Retail Sales Fall in Canada With Higher Rates Pinching Consumers
Canada’s consumers are starting to feel the pinch of higher interest rates as they pull back on spending.
Bloomberg Business
South Africa’s Energy Chief Opens Coal Mine as Blackouts Persist
South Africa’s energy minister attended the opening of a new coal mine, promoting use of the dirtiest fossil fuel as the government struggles to control an energy crisis.
Rogers Hires Bains From CIBC as Shaw Integration Begins
Rogers Communications Inc. hired Navdeep Bains, a former cabinet minister turned banker, to an executive role as the wireless and cable firm begins to absorb the assets of Shaw Communications Inc.
Twitter Scraps Labels Calling News Publishers Government Funded
Twitter Inc. removed labels describing news organizations as government-funded or state-affiliated after weeks of sparring between them and the site’s billionaire owner Elon Musk.
Investors Are Anxious About the Debt Ceiling. These Charts Show How Much
Investors are little closer to knowing just when the US might default on its debts than a week ago and there are signs that they’re getting more worried about the risks posed by the $31.4 trillion statutory borrowing limit.
Rishi Sunak Names Oliver Dowden Deputy Prime Minister
Alex Chalk has been named Secretary of State for Justice, according to emailed statement.
Russia Accidentally Bombs One of Its Own Cities Near Ukraine, Injuring Three
A Russian warplane accidentally fired on a city near the border with Ukraine, wounding at least three people, according to state-run media.
China Delists Two Firms on IPO Fraud, Vows ‘Zero Tolerance’
China’s securities regulator said it will delist two firms after finding fraud in their initial public offerings, pledging “zero tolerance” for violations or crimes in its capital markets.
Tesla Abandons Mercedes Battle to Take on the Likes of Ford
Tesla Inc. has entered a new era: one in which Elon Musk keeps a different set of car executives up at night, while others rest a little easier.
Gramercy Backs Argentina Bull Case as 104% Inflation Guides Vote
Gramercy Funds Management, one of Argentina’s most-loyal bulls, is once again forecasting a comeback for the nation’s $65 billion of beleaguered foreign debt — just as the bonds slump to lows for the year.
