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Russian central bank hikes rates to fight inflation fuelled by military spending

Russian central bank hikes rates to fight inflation fuelled by military spending

MOSCOW (AP) — Russia's central bank hiked interest rates to their highest since the Kremlin sent troops into Ukraine more than 2 1/2 years ago, a step aimed at combatting the inflation fuelled by massive government outlays for the military — and by r
Boeing factory workers go on strike after rejecting contract offer

Boeing factory workers go on strike after rejecting contract offer

SEATTLE (AP) — Aircraft assembly workers went on strike Friday at Boeing factories in Washington, Oregon and California after union members overwhelmingly rejected a tentative contract that would have increased wages by 25% over four years.
Statistics Canada reports wholesale sales higher in July

Statistics Canada reports wholesale sales higher in July

OTTAWA — Statistics Canada says wholesale sales, excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseed and grain, rose 0.4 per cent to $82.7 billion in July.
BMO wins reversal of jury verdict in U.S. lawsuit against bank

BMO wins reversal of jury verdict in U.S. lawsuit against bank

TORONTO — BMO Financial Group says it has won the reversal of a 2022 jury verdict against the bank in a lawsuit related to a Ponzi scheme in the United States. The Canadian bank says the U.S.
Russian central bank hikes rates to fight inflation fueled by military spending in growing economy

Russian central bank hikes rates to fight inflation fueled by military spending in growing economy

MOSCOW (AP) — Russia's central bank raised its key interest rate by a full percentage point to 19% to combat high inflation as government spending on the military strains the economy's capacity to produce goods and services and drives up workers' wag
China hands PwC a 6-month ban and fine over audit of the collapsed developer Evergrande

China hands PwC a 6-month ban and fine over audit of the collapsed developer Evergrande

HONG KONG (AP) — Chinese authorities have banned the accounting firm PwC for six months and fined it over 400 million yuan ($56.4 million) over its involvement in the audit of collapsed property developer Evergrande.
Boeing factory workers go on strike after rejecting contract offer

Boeing factory workers go on strike after rejecting contract offer

SEATTLE (AP) — Aircraft assembly workers walked off the job early Friday at Boeing factories near Seattle after union members voted overwhelmingly to go on strike and reject a tentative contract that would have increased wages by 25% over four years.
Greenbelt issue a barrier to support for speeding up infrastructure: government poll

Greenbelt issue a barrier to support for speeding up infrastructure: government poll

TORONTO — One of the largest factors standing in the way of Ontario being able to speed up critical infrastructure projects is a sense of public distrust fostered by the government's own history with the Greenbelt, polling commissioned by the governm
China is raising its retirement age, now among the youngest in the world's major economies

China is raising its retirement age, now among the youngest in the world's major economies

BEIJING (AP) — China starting next year will raise its retirement age for workers, which is now among the youngest in the world's major economies.
China's legislature approves raising the retirement age, now among world lowest for major economies

China's legislature approves raising the retirement age, now among world lowest for major economies

BEIJING (AP) — China's legislature announced Friday that it was raising the retirement age for its workers, according to state broadcaster CCTV.
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