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balance-sheet

Tata Motors: Tata Motors looks to spin off its NBFC arms, merge with IPO-bound Tata Capital

by Horatio Thompson
Tata Motors: Tata Motors looks to spin off its NBFC arms, merge with IPO-bound Tata Capital

Tata Motors is planning to hive off its vehicle financing subsidiaries under Tata Motors Finance Ltd by way of a merger with Tata Capital, to streamline its operations and deleverage …

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TD Bank could face more severe penalties after drug money laundering allegations, says analyst

by Anas Siddiqui
TD Bank could face more severe penalties after drug money laundering allegations, says analyst

TD Bank Group could be hit with more severe penalties than previously expected, according to a banking analyst, after a report that the investigation it faces in the U.S. is tied …

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Opinion | Why an erratic Fed could pose biggest risk to global economy in 2024

by Anas Siddiqui
Opinion | Why an erratic Fed could pose biggest risk to global economy in 2024

The Federal Reserve’s ability to tame America’s monetary bubble remains the biggest factor in the global economic outlook. The US central bank made an unexpected dovish turn at the latest …

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Electric scooter company Bird Canada says operations not affected by U.S. bankruptcy

by Anas Siddiqui
Electric scooter company Bird Canada says operations not affected by U.S. bankruptcy

Electric scooter rental company Bird says its Canadian operations won’t be affected by the company’s bankruptcy proceedings in the U.S. Canadian COO Alex Petre told CBC News that Bird Canada is not part …

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Canopy Growth finds buyers and gets court OK for sale of Biosteel

by Anas Siddiqui
Canopy Growth finds buyers and gets court OK for sale of Biosteel

Cannabis company Canopy Growth says it has found buyers for its Biosteel sports drink subsidiary and received a court’s approval to go ahead with the sale of the insolvent company. …

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Teck Resources agrees to sell steelmaking coal business in deals valued at $9B US

by Anas Siddiqui
Teck Resources agrees to sell steelmaking coal business in deals valued at B US

Teck Resources Ltd. has agreed to sell its steelmaking coal business in a series of deals that value the operations at $9 billion US and will see Swiss commodities giant …

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WeWork files for bankruptcy protection

by Anas Siddiqui
WeWork files for bankruptcy protection

WeWork has filed for Chapter 11 bankruptcy protection, marking a stunning fall for the office-sharing company once seen as a Wall Street darling that promised to upend the way people …

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