Canada retools inflation baskets, more focus on food, gas prices
By David Ljunggren OTTAWA (Reuters) – Canada’s national statistics agency on Tuesday revealed new weights for the basket of goods…
Economy
Fed’s Barr says Fed exploring how to speed up bank oversight process
By Michael S. Derby NEW YORK (Reuters) – Federal Reserve Vice Chair for Supervision Michael Barr on Tuesday said the…
Ghosn to fight ‘to the end’ as sues Nissan in Lebanon
By Tom Perry, Maya Gebeily and Laila Bassam BEIRUT (Reuters) -Carlos Ghosn said on Tuesday he will fight “to the…
Exclusive-Lockheed raises concerns over L3Harris-Aerojet deal
By Valerie Insinna PARIS (Reuters) – Lockheed Martin has raised concerns with the U.S. Defense Department and Federal Trade Commission…
Alibaba CEO and Chairman Zhang to step down to focus on cloud business
By Brenda Goh and Casey Hall SHANGHAI (Reuters) -Alibaba Group on Tuesday said its CEO and chairman Daniel Zhang will…
New US home construction surges by most in 3 decades in May
(Reuters) -Groundbreaking on U.S. single-family homebuilding projects surged in May by the most in more than three decades and permits…
China-exposed miners, luxury shares drag STOXX 600 down; Lanxess plunges
By Shreyashi Sanyal and Bansari Mayur Kamdar (Reuters) -German stocks fell on Tuesday as shares of speciality chemicals maker Lanxess…
Dimon may have ordered JPMorgan’s review of Epstein ties, Virgin Islands says
By Luc Cohen NEW YORK (Reuters) – JPMorgan Chase Chief Executive Jamie Dimon may have ordered a 2019 review of…
Exclusive-Engineering consultant NV5 Global explores sale -sources
By David Carnevali (Reuters) -NV5 Global Inc, a U.S. engineering consultant whose business has taken a hit from its exposure…
KKR to buy up to $44 billion of PayPal’s buy now, pay later loans in Europe
By Manya Saini and Hannah Lang (Reuters) -Private equity firm KKR has agreed to purchase a substantial portion, or up…