Category : Search result: asset freeze


CI Global to Manage Invesco Canada Mutual, ETF Funds

Invesco Ltd. signs deal for CI Global Asset Management to become manager of its Canadian retail mutual and exchange-traded funds family, effective 2026. Key shift in asset management landscape.

Socialist Zohran Mamdani Begins Term as New York City Mayor

Zohran Mamdani, a socialist Democrat, is sworn in as New York City's first Muslim mayor. His ambitious agenda of rent freezes and universal childcare faces a major test in navigating a relationship with President Donald Trump.

UK Pension Funds Eye Stake in Brookfield's Center Parcs

Major UK public pension funds, including Greater Manchester, are negotiating to buy a significant stake in holiday park operator Center Parcs, owned by Canada's Brookfield. The deal values the chain at £4.5 billion.

BP sells majority stake in Castrol for US$6 billion

BP Plc agrees to sell a 65% stake in its Castrol lubricants division to Stonepeak Partners for US$6 billion. The deal marks a key step in the energy giant's strategy to reduce debt and reset its business after a turbulent year.

Icy conditions expected in Waterloo Region

Waterloo Region prepares for hazardous icy roads following overnight rain and a sudden freeze. Stay informed on weather warnings and safety tips for the commute.

Snow, Gusty Winds Return to Edmonton Tonight

Edmonton faces a return of snow and gusty winds tonight, followed by a severe deep freeze. Get the latest forecast details and safety tips for the coming cold snap.

Sudbury, North Bay Under Freeze Warning

Environment Canada issues a flash freeze warning for Sudbury and North Bay. Get the latest forecast and safety tips for the incoming Arctic blast.

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