Canada News Headlines
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FOREX-Dollar at three-week lows as Treasury yields subdued
* Graphic: World FX rates https://tmsnrt.rs/2RBWI5E
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Controversial Toshiba CEO steps down, shares jump on bidding war expectations
TOKYO (Reuters) - Toshiba Corp CEO Nobuaki Kurumatani resigned on Wednesday amid controversy over a $20 billion buyout bid from CVC Capital Partners and the conglomerate's shares surged on reports that KKR & Co and Brookfield are also planning offers.
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FOREX-Dollar nurses losses as 'mean reversion' trade widens
LONDON, April 14 (Reuters) - The dollar nursed losses near a one-month low on Wednesday as strong demand at a U.S. bond auction fueled a widespread drop in Treasury yields, reducing the interest rate advantage the greenback held over other major currencies.
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Canada's migrant farmworkers remain at risk a year into pandemic
TORONTO (Reuters) - Pedro, a Mexican migrant worker, knew he had to leave the Ontario cannabis operation where he worked when so many of his coworkers caught COVID-19 that his employer began to house them in a 16-person bunk house alongside the uninfected.
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Canada to go big on budget spending as pandemic lingers, election looms
OTTAWA (Reuters) - Canada's Liberal government will deliver on its promise to spend big when it presents its first budget in two years next week amid a fast-rising third wave of COVID-19 infections and ahead of an election expected in coming months.
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Canada's migrant farmworkers remain at risk a year into pandemic
TORONTO, April 14 (Reuters) - Pedro, a Mexican migrant worker, knew he had to leave the Ontario cannabis operation where he worked when so many of his coworkers caught COVID-19 that his employer began to house them in a 16-person bunk house alongside the uninfected.
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Dollar near one-month low as strong debt sale weighs on U.S. yields
LONDON (Reuters) - The dollar held near a one-month low on Wednesday as strong demand at a U.S. bond auction fuelled a widespread drop in Treasury yields, reducing the interest rate advantage the greenback held over other major currencies.
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FOREX-Dollar near 1-month lows as strong debt sale weighs on U.S. yields
LONDON, April 14 (Reuters) - The dollar held near a one-month low on Wednesday as strong demand at a U.S. bond auction fueled a widespread drop in Treasury yields, reducing the interest rate advantage the greenback held over other major currencies.
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EXCLUSIVE-Toshiba board planned to oust CEO before $20 bln buyout offer-sources
TOKYO, April 14 (Reuters) - Toshiba's board planned to oust troubled CEO Nobuaki Kurumatani before CVC Capital Partners launched a $20 billion buyout bid last week, informing him a day before the offer was announced that it would replace him, people familiar with the matter said. Two members of Toshiba Corp's nomination committee, including board chairman Osamu Nagayama, met Kurumatani, himself a former CVC executive, and told him they intended to look for a new chief executive, three of the people said.
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FOREX-Dollar slips to three-week low as inflation fears seen baked in for now
* Dollar hits 3-week low vs yen, 4-week trough on euro
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