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TSX climbs to 2-1/2-month high as investors eye 2024 rate cuts

CANADA STOCKS-TSX climbs to 2-1/2-month high as investors eye 2024 rate cuts TSX ends up 1.1% at 20,452.87 Posts its highest closing level since Sept. 18 Industrials and bond proxies among biggest gainers National Bank of Canada rallies after Q4 results Updates at market close By Shashwat Chauhan and Fergal Smith Dec 1 (Reuters) - Canada's main stock index rose on Friday to a two-and-a-half-month high as comments by Federal Reserve Chairman Jerome Powell raised investor hopes that major central
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Canada's BMO rises on bigger cost savings forecast

BUZZ-Canada's BMO rises on bigger cost savings forecast ** Shares of Bank of Montreal BMO.TO rise 1.4% to C$112.9 ** Co sees more cost savings from its $16 bln acquisition of U.S. lender Bank of the West ** BMO now expects cost savings over $800 mln, roughly 20% higher than an initial estimate of $670 mln, driven by reassessment of technology and o
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ECB slightly raises BNP Paribas' CET1 minimum ratio requirement to 10.02 percent

ECB slightly raises BNP Paribas' CET1 minimum ratio requirement to 10.02 percent PARIS, Dec 1 (Reuters) - BNP Paribas BNPP.PA , France's largest bank, on Friday said that the European Central Bank (ECB) had slightly raised its minimum capital requirements as part of a sector-wide review. "The Common Equity Tier 1 (CET1) requirement that the Group has to respect as at 1st January 2024 on a consolidated basis is 10.02%", the bank said in a statement.
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Heathrow stake sale opens the door for a resurgence in airport deals

FOCUS-Heathrow stake sale opens the door for a resurgence in airport deals GIP hires advisers to sell its Edinburgh airport stake -sources Other airport deals in Italy, UK will probably follow -sources Recovery of air traffic post-pandemic encourages investors Updates first quote By Andres Gonzalez, Emma-Victoria Farr and Elisa Anzolin LONDON/FRANKFURT, Dec 1 (Reuters) - In the wake of the COVID-19 pandemic, a rebound in travel and rising interest rates is leading some airport owners and operato
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Heathrow stake sale opens the door for a resurgence in airport deals

FOCUS-Heathrow stake sale opens the door for a resurgence in airport deals GIP hires advisers to sell its Edinburgh airport stake -sources Other airport deals in Italy, UK will probably follow -sources Recovery of air traffic post-pandemic encourages investors By Andres Gonzalez, Emma-Victoria Farr and Elisa Anzolin LONDON/FRANKFURT, Dec 1 (Reuters) - In the wake of the COVID-19 pandemic, a rebound in travel and rising interest rates is leading some airport owners and operators to sell up after
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