Toronto market ends lower as inflation data boosts bond yields
Canada’s main stock index fell on Tuesday, giving back some of the previous day’s strong gains, as hotter-than-expected domestic inflation data lowered expectations the Bank of Canada would cut interest rates again next month. The Toronto Stock Exchange’s S&P/TSX composite index (.GSPTSE), ended down 60.11 points, or 0.3%, at 21,788.48, after posting on Monday it’s biggest […]
Criteria will seek as soon as possible new partner for Naturgy takeover bid -source
Spanish holding firm Criteria will seek a new partner for a potential takeover bid for utility Naturgy (NTGY.MC), as soon as possible after it recently failed to reach an agreement with Abu Dhabi’s TAQA (TAQA.AD), a Criteria source said on Monday. Asked if it had to be an industrial partner from the energy sector, the source said Criteria – […]