Canada recorded a C$148.58 billion budget deficit for the first four months of the 2020/21 fiscal year, reflecting the impact of the economic downturn and the cost of COVID-19 emergency aid, the finance department said Friday. By comparison, Canada posted a C$1.56 billion deficit in the same period of fiscal 2019/20.
Orders for long-lasting factory goods increased for the fourth consecutive month in August, a sign of the manufacturing industry's continued recovery from coronavirus pandemic-related disruptions. New orders for durable goods-- products designed to last at least three years-- rose 0.4% in August compared with July, the Commerce Department said Friday. The August increase was at a slower pace than earlier in the summer, when orders rebounded following a collapse in demand from...
New orders for key U.S.-made capital goods increased more than expected in August and shipments raced to their highest level in nearly six years, suggesting a rebound in business spending on equipment was underway after a prolonged slump.
New orders for key U.S.-made capital goods increased more than expected in August and shipments raced to their highest level in nearly six years, suggesting a rebound in business spending on equipment was underway after a prolonged slump.
London Mayor Sadiq Khan requested that Prime Minister Boris Johnson ban people from different households mixing as part of lockdown measure on the capital to halt the spread of COVID-19, the Guardian reported on Friday.
Japanese Finance Minister Taro Aso said on Friday that China's participation in a debt relief initiative dubbed "DSSI" was insufficient and that the Group of Seven advanced economies must put more pressure on Beijing to abide by it.
* Core capital goods orders increase 1.8% in August. * Core capital goods shipments rise 1.5% * Durable goods orders gain 0.4%; shipments fall 0.3% By Lucia Mutikani.
The Baltic Exchange's main sea freight index on Friday hit an over two-month high on higher vessel rates across segments, and along with the capesize index posted its highest weekly rise since mid-June. * The Baltic dry index, which tracks rates for ships ferrying dry bulk commodities and reflects rates for capesize, panamax and supramax vessels, was up 62 points, or 3.9%, at 1,667 points.
Orders for long-lasting factory goods increased for the fourth consecutive month in August, a sign of the manufacturing industry's continued recovery from coronavirus pandemic-related disruptions. New orders for durable goods--products designed to last at least three years--rose 0.4% in August compared with July, the Commerce Department said Friday. The August increase followed bigger advances from earlier in the summer, when orders rebounded following a collapse in...
Evans Bancorp Inc (EVBN): * Evans Bancorp Inc (EVBN) - CO AND UNIT HAVE AGREED TO AMEND AND EXTEND EMPLOYMENT AGREEMENT WITH DAVID NASCA, PRESIDENT AND CEO. * Evans Bancorp Inc (EVBN) - AMENDMENT PROVIDES THAT NASCA'S PERIOD OF EMPLOYMENT WILL CONTINUE UNTIL OCTOBER 27, 2022 Source text Further company coverage:
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