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Canadian banks expected to post strong fourth-quarter earnings

1 Dec 2025

By Nivedita Balu TORONTO, Dec 1 (Reuters) – Analysts are expecting Canadian banks to report strong fourth-quarter results this week, benefiting from business at their investment banking and wealth management segments while credit continues to stabilize, although lofty valuations will be tested. Uncertainty over U.S.-Canada trade talks and lingering concerns over the health of Canadian …

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Gunvor weighs US energy push that could bolster Washington ties, sources say

1 Dec 2025

By Shariq Khan NEW YORK, Nov 30 (Reuters) – Commodity trader Gunvor has held active talks to invest in U.S. oil- and gas-producing assets, which could smooth over ties with the Trump administration after fallout from Gunvor’s bid to buy sanctioned Russian major Lukoil’s foreign assets, two sources familiar with the matter said. Gunvor dropped …

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Amazon and Google launch multicloud service for faster connectivity

1 Dec 2025

Nov 30 (Reuters) – Amazon and Google introduced a jointly developed multicloud networking service on Sunday to meet growing demand for reliable connectivity the companies said in a statement, at a time when even brief internet disruptions can cause major outages. The initiative will enable customers to establish private, high-speed links between the two companies’ …

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Australia’s Star Entertainment names Mathieson Jr. as new chair

1 Dec 2025

Dec 1 (Reuters) – Star Entertainment has elected Bruce Mathieson Jr. as chairman, cementing the billionaire Mathieson family’s grip on the embattled casino firm after the family and U.S. gaming group Bally’s converted their rescue loans into equity. Chairwoman Anne Ward has resigned as a director of the company, Star said in a statement on …

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Factbox-Outage is latest problem to hit Australian stock exchange operator ASX

1 Dec 2025

SYDNEY, Dec 1 (Reuters) – The Australian Securities Exchange (ASX) was hit by an outage to its announcements platform on Monday, the latest setback for the stock exchange operator that is already under scrutiny from regulators over its governance and ability to deliver market infrastructure. Here is a look at the major outages and regulatory …

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Treasury Wine flags $450 million writedown of US assets, shares hit decade low

1 Dec 2025

By Christine Chen and Sherin Sunny Dec 1 (Reuters) – Australia’s Treasury Wine Estates said on Monday it expects to write off A$687.4 million ($449.56 million) from the value of its U.S. assets due to a slowing American wine market, sending its shares to their lowest in more than a decade. Treasury – one of …

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Australia house prices rise but growth slows in Sydney and Melbourne, Cotality says

1 Dec 2025

SYDNEY, Dec 1 (Reuters) – Australian home prices jumped in November but gains in Sydney and Melbourne slowed, as expectations there would be no interest rate cuts anytime soon undermined sentiment in those already expensive markets, property consultant Cotality said on Monday. Home prices nationwide increased 1% in November from October to a median value …

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Databricks in talks to raise capital at $134 billion valuation, The Information reports

30 Nov 2025

Nov 30 (Reuters) – Data analytics firm Databricks is in talks to raise $5 billion at a valuation of $134 billion, which is roughly 32 times this year’s expected sales of about $4.1 billion, The Information reported on Sunday, citing investor documents and a person familiar with the matter. Reuters could not immediately verify the …

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UnitedHealth agrees to sell South American business to private equity firm Patria for $1 billion, sources say

30 Nov 2025

By Tatiana Bautzer NEW YORK, Nov 30 (Reuters) – UnitedHealth Group has agreed to sell its last South American business Banmedica to Brazilian private equity group Patria Investments for $1 billion, two sources with knowledge of the matter said on Sunday. The final agreement was signed on Saturday and an announcement is expected on Monday, …

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