TORONTO (Reuters) – Canadian economic activity contracted in July for the first time in seven months as a measure of employment fell, Ivey Purchasing Managers Index (PMI) data showed on Friday. The seasonally adjusted PMI fell to 48.6 in July from 50.2 in June. It was the first reading below the 50 level that indicates…
By Ari Rabinovitch and Steven Scheer JERUSALEM (Reuters) – Many of the biggest and wealthiest cities in Israel went on strike on Monday over a plan to reallocate their tax income, opening a new front against the government that is already under pressure over a contested judicial reform. The strike, bringing school closures and a…
(Reuters) – European equity funds attracted heavy inflows in the week ended April 6 as the Russia-Ukraine conflict whetted investor appetite for defence and energy stocks, while other regions posted outflows on concerns over unruly inflation. European equity funds received a net $4.84 billion in the period, while U.S. and Asian equity funds faced outflows…
(Reuters) – Russian mercenary chief Yevgeny Prigozhin said in a voice message published on Monday that his Wagner group was not currently recruiting fighters but was likely to do so in future. The future of Wagner and Prigozhin has been unclear since he led a short mutiny against the Russian defence establishment in late June…
BENGALURU (Reuters) – Apple Inc is set to open its first official retail store in India’s financial hub of Mumbai, the iPhone maker said on Wednesday. The Cupertino, California-based company launched an online retail store in India in 2020. Its 2021 plans for the launch of an offline retail store in the country were delayed…
MEXICO CITY (Reuters) – Two U.S. citizens died after contracting meningitis while getting treatment in a hospital in the northern Mexican border city of Matamoros, authorities said on Thursday, as they investigated some 400 suspected cases. “A contamination caused these deaths,” Mexican President Andres Manuel Lopez Obrador said in a regular press conference when asked…
By Seher Dareen and Vallari Srivastava (Reuters) – U.S. utilities faced a near 70% jump in cyberattacks this year over the same period in 2023, according to data from Check Point Research, underlining the escalating threat to a critical infrastructure. The utilities and power infrastructure across the U.S. are becoming increasingly vulnerable as the grid…
By Lewis Jackson SYDNEY (Reuters) -PricewaterhouseCoopers Australia staff who are found to have acted improperly in a scandal over the leaking of government tax plans will face “severe” consequences, acting chief executive Kristin Stubbins told a state parliament inquiry on Monday. In her first public appearance since her predecessor resigned over his involvement in the…
By Alessandro Parodi and Alberto Chiumento (Reuters) – Marilyn Nabor, an experienced high school mathematics teacher in the Philippines, moved to Italy 14 years ago with high hopes of honing her craft in the country of Galileo and Fibonacci. Now aged 49, she works as a housekeeper in Rome, counting cobwebs and crockery, and has…
By David Shepardson WASHINGTON (Reuters) – The leaders of two congressional committees want a federal probe into whether airlines used government pandemic money to fund pilot buyouts and early retirements that may have fueled current pilot shortages, according to a letter released on Friday. Congress approved $54 billion in three rounds covering much of U.S….
