Tech shares help lift Toronto market to second day of gains

Canada’s main stock index on Tuesday extended its rebound from a three-month low, helped by gains for technology and consumer discretionary shares as domestic data showed inflation pressures easing. The Toronto Stock Exchange’s S&P/TSX composite index (.GSPTSE),  ended up 145.77 points, or 0.7%, at 19,733.09, adding to its gains on Monday. On Friday, the TSX posted […]

US sanctions Mexican cartel on fentanyl, Yellen issues China guidance to banks

U.S. Treasury Secretary Janet Yellen on Thursday announced new sanctions on leaders of a Mexican drug cartel involved in trafficking fentanyl and its pre-cursor chemicals into the U.S. as part of a broader push to try to stem the flow of the deadly synthetic opioid. Yellen announced the sanctions against eight leaders of the La […]

HSBC names Goldman Sachs veteran as global head of institutional client group

HSBC (HSBA.L), said on Thursday it had appointed Goldman Sachs veteran Danielle Johnson as the global head of its institutional client group within the global banking and markets business, effective June 3. Johnson spent over 20 years at Goldman Sachs (GS.N), where she served as a senior relationship manager covering asset managers, banks and hedge funds. She was […]