum Keep Up With Massive AI Capital Spending?

TradingKey - Microsoft (MSFT) is scheduled to release its Q3 FY2026 earnings report after the market close on April 29, ET. As one of the most proactive tech giants in advancing global AI strategies, this report is regarded as a key indicator for evaluating the large-scale monetization of AI technology and the growth resilience of its cloud business.

Today’s Market Recap: AI Pivot Gains Momentum as Geopolitical Tensions and BoJ Risks Loom

A market recap of Monday’s 0.12% S&P 500 gain, highlighting Qualcomm’s AI surge, the Organon acquisition, and Middle East tensions. It also covers the BoJ carry trade risk, Microsoft’s OpenAI unbundling, and Meta’s 1GW space-solar deal for AI data centers.

Meta Earnings Preview: AI Advertising Drives Growth, $100 Billion Spending Tests Margins

TradingKey - Meta Platforms (META) will report its first-quarter 2026 financial results after the market close on April 29. The market expects quarterly revenue of approximately $55.5 billion, representing a year-on-year increase of about 31%, which falls within the company's previous guidance range

Marvell vs. Broadcom: Who Is the More Worthy ASIC Leading Company?

TradingKey - After the market close on April 6 (ET), Broadcom (AVGO) announced a long-term supply agreement with Google (GOOGL) through 2031 to design and supply next-generation TPUs and networking components. The company's stock surged 6.21% to $333.97 the following day. On Sunday, April 19, news e

Citi Raises Brent Crude Forecast to $150: Strait of Hormuz Risks Brew, How High Can Oil Prices Rise?

TradingKey - On April 26, Eastern Time, Citigroup raised its 2026 Brent crude oil price forecast to $150. Citing the deadlock in U.S.-Iran negotiations and the resulting persistent blockade of the Strait of Hormuz, Citi believes the situation in the Middle East has shifted from a short-term risk to a structural variable that could continuously disrupt global supply.

Featured Tools