Posthaste March 22: Paulson’s thumbs-down on gold deal, Quebec fights for HQs and a rate-cut signal

Posthaste March 22: Paulson’s thumbs-down on gold deal, Quebec fights for HQs and a rate-cut signal

Good morning! Newmont Mining gets a thumbs-down on the takeover of Goldcorp from one of its biggest shareholders, John Paulson. Grim data from Europe’s powerhouse fuels markets’ growing fears of a global economic slowdown and Quebec unveils plans to spend $1 billion to keep corporate headquarters like SNC-Lavalin’s in the province. Surprise of the morning,…

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Quebec to spend $1 billion to keep corporate head offices like SNC Lavalin’s in the province

Quebec to spend $1 billion to keep corporate head offices like SNC Lavalin’s in the province

QUEBEC CITY — Quebec’s government said on Thursday it would balance its books in 2019-20 while cutting debt and announced a plan to invest $1 billion to help keep corporate head offices in the predominantly French-speaking Canadian province. The center-right Coalition Avenir Quebec (CAQ) government, elected for the first time in October with a legislative…

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The arrest of Michel Temer

The arrest of Michel Temer

OPERATION CAR WASH, Brazil’s sweeping anti-corruption investigation, has snared yet another president. Michel Temer, who became head of state in 2016 following the impeachment of his predecessor, Dilma Rousseff, was arrested by federal police on the morning of March 21st while driving in São Paulo. Federal prosecutors have accused him of running a “criminal organisation”…

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