International

Canadian heavy crude is trading at the smallest discount to benchmark U.S. oil in almost four years after a rush of sales to beat tariffs drained the country’s inventories. 

Global Eggs, a company controlled by Brazilian entrepreneur Ricardo Faria, has agreed to buy U.S. egg producer Hillandale Farms for US$1.1 billion.

Traders who’d bet on sharp swings in the US$7.5 trillion-a-day foreign-exchange market surrounding Donald Trump’s last two tariff deadlines are taking a new approach as the U.S. president vows an April 2 trade reckoning.

Wal-Mart de Mexico SAB, the local unit of the US retail giant, plans to invest $6 billion this year in its Mexico operations to add more locations.

Dollarama Inc. says it is looking to grow the Reject Shop, the Australian discount retailer it is buying, to about 700 stores by 2034.

The withdrawal of a time-tested liquidity backstop offered by the U.S. Federal Reserve would represent the greatest risk to the dollar’s status as a reserve currency since the end of World War II, according to Deutsche Bank.

The U.S. cities most vulnerable to a trade war with Canada turn out to largely be in the states that helped return Donald Trump to the White House — a sign of the possible political risk he’s taking with his tariff plans.

The world’s largest asset manager is betting big on a growing breed of derivatives-powered ETFs that’s shaking up the art of active portfolio management.

U.S. President Donald Trump’s promised tariffs on softwood lumber risk disrupting the supply chain for something nobody wants to be caught without: toilet paper.

Bankrupt genetic testing firm 23andMe Holding Co. won permission from a judge to try to sell information about customers’ medical and ancestry-related data, a trove that is considered the most valuable asset in the insolvency case — and has become a source of privacy and safety concerns amid the company’s collapse.

Oil held a gain after U.S. crude inventories fell the most since December, signaling the prospect for near-term supply tightness.

U.S. President Donald Trump is dead set on taking control of Greenland, the world’s biggest island and a self-ruling territory of Denmark, despite opposition from Greenlanders and Danes. 

Porsche AG and Mercedes-Benz Group AG will be hit hardest by President Donald Trump’s latest trade salvo, facing a potential €3.4 billion ($3.7 billion) blow from new U.S. tariffs on imported cars.

Goldman Sachs Group Inc. ramped up its gold price forecast to $3,300 an ounce by year-end, citing stronger-than-expected central bank demand and solid inflows into bullion-backed exchange traded funds.

GameStop Corp. is seeking to sell $1.3 billion of convertible bonds to fund Bitcoin purchases as it embraces a strategy that was developed by the cryptocurrency advocate Michael Saylor.