Category : Search result: asset freeze


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.

Heavy snow, deep freeze forecast for Edmonton

A significant winter storm is set to hit Edmonton with heavy snow on Wednesday, followed by dangerously cold temperatures. Get the latest forecast details and prepare for the Arctic blast.

Hamas official open to discussing weapons 'freeze'

A senior Hamas political official says the group is prepared to discuss halting its weapons arsenal. This development could signal a potential shift in the ongoing Israel-Hamas conflict. Read the latest details.

Oil Could Be Next TSX Driver After Gold's 2025 Surge

National Bank strategists predict Canada's energy sector, no longer seen as a 'stranded asset,' could power the TSX next year following a federal policy shift, while gold fueled 2025's record run.

B.C. Moves to Seize 3 More Hells Angels Clubhouses

British Columbia's government is pursuing the civil forfeiture of three Hells Angels clubhouses as part of a crackdown on organized crime. Learn about the legal strategy and its implications.

Laurentian Bank sells $1.9B portfolio in strategic split

Laurentian Bank CEO Éric Provost details the strategic $1.9 billion asset sale to National Bank and Fairstone Bank, marking a significant shift for the Canadian financial institution. Learn the details and implications.

Ottawa records coldest temperatures in 8 months

Ottawa residents are bundling up as the city experiences its coldest temperatures in eight months. Get the latest weather details and how the capital is coping with the sudden deep freeze.

Crypto Hoarders Dump Tokens Amid Market Rout

Companies that hoarded cryptocurrency are now selling their holdings as shares tumble. The $1 trillion market crash exposes flaws in the 'digital asset treasury' model. Read more.

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