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  • *CANADIAN PACIFIC RAILWAY LTD HAS NEW MULTI-YEAR AGREEMENT WITH SUNCOR ENERGY, EDMONTON TO VANCOUVER- CHIEF MARKETING OFFICER. *CP CRUDE SHIPPERS' BULLISH' THAT ALBERTA CRUDE PIPELINE BOTTLENECK, TEMPORARY PRODUCTION CURTAILMENT WILL GET' SORTED OUT'- EXEC. *CP SEES DOLLORAMA AS C $30 MILLION- C $50 MILLION OPPORTUNITY, SUNCOR C $20- PLUS MILLION NEAR-TERM...

  • LONDON, Jan 23- The Bank of England is likely to continue to raise interest rates gradually if the economy keeps growing, but will be "flexible" if there is a downturn, the central bank's chief economist said in an interview published late on Wednesday. "If the economy continues to tick along, as we expect, then we might expect some further limited and gradual rises,"...

  • BRASILIA, Jan 23- Brazil's new right-wing President Jair Bolsonaro will work to establish the formal independence of the country's central bank in his first 100 days in office, his chief of staff Onyx Lorenzoni said on Wednesday. He said the government also aims to obtain approval from the National Energy Council of the revision to the government's "transfer of...

  • NEW YORK, Jan 23- Mike Joo, Bank of America Corp's head of global rates and currencies origination, is taking over the role of operating chief within the corporate and investment bank as David Glaser retires, according to a memo sent on Wednesday. He joined Bank of America in 2006 as head of Asia Debt Capital Markets. His retirement marks the third executive...

  • BRASILIA, Jan 23- Brazil's new government expects to win Congressional approval for reform of the country's costly pensions system by the middle of this year, a senior Economy Ministry source said on Wednesday.

  • Jan 23- Boeing Co has warned that a prolonged U.S. government shutdown could hurt its business as well as the broader aviation industry, CNBC reported on Wednesday, citing an emailed statement from the plane-maker. The world's largest aircraft manufacturer said the partial U.S. government shutdown has not had a material impact on its business to date, but it may...

  • Jan 23- Vertex Pharmaceuticals Inc said on Wednesday it had terminated the employment of its chief operating officer and interim chief financial officer, Ian Smith, citing "personal behavior" that violated its code of conduct. Paul Silva, the company's corporate controller and chief accounting officer since 2008, has been appointed interim CFO, while the...

  • FX@ Jan 23- Brazil stocks scaled an all-time high on Wednesday and the currency firmed, boosted by the country's economy minister reiterating that much needed pension reforms remained the government's top priority, while a weaker dollar helped some other Latin American currencies rise. In Brazil, the real rose 1.3 percent and posted its biggest one-day gain in...

  • President Donald Trump said on Wednesday that the United States was doing well in trade talks with China. "I like where we are right now," Trump said in response to a question about trade negotiations with China by reporters at a White House event. Earlier on Wednesday, White House economic adviser Kevin Hassett said he believed the United States and China could...

  • NEW YORK, Jan 23- Ken Griffin, the billionaire founder of hedge fund Citadel, has paid $238 million for a penthouse condominium overlooking Manhattan's Central Park, a spokesman for Griffin said on Wednesday, in a deal that sets a record for a U.S. home sale. Griffin has closed on the unit in the 79- story residential tower, which is under construction for an estimated...

  • President Donald Trump said on Wednesday he would hold an alternative event to the State of the Union address after Democratic leader Nancy Pelosi barred him from speaking in the House of Representatives until the partial government shutdown ends. On Speaker Pelosi's move to lock him out of the House, Trump said at a White House meeting on border security, "It's...

  • BRUSSELS TO SUE UK OVER TAX BREAKS FOR COMMODITIES TRADERS - FT.

  • CP SEES STRONG CANADIAN GRAIN MARKET THROUGH FIRST HALF OF 2019,' ONGOING UNCERTAINTY' FOR U.S.

  • CP MOVED APPROXIMATELY 25,000 CARLOADS OF CRUDE IN Q4, A LARGE CONTRIBUTOR TO ENERGY, CHEMICALS, PLASTICS REVENUE GROWTH OF 46 PCT- CMO.

  • DAVOS, Switzerland, Jan 23- An overhaul of Brazil's pension system could save up to 1.3 trillion reais over the next decade, Economy Minister Paulo Guedes told Reuters on Wednesday, aiming as much as two-thirds higher than the last government's failed effort. Brazil's currency, stock market and bonds have rallied this year on expectations that Bolsonaro can...

  • SEATTLE, Jan 23- Boeing Co said on Wednesday its flying car prototype hovered briefly in the air during an inaugural test flight, a small but significant step as the world's largest planemaker bids to revolutionize urban transportation and parcel delivery services. Boeing is working with startup SparkCognition Inc and the U.S. Federal Aviation...

  • DETROIT, Jan 23- Ford Motor Co on Wednesday posted a lower operating fourth-quarter profit as losses in every global region except North America weighed on results. Ford said on Jan. 10 that it would cut thousands of jobs and look at plant closures in Europe as part of its plan to return to 6- percent operating margin in the region. Ford posted a fourth-quarter net...

  • Jan 23- Vertex Pharmaceuticals Inc said on Wednesday it had terminated the employment of its chief operating officer and interim chief financial officer, Ian Smith, citing personal behavior that violated its code of conduct. The termination is effective immediately and is unrelated to its financial and business performance, the company said.

  • WASHINGTON, Jan 23- Democratic leaders in the House of Representatives floated the idea on Wednesday of ending a partial U.S. government shutdown by giving President Donald Trump most or all of the money he seeks for security along the Mexican border but for items other than the wall he wants. Representative James Clyburn, the No. 3 House Democrat, said Democrats...

  • *White House adviser warns shutdown could lead to zero Q1 growth. Investor sentiment was dampened by reports that business leaders gathered at the World Economic Forum in Davos, Switzerland, were losing confidence in President Donald Trump's policies that have resulted in the prolonged U.S.- China trade stand-off. The United States could see zero growth in...