Bloomberg Deutsche Bank AG had the credit rating of a class of debt cut to the lowest-investment grade level by Moody’s Investors Service after a change in German law last month paved the way for a more senior kind of borrowing. Moody’s downgraded the bank’s senior debt to Baa3 from Baa2 and reclassified the bonds as “junior senior” debt. The ...

Bloomberg Canada’s economy is gaining strength instead of buckling amid a trade fight with the US. Exports rose to a record high in June even as President Donald Trump slapped tariffs on steel and aluminum, and gross domestic product expanded in May at its fastest clip in a year, according to data released this week by Statistics Canada. That has ...

Bloomberg Aimia Inc. is leaving the door open to reaching an agreement with the Air Canada-led group that sought to acquire the company’s Aeroplan rewards program, seeking a sweetened offer from the airline. Aimia said it wants at least $347 million for Aeroplan after the Air Canada group boosted its bid to C$325 million from an initial proposal of C$250 ...