Canada’s May unemployment rate rises for first time in nine months to 5.2%
By Ismail Shakil and Steve Scherer OTTAWA (Reuters) -Canada unexpectedly shed jobs in May and the unemployment rate rose for…
Business
Factbox-UBS, government agree on Credit Suisse loss guarantees – key points
(Reuters) – UBS and the Swiss government agreed on Friday on how they will share losses linked to the bank’s…
Canada loses 17,300 jobs in May, jobless rate rises to 5.2%
TORONTO (Reuters) – Canada’s economy lost a net 17,300 jobs in May, entirely in full-time work, and the jobless rate…
U.S. equity funds post biggest weekly outflow in 10 weeks
(Reuters) – U.S. equity funds had their biggest weekly outflow in 10 weeks in the seven days to June 7…
Retail traders tiptoe back into U.S. stocks after 3-month hiatus
(Reuters) – Retail trading in U.S. stocks is starting to pick up again after months of slowdown, data showed, as…
With eye on China, US and five allies condemn trade-related ‘economic coercion’
By Jeff Mason WASHINGTON (Reuters) – The United States and five of its allies on Friday condemned the use of…
EV maker Lordstown plans to sue Foxconn over funding dispute
(Reuters) – Lordstown Motors said on Friday it plans to take legal action against investor Foxconn to ensure that the…
Investors pile into cash, bonds ahead of key rate decisions-BofA
By Samuel Indyk LONDON (Reuters) – Investors poured money into cash and bonds in the week to Wednesday, according to…
China’s central bank upbeat on Q2 GDP growth, confident on 2023 targets
BEIJING (Reuters) -China’s economic growth is expected to be “relatively high” in the second quarter compared to the prior year,…
Whoosh! Global equity funds see biggest weekly outflows in 12 weeks
(Reuters) – Global equity funds posted outflows for the eighth consecutive week in the seven days leading up to June…