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TSX futures muted as investors gird for Fed rate decision

Futures for Canada's main stock index were muted on Wednesday as investors avoided making big bets ahead of the U.S. Federal Reserve's much-awaited monetary policy decision that would offer more clues on the central bank's rate-hike trajectory.
Shilpi Majumdar Canada Goose Holdings Inc Retailer Loblaw Companies Ltd Thomson Reuters Trust Principles Toronto Stock Exchange Barrick Gold Corp

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China's Midea regains outbound deal appetite

Midea , a $58 billion Chinese white goods champion, made waves in Europe in 2016 when it bought German robot maker Kuka for nearly $5 billion. Seven years later, the company is eyeing Swedenโ€™s home appliance brand Electrolux , a complementary asset currently worth around $7 billion including debt. A successful tilt could mark the beginning of a revival in outbound M&A by Chinese firms after offshore deals touched a historic low of $29 billion in 2022, per EY estimates.
Pete Sweeney Thomas Shum Thomson Reuters Trust Principles Reuters Breakingviews Robyn Mak Thomson Reuters Trust

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