OTTAWA, 5 June (Parliament Politics Magazine) – Canada added 87,800 jobs in May, lowering unemployment to 6.6 percent. While employment surged, wage growth slowed to 3.2 percent from 4.8 percent in April. This cooling wage growth remains a critical metric for the Bank
LONDON, 5 June (Parliament Politics Magazine) – The British pound sterling is heading for a third weekly gain against the dollar as steady oil prices ease inflation fears. The British pound sterling continues to strengthen as investors anticipate the Bank of England maintaining
LONDON, 5 June (Parliament Politics Magazine) – Chief of the Defence Staff Richard Knighton warned that Russia is raising security stakes, necessitating urgent action. Richard Knighton highlighted that UK defense investment plans remain stalled, leaving the nation vulnerable despite mounting pressure to meet
LONDON, 5 June (Parliament Politics Magazine) – UK house prices fell unexpectedly by 0.1% in May, reaching £298,806. Persistent inflation fears and elevated borrowing costs are driving this downturn. While economists expected growth, inflation pressures have tempered buyer demand, resulting in the second
NEW DELHI, 5 June (Parliament Politics Magazine) – GOLD demand in India remains severely subdued as volatile prices and higher import tariffs force buyers to postpone purchases. Retail activity continues to decline despite the wedding season, with local jewelers offering deep discounts to
MUMBAI, 5 June (Parliament Politics Magazine) – The Reserve Bank of India has launched a coordinated suite of measures to maximize dollar inflows and defend the rupee. By easing investment rules and incentivizing foreign capital, India aims to stabilize its economy amid record
WASHINGTON, 4 June (Parliament Politics Magazine) – Wall Street banks in New York are aggressively promoting the upcoming SpaceX initial public offering. Major firms like JPMorgan and Bank of America are hosting exclusive events to drum up investor interest as SpaceX prepares
London, 4 June (Parliament Politics Magazine) – Following proceedings at the London High Court, financier Lex Greensill received a nine-year directorship ban. Avoidance of a trial at the London High Court occurred after he signed a binding undertaking. This resolution concludes investigations into
OTTAWA, 4 June (Parliament Politics Magazine) – Canada unveiled a national AI strategy in Toronto, projecting the creation of 250,000 jobs and a 3% GDP boost by 2031. This initiative provides massive funding for domestic firms, aiming to enhance productivity while strengthening consumer
LONDON, 4 June (Parliament Politics Magazine) – The FTSE 100 in London fell to a two-week low today as energy and banking stocks declined. Market sentiment in London suffered following reports of new China offshore account restrictions and a contraction in the domestic
AUSTIN, 3 June (Parliament Politics Magazine) – Tesla officially expanded its unsupervised robotaxi service to the entire Austin metro area today. This rollout marks a significant strategic milestone for Tesla as the company accelerates its autonomous ride-hailing operations by removing human safety drivers
LONDON, 3 June (Parliament Politics Magazine) – Japanese automaker Nissan has signed a non-binding agreement to manufacture vehicles for Chinese automotive giant Chery at its Sunderland facility in Britain. The arrangement optimizes factory utilization after Nissan consolidated its own operations onto a single