Bank of Canada surveys show inflation expectations surging

Breadcrumb Trail Links News FP Economy Bank’s surveys of businesses and consumers show growing doubt about its ability to put a lid on inflation Short-term expectations of inflation climbed to the highest since the central bank began polling consumers in 2014. Photo by Getty Images Article content The Bank of Canada’s latest quarterly surveys of … Read more

US property reinsurance renewals show large increases: Gallagher Re

Mid-year reinsurance renewals showed hefty increases in U.S. property business and more modest casualty rate movements, according to a report Friday from Gallagher Re, the reinsurance business of Arthur J. Gallagher & Co. U.S. reinsurance renewals nationwide saw rate increases ranging from 5% to 15% for loss-free accounts to up 20% to 40% for catastrophe-exposed, … Read more

Transaction figures show small increase in May: HMRC

Residential property transactions in the UK increased on a monthly basis in May, new government figures show.  On a non-seasonally adjusted basis, transactions in May 2022 increased to 100,870, which is 1.6% higher than the previous month but 2.0% lower than in May last year, according to HMRC. Meanwhile, non-residential transactions came to 10,250, representing a … Read more

Kerala CM urges Modi to suspend Agnipath, says protests show youths’ mood

Kerala Chief Minister Pinarayi Vijayan on Saturday urged Prime Minister Narendra Modi to put on hold the Agnipath scheme, saying the “protests erupting” against it is a clear indication of the sentiments of India’s youngsters. His statement came amid raging protests in many states including Kerala against the implementation … Read more

German, French, Italian leaders arrive in Kyiv to show solidarity

Breadcrumb Trail Links PMN Business Author of the article: Article content KYIV — French President Emmanuel Macron, German Chancellor Olaf Scholz and Italian Prime Minister Mario Draghi arrived in Kiyv on Thursday on a joint trip to show their backing for Ukraine as it struggles to withstand a Russian assault. BFM TV showed live footage … Read more

Cong to demonstrate show of strength on Monday against ED summons to Rahul

The Congress is gearing up to demonstrate a political show of strength on Monday when the party leader Rahul Gandhi will appear before the Enforcement Directorate (ED) in connection with a money laundering case. Congress is planning a big event to show its strength and convey its political message … Read more