Canada posts biggest trade deficit in almost three years, analyst predicts ‘rough summer’
By Ismail Shakil and David Ljunggren OTTAWA (Reuters) -Canada’s trade deficit widened to C$3.73 billion ($2.77 billion) in June from…
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Fox beats profit estimates as ad market gains momentum
By Samrhitha A (Reuters) -Fox Corp topped Wall Street expectations for quarterly profit on Tuesday as the Rupert Murdoch-controlled company…
Marketmind: China trade data disappoints, again
A look at the day ahead in U.S. and global markets by Alun John. U.S. equity markets saw their first…
Emergent BioSolutions to lay off about 400 employees
(Reuters) – Emergent BioSolutions on Tuesday decided to cut 400 jobs and scale back operations at some its facilities, pivoting…
Meta Platforms seeks to stop privacy breach fine in Norway
By Gwladys Fouche OSLO (Reuters) -Meta Platforms is asking a court in Norway to stop a fine the Nordic country’s…
Factbox-What sanctions have been imposed on Niger since the coup?
By Bate Felix and Anait Miridzhanian DAKAR (Reuters) – Niger’s regional and Western allies have announced a series of sanctions…
After attacking Ukraine wheat exports, Russia faces own shipping challenge
By Jonathan Saul and Nigel Hunt LONDON (Reuters) – Russia’s lack of ships and Western grain traders’ shrinking appetite for…
S.Africa’s Nedbank warns of sticky bad loans, 2025 targets at risk
By Promit Mukherjee JOHANNESBURG (Reuters) -South Africa’s Nedbank Group, amongst the top five lenders in the country, warned on Tuesday…
Carlyle Group stake purchase values Quest Global at $2 billion, sources say
By Kane Wu HONG KONG (Reuters) -U.S. private equity firm Carlyle Group has agreed to purchase a minority stake in…
China’s trade slumps, threatening recovery prospects
By Joe Cash BEIJING (Reuters) -China’s imports and exports fell much faster than expected in July as weaker demand threatens…