Business and Financial News



The Bank of Canada is expected to raise interest rates Wednesday, raising concerns about the debt levels of Canadians who are already struggling to pay their bills.

An Indian court on Tuesday remanded three people, including the spokeswoman of the country's biggest digital payments company Paytm, to a week's custody over an alleged bid to blackmail its founder and extort $2.7 million by threatening to leak stolen personal data.

France's Safran posted an 11.4 percent rise in underlying third-quarter sales, led by aerospace and defence, and said it was "well on track" to meet full-year targets with the help of accelerating production of a new jet engine.

Growth isn’t falling off a cliff, but we may be at a turning point.

Lockheed Martin Corp , the Pentagon's No. 1 weapons supplier, on Tuesday posted a better-than-expected rise in quarterly profit, driven by higher production of its F-35 fighter jets, and forecast that sales would top Wall Street estimates for next year.

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