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Canadian factory PMI edges higher despite war-linked supply disruptions

By Fergal SmithCanada's manufacturing sector expanded further in June as production and employment rose, but not all was positive for the sector as intensifying supply shortages helped lift cost inflation to a near four-year high.The ‌S&P Global Canada Manufacturing Purchasing Managers' Index (PMI…

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Lindsay Corp reports results for the quarter ended May 31 - Earnings Summary

FORECAST CHANGESRECOMMENDATIONSThis summary was machine generated from LSEG data July 2 at 01:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact Refiniti…

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IMF to raise Brazil 2026 growth forecast, finance minister says

Brazil's Finance Minister Dario Durigan said on Thursday that the International Monetary Fund is expected to raise its forecast for Brazil's economic growth in 2026, as well as its estimate of the country's potential growth rate.The IMF is expected to release its macroeconomic updates for Brazil ne…

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Economy
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Fed's Daly says US policy 'slightly restrictive,' next step uncertain

By Ann SaphirSan Francisco Federal Reserve President Mary Daly said on Thursday that U.S. monetary policy is "slightly restrictive" but that with "exceedingly strong" investment growth in AI-related technology and a stable labor market it's unclear what the Fed's next step should be."I think there'…

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Economy
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Coffee climbs to five-month highs on crop concerns

Coffee futures rose to five-month highs on Thursday, buoyed by crop concerns in top producers Brazil and Vietnam, while white sugar surged to a 9-1/2-month peak.COFFEE* Robusta coffee ICEEUR:RC2! gained 1.1% to $3,811 a metric ton by 1310 GMT after climbing to a five-month peak of $3,920.* Dealers…

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WHO declares hantavirus outbreak linked to cruise ship over

The World Health Organization on Thursday declared the hantavirus outbreak linked to a cruise ship over after the last identified contact of an exposed person completed quarantine and tested negative for the virus.The outbreak, which infected 13 people and killed three, involved the Andes virus, a…

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Job growth falls short of expectations in June

U.S. job growth slowed more than expected in June and data for the prior month was revised lower, but the unemployment rate fell to 4.2%, pointing to continued labor market stability.Nonfarm payrolls increased by 57,000 jobs last month after a downwardly revised 129,000 rise in May, the Labor Depar…

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Relocating 6 million Singapore bees and counting, one nest at a time

Armed with nothing but a bandana and his bare hands, 42-year-old Clarence Chua rescues bees, scooping them from nests into wooden boxes to relocate them, sometimes to his own backyard.“What I like about them is if you respect them and you don't threaten their safety, they are totally OK with you be…

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