Canada’s inflation falls to 27-month low but underlying pressures persist
By Ismail Shakil and Steve Scherer OTTAWA (Reuters) -Canada’s annual inflation rate dropped more than expected to a 27-month low…
Economy
USAID chief visits Odesa, unveils $250m for Ukrainian farmers
ODESA, Ukraine (Reuters) – U.S. aid chief Samantha Power on Tuesday pledged $250 million in new funding to help Ukrainian…
Schwab’s profit drops less than expected on asset management strength
(Reuters) -U.S. brokerage firm Charles Schwab reported a smaller-than-expected drop in second-quarter profit on Tuesday as a jump in asset…
Healthy US consumers shrug off recession concerns, for now
By Nupur Anand NEW YORK (Reuters) – U.S. consumers are still keeping up with their loan payments despite rising costs…
US envoy Kerry says climate cooperation could redefine US-China ties
By Valerie Volcovici BEIJING (Reuters) -China and the United States could use climate cooperation to redefine their troubled relationship and…
Mining gear maker Epiroc upbeat on outlook after profit jump
By Marie Mannes STOCKHOLM (Reuters) -Swedish mining equipment maker Epiroc expects to benefit from continuing high demand in the near…
New York City pension chief urges pay clawbacks at Bank of America
By Ross Kerber (Reuters) – New York City’s top pension official has urged Bank of America’s board to claw back…
Two Polish central bankers say rate cut could come this year
WARSAW (Reuters) – Poland could cut interest rates this year, two central bankers were quoted as saying on Tuesday, fuelling…
BOJ’s Ueda signals resolve to maintain ultra-easy policy
By Leika Kihara and Tetsushi Kajimoto (Reuters) -Bank of Japan (BOJ) Governor Kazuo Ueda said on Tuesday there was still…
Long-feared corporate debt woes start to hit home
By Chiara Elisei and Dhara Ranasinghe LONDON (Reuters) – The spectre of rising corporate debt defaults exacerbating a global economic…