News
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Angola says JPMorgan debt extension included $200 mln collateral cut
LUANDA, Jan 27 (Reuters) - Angola's extension of a $1 billion debt facility with JPMorgan JPM.N included the partial replacement of the collateral bond with a higher-rated one, resulting in a reduction of the collateral by $200 million, the finance ministry said.The Southern African nation said ...Reuters
Tue, Jan 27
Canada PM Carney denies retracting Davos comments in talk with Trump
Jan 27 (Reuters) - Canadian Prime Minister Mark Carney on Tuesday said he spoke to U.S. President Donald Trump on Monday but denied he had retracted comments last week that irritated the U.S. President.U.S. Treasury Secretary Scott Bessent said Carney "was very aggressively walking back" som...Reuters
Tue, Jan 27
PRESS DIGEST-Canada - January 27
Jan 27 (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 MAIL- China's Zijin Gold International 2259.HK will acquire Allied Gold AAUC.TO in a C$5.5 billion ($4.03 billion) de...Reuters
Tue, Jan 27
CANADA RESEARCH ROUNDUP-Alithya Group, CGI, Enbridge
Jan 27 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies, including Alithya Group, CGI and Enbridge, on Tuesday. HIGHLIGHTS Alithya Group Inc ALYA.TO: Scotiabank assumes coverage with sector outperform ratingCGI Inc GIBa.TO: Scotiabank assum...Reuters
Tue, Jan 27
Alexander brothers go on trial for alleged sex trafficking, abuse
NEW YORK, Jan 27 (Reuters) - The trial of three wealthy brothers, including two of New York's top real estate brokers, accused of sexually assaulting and trafficking women and girls for more than a decade was expected to begin on Tuesday.Oren Alexander, Tal Alexander and Alon Alexander have plea...Reuters
Tue, Jan 27
Ford and General Motors in talks with First Brands over rescue financing, FT reports
Jan 26 (Reuters) - Ford F.N and General Motors GM.N are in negotiations with bankrupt car parts supplier First Brands Group over a potential financing package to keep the company operating during its Chapter 11 proceedings, the Financial Times reported on Monday, citing several people familiar with ...Reuters
Tue, Jan 27
G7 members must seek common solutions rather than unilateral measures - France's Lescure
PARIS, Jan 27 (Reuters) - French Finance Minister Roland Lescure told his counterparts in the Group of Seven Nations (G7) that relations must be based on trust and that it was key to seek common solutions rather than unilateral measures, the Finance Ministry said on Tuesday.The G7 priorities will be...Reuters
Tue, Jan 27
Fatal American Airlines jet, Army helicopter collision result of 'mulitude of errors'
WASHINGTON, Jan 27 (Reuters) - A fatal collision between an American Airlines regional jet and Army Black Hawk helicopter near Reagan Washington National Airport in January 2025 was the result of a "multitude of errors" and "systemic issues across multiple organizations," members of ...Reuters
Tue, Jan 27
Elbit gets $183 million munitions deal from Israeli Defence Ministry
JERUSALEM, Jan 27 (Reuters) - Israel's Defence Ministry said on Tuesday it had signed a multi-year agreement for air munitions with Elbit Systems ESLT.TA, ESLT.O worth $183 million.The agreement will expand Israel's defence industrial base and strengthen the military's capabilities for t...Reuters
Tue, Jan 27
India's Metro Brands third-quarter profit surges as tax cuts boost demand
Jan 27 (Reuters) - India's Metro Brands METB.NS on Tuesday posted a nearly 36% rise in third-quarter profit as consumption tax cuts and festive demand helped boost sales at the footwear retailer.The company, which sells Crocs and Fila footwear in addition to its own brands, posted a consolidated...Reuters
Tue, Jan 27
American Business Bank's Q4 profit rises on loan growth
OverviewU.S. bank's Q4 net income rose 19% yr/yr to $14.8 mlnNet interest margin expanded to 3.78% from 3.66% in prior qtrTotal loans increased $126 mln or 4% over prior qtrOutlookCompany expects robust loan pipeline to drive growth in 2026Company anticipates further core deposit growth in 2026R...Reuters
Tue, Jan 27
Summit State Bank posts Q4 profit as interest margin expands
OverviewCommunity bank's Q4 net income was $1.067 mln, Net interest margin rose to 3.62% from 2.88% a year agoNon-performing assets decreased to $27.3 mln from $32.2 mln last yearOutlookSummit State Bank aims to build on current momentum in the year aheadCompany focuses on reducing balance sheet...Reuters
Tue, Jan 27
Norway parliament approves $2 billion artillery plan
OSLO, Jan 27 (Reuters) - Norway's parliament on Tuesday approved a $2 billion procurement plan for long-range artillery to boost the NATO country's deterrence against Russia in the Arctic, where the two nations share a border.European countries are in the midst of hiking defence spending, un...Reuters
Tue, Jan 27
After 844 Days, Israelis to turn off clock marking time since October 7 attack
Clock in Tel Aviv to be turned off after last hostage foundGaza's Rafah border reopening part of Trump's planCeasefire violations continue amid ongoing tensionsBy Alexander Cornwell and Nidal al-Mughrabi TEL AVIV/CAIRO, Jan 27 (Reuters) - A clock in a Tel Aviv square that became a rallyin...Reuters
Tue, Jan 27
CANADA FX DEBT - Canadian dollar strengthens, benchmark yield climbs
The Canadian dollar strengthened against the greenback on Tuesday, and the yield on benchmark government debt climbed. The loonie CAD= was trading 0.3% higher at C$1.3671 to the greenback, or 73.15 U.S. cents, after trading in a range of 1.3658 to 1.3739.Canadian government 10-year bond yields CA10Y...Reuters
Tue, Jan 27
Olympics-Wax on, wax off: cross-country skis can decide Olympic ambitions
By Liz Hampton DENVER, Jan 27 (Reuters) - For cross-country skiers at the Milano Cortina Olympics winning a medal does not just depend on having great skis, it is also about how those skis are treated and the team of people who know exactly what to do to create the optimal glide. Fast skiing dep...Reuters
Tue, Jan 27
Insurance giant AXA XL, Enosis Capital seal 'debt-for-nature' tie up
By Marc Jones LONDON, Jan 27 (Reuters) - Credit fund Enosis Capital has sealed an agreement with AXA XL for the insurance giant to provide crucial cover for a new $3 billion wave of 'debt-for-nature' deals, the first of which is expected in the next six to nine months.Debt-for-nature swap...Reuters
Tue, Jan 27
