Monte Dei Paschi Enlists More Banks For Cash Call, Fights Legal Challenge
By Valentina Za MILAN (Reuters) -State-owned Italian bank Monte dei Paschi di Siena (MPS) said four more banks had agreed…
Canada Loses 30,600 Jobs, Unemployment Rate Stays At Record Low 4.9%
OTTAWA (Reuters) – Canada’s economy unexpectedly lost a net 30,600 jobs in July as the public sector contracted, while the…
3 more ships with grain depart Ukraine ports under UN deal
ISTANBUL (AP) — Three more ships carrying thousands of tons of corn left Ukrainian ports Friday and traveled mined waters…
‘What recession?’: US employers add 528,000 jobs in July
WASHINGTON (AP) — U.S. employers added an astonishing 528,000 jobs last month despite flashing warning signs of an economic downturn,…
Germany Wants Clearer EU Debt Rules To Rein In Spending – Govt Sources
BERLIN (Reuters) – Germany wants European Union rules on member states’ debt to be enforced more rigorously, government sources said…
Futures Steady Ahead Of Monthly Jobs Data
(Reuters) – U.S. stock index futures were steady on Friday ahead of data expected to show the pace of job…
Pacific rim economies in doldrums, sapped by inflation, war
BANGKOK (AP) — Economies in the Asia-Pacific are forecast to hit the doldrums this year as decades-high inflation and the…
EXPLAINER: How do we know when a recession has begun?
WASHINGTON (AP) — The government on Thursday updated its estimate of the U.S. economy’s performance in the April-June quarter and…
Global Bond Funds Receive Biggest Weekly Inflow In Nine Months
(Reuters) – Global bond funds obtained their biggest weekly inflow in nine months and purchases in money market funds also…
European Shares Fall As Energy Stocks Weigh; Focus On U.S. Jobs Data
By Bansari Mayur Kamdar (Reuters) -European shares edged lower on Friday as crude prices continued to weigh on energy stocks,…