U.S. Biotech Firm Allakos Exploring Options, Including Sale - Bloomberg - Financial Post


Amazon faces U.S. antitrust scrutiny on cloud business - Bloomberg - Financial Post:

U.S. Federal Trade Commission (FTC) has broadened its scrutiny of Amazon.com Inc beyond retail operations to include its cloud-computing business, Bloomberg reported on Wednesday, citing people fam…


U.S. biotech firm Allakos exploring options, including sale - Bloomberg - Financial Post:

U.S. biotech company Allakos Inc is considering strategic options that include a potential sale, Bloomberg reported on Wednesday, citing people familiar with the matter.Allakos is working with fina…


Gucci owner Kering holds exploratory talks to buy Moncler - Bloomberg - Financial Post:

Kering SA, the parent company of Gucci and Balenciaga, has held exploratory talks with Moncler SpA about a deal to buy the Italian apparel company, Bloomberg reported on Wednesday, citing people wi…

Alberta’s economic outlook sours amid a credit downgrade, muted energy spending: Geoffrey Morgan

Economists and analysts see a number of risks to investment and economic growth in the province

BMO exploring transition financing for carbon-capture project: Bloomberg News

BMO seeking to mobilize $400 billion for sustainable finance by 2025

Canadians to pay $487 more for groceries next year with biggest hikes to meat and veg: Colin McClelland

Surges of up to 6% for meat and 4% for vegetables rising quicker than inflation

Larry Page and Sergey Brin just got a $2-billion retirement gift from investors: Bloomberg News

The Google co-founders, who are stepping down from day-to-day management of parent Alphabet, each made US$1 billion from an uptick in share prices

Blackstone’s Schwarzman sees plenty of momentum for U.S.-China trade deal ahead of election: Barbara Shecter

In an interview Wednesday with the Financial Post, Schwarzman called U.S. tariffs imposed on China 'a bit of a pile-on' for a country experiencing slowing growth

RBC makes inroads with digital ventures as investment banking dries up: Geoff Zochodne

Royal Bank has established ties with 3.2 million Canadians through its apps

U.S. backlash over France’s digital tax raises fears Canada could be in for a new round of tariffs: Naomi Powell

U.S. threatening tariffs on US$2.4-billion of French imports over a tax that sounds a lot like the one Trudeau promised during the election

Bank of Canada maintains interest rate: Read the official statement: Financial Post Staff

Bank of Canada holds its key interest rate at 1.75 per cent

Bank of Canada holds key interest rate at 1.75%: Financial Post Staff

One of the only central banks to have navigated the trade wars without cutting interest rates

Moody’s downgrades Alberta’s credit rating over weak economy reliant on oil: The Canadian Press

Moody's also cited high environmental risk due to climate change in its assessment

Larry Page and Sergey Brin are stepping down 21 years after founding Google: Reuters

SAN FRANCISCO — Google co-founders Larry Page and Sergey Brin are stepping aside as leaders of the Internet behemoth they founded 21 years ago, ending an extraordinary run that saw them build one of the world’s most valuable and influential companies. Trusted…

Dollarama beats expectations with 5.3% rise in sales: Reuters

Shoppers spent more at its stores

National Bank of Canada hikes dividend as profit beats on growth across units: Reuters

Loan-loss provisions increased nearly 22%

If you’re looking for a December rally in stocks, the ‘fear index’ has bad news for you: Victor Ferreira

With trade tensions simmering along these past two months, they now seem about to reach boiling point

‘Close and personal’: Inside the strategy of one of Canada’s fastest growing retailers: Emily Jackson

Episode 33 of a weekly podcast from the Financial Post

Follow this advice if you want to avoid a business partnership that crashes and burns: Camilla Cornell

Save yourself money and unnecessary stress with these tips

Royal Bank of Canada profit falls, missing expectations: Reuters

Royal Bank of Canada’s record-breaking profit engine may be running out of steam

[news curation]@wakanda-forever

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