Canadian

HSBC considers windfall dividend from $10 billion sale of Canadian unit to RBC

HSBC considers windfall dividend from $10 billion sale of Canadian unit to RBC

Deal comes under pressure from Chinese shareholder Analysts hail ‘sense’ deal The bank could return the proceeds of the transaction to the shareholders LONDON/TORONTO/NEW YORK, Nov 29 (Reuters) – HSBC (HSBA.L) has agreed to sell its Canadian business to Royal Bank of Canada (RY.TO) for C$13.5 billion ($10 billion). dollars) in cash, thus paving the …

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rocket prototype in silver on the left, canadian flag on the wall in behind, and a person leaning on equipment on the right

Residents of Canadian city call on startup SpaceRyde to stop noisy rocket engine testing

A Canadian town of 13,000 people wants a rocket startup to stop testing its engines there. Residents of Trent Hills, an Ontario town about two hours east of Toronto, are asking private rocket company SpaceRyde to halt engine testing in the area, and the municipality has sought legal advice to help to achieve this result, …

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