 | | | | Germany wants European Union rules on member states' debt to be enforced more rigorously, government sources said on Friday, setting out reforms sought by Berlin. | | | | | | In the weeks that followed Russia's invasion of Ukraine, western Europe's big economies began to falter. But further east it was still boom-time thanks to double-digit wage hikes and generous state handouts in some countries. | | | | | | U.S. bond funds recorded their biggest weekly purchase in eleven months in the week to Aug. 3 on expectations that slowing growth would prompt the Federal Reserve to slow down the pace of its rate hikes to aid the economy. | | | | | | Russian stocks are expected to decline in August as investors from so-called "friendly" countries, a fraction of foreign investment power, return to the unchartered waters of an equity market now offering huge risks and insufficient transparency. | | | | | | Canada's Canopy Growth Corp , reported a quarterly loss on Friday, as the cannabis producer incurred an impairment charge of C$1.72 billion ($1.33 billion) related to its operations. | | | | | | Apple Inc has asked suppliers to ensure that shipments from Taiwan to China comply with the latter's customs regulations to avoid them from being held for scrutiny, according to a Nikkei report on Friday. | | | | | | Shares of Jack Dorsey-led Block Inc , a digital payments firm that has bet big on bitcoin, declined nearly 7% in premarket trading on Friday after the company reported a loss in quarterly results on waning interest in cryptocurrencies. | | | | | | The banks that agreed to finance Elon Musk's $44 billion Twitter acquisition have a financial incentive to help the world's richest person walk away but would face long legal odds. | | | | | | Turkey's current account is expected to record a deficit of $3.4 billion in June and end the year with a deficit of more than $40 billion, a Reuters poll showed on Friday, as soaring energy prices widen the shortfall. | | | | | | U.S. stock index futures were steady on Friday ahead of data expected to show the pace of job growth slowed in July, but stayed strong enough to keep the Federal Reserve on its policy tightening path. | | | | | |
