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August 29, 2024

Canada’s current account deficit widens to $8.5 billion in Q2

ISTANBUL: Canada’s current account deficit widened to $8.5 billion in the second quarter of this year on a seasonally adjusted basis, marking an increase of $3.1 billion from the previous quarter, Statistics Canada reported Thursday.

The country’s cu…

US wholesale inventories rise 0.3% in July

ISTANBUL: Wholesale inventories in the US increased 0.3% in July, compared to the previous month, according to Commerce Department figures released Thursday.

The figure, which measures the change in the total value of goods held in inventory by whole…