07:44 AM EDT, 05/17/2024 (MT Newswires) -- Aimia ( AIMFF ) on Friday said it has terminated agreements with Paladin Private Equity at a cost of $22.9 million. The agreements related to rights and obligations due to Paladin in Aimia's ( AIMFF ) subsidiaries, Bozzetto Group and Cortland International. These amounted to $12.6 million and $7.4 million in non-cash expenses...

07:44 AM EDT, 05/17/2024 (MT Newswires) -- It is difficult to be optimistic on the Canadian banking sector, CIBC Capital Markets said. With banks trading right around historical average valuation multiples, we think it is difficult to make a bullish call on the sector, analyst Paul Holden said in a note to clients. Revenue growth is subdued and credit risk...

07:45 AM EDT, 05/17/2024 (MT Newswires) -- (Updates with recent stock price movement in the last paragraph) Reddit ( RDDT ) will bring its content to Microsoft ( MSFT )-backed (MSFT) OpenAI's ChatGPT, the companies said Thursday. OpenAI will also become a Reddit ( RDDT ) advertising partner as part of the partnership. Financial details of the deal weren't disclosed....

07:46 AM EDT, 05/17/2024 (MT Newswires) -- XPeng ( XPEV ) Co-President Brian Gu said the latest US tariffs on Chinese electric vehicles could impede targets focused on carbon neutrality and green energy transition, Reuters reported Friday, citing the executive's remarks at a media briefing in Hong Kong. This has no impact on Xpeng Motors at the moment, but for...