OTTAWA – Statistics Canada says Octobers inflation rate was 1.2 per cent, unchanged for the third straight month.
Canada inflation holds steady in October at 1.2 pct
OTTAWA (Reuters) – Canadian inflation was slightly stronger than expected in October as prices rose for almost all consumer items but the rate remained well below the central bank’s 2 percent target, suggesting interest rate hikes are still a long way off. Gasoline and electricity prices grew at a slower year-on-year pace than in September while prices for food, air travel and property taxes rose more sharply in the same period, Statistics Canada said in a report on Friday. Annual inflation held steady at 1.2 percent, unchanged from September but above the 1. …
Canada inflation holds steady in October at 1.2 percent
OTTAWA (Reuters) – Canadian inflation was slightly stronger than expected in October as prices rose for almost all consumer items but the rate remained well below the central bank’s 2 percent target, suggesting interest rate hikes are still a long way off. Gasoline and electricity prices grew at a slower year-on-year pace than in September while prices for food, air travel and property taxes rose more sharply in the same period, Statistics Canada said in a report on Friday. Annual inflation held steady at 1.2 percent, unchanged from September but above the 1. …
China puts Himalayan claims on passport map, India maps its own
NEW DELHI (Reuters) – India is stamping its own map on visas it issues to holders of new Chinese passports that contain a map depicting disputed territory within China’s borders, the latest twist in tension in Asia over China’s territorial claims. China’s new microchip-equipped passports contain a map that marks its claims over disputed waters and also show as its territory two Himalayan regions that India also claims. The map means countries disputing the Chinese claims will have to stamp microchip-equipped passports of countless visitors, in effect acquiescing to the Chinese point of view. …
TSX may open lower, Greek bailout eyed
(Reuters) – Canada's stock index futures pointed to a flat open on Friday, as investors stay cautious over the possibility of a Greek financial aid program that might be revealed on Monday. TOP STORIES International lenders have agreed new steps to cut Greece's debt pile further but it s till has to fill a 10 billion euro gap to gain the IMF's approval for its next tranche of aid, a senior Greek government official said. … Ottawa sued over Quebec fracking ban; U.S. firm says loss of permit 'illegal'
OTTAWA – An America company is suing the Government of Canada in a case involving Quebec’s controversial moratorium on hydraulic fracturing or fracking.
Queens Park Rangers fires manager Mark Hughes after team's woeful start in Premier League
LONDON – Mark Hughes’ uneasy 10-month spell at Queens Park Rangers came to end on Friday when he was fired by the Premier League’s last-place team, possibly paving the way for Harry Redknapp to return to English football as a replacement.
Afghan suicide attack kills 3, wounds more than 90
A Taliban suicide bomber detonated a truck full of explosives Friday in eastern Afghanistan, killing three Afghan civilians and wounding more than 90 people, including several Afghan and NATO troops, officials said. Opponents of Egypt's Islamic president clash with backers over new powers
CAIRO – Opponents of President Mohammed Morsi have set fire to offices of his Muslim Brotherhood in several Egyptian cities, clashing with his supporters after the Islamist leader assumed sweeping new powers.
Russian female punk rock band protester alone in cell after inmate tension
MOSCOW (Reuters) – Jailed Pussy Riot punk protester Maria Alyokhina has b een moved to a single-person cell at her own request because of tensions with follow prisoners, Russia's federal penitentiary service said on Friday. Alyokhina, 24, is serving a two-year sentence for a raucous protest against President Vladimir Putin in Moscow's main Russian Orthodox cathedral. Activists said her trial, and that of two band mates, was part of a crackdown on dissent. … Euro zone faces deepest downturn since early 2009
LONDON (Reuters) – The euro zone economy is on course for its weakest quarter since the dark days of early 2009, according to business surveys that showed companies toiling against shrinking order books in November. Service sector firms like banks and hotels that comprise the bulk of the economy fared particularly badly this month, and laid off staff at a faster pace. … Mersch takes ECB executive board job despite gender row
BRUSSELS (Reuters) – Luxembourg's Yves Mersch won a top post at the European Central Bank on Friday after months of dispute with lawmakers at the European Parliament who objected to his appointment because of a lack of women in the bank's senior ranks. The decision by European leaders to press ahead with Mersch could strain their relations with the European Parliament, potentially hampering agreement on reforms needed to resolve the bloc's debt and banking crises and in which lawmakers have a say. … South Korea mogul quits presidential bid, backs rival to challenge Park
SEOUL (Reuters) – South Korean software mogul Ahn Cheol-soo g ave up on Friday his bid to become president and endorsed another opposition candidate, setting the stage for a close race with conservative favorite Park Geun-hye to lead Asia's fourth largest economy. Opinion polls had shown that Park, daughter of the country's assassinated leader Park Chung-hee, would have easily the December 19 presidential election if the opposition had fielded two candidates and split the opposition vote. … 
No comments:
Post a Comment