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Canada’s Counter-Tariffs on $27.6 Billion of U.S. Goods Take Effect
The surtaxes range from 15% to 50% and cover U.S. imports including steel, dairy, appliances, agricultural equipment, pulp and paper, plastics and electronics.
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UK High-LTV Mortgage Lending Hits Highest Share Since 2008 as Advances Jump 31.7%
New mortgage commitments rose only 1.3% year over year to £79.2 billion, while loans above 75% LTV took their largest share of advances since late 2007.
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Germany’s July Exports Fall 0.8% as Import Drop Widens Trade Surplus to €21.3 Billion
Imports fell much faster than exports in July, while shipments to the United States rebounded and exports to China weakened.
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RBA’s Sarah Hunter Says Stronger Inflation Could Trigger Another Rate Hike
RBA Assistant Governor Sarah Hunter said the Board may need to raise rates again if inflation runs stronger than forecast, with oil and domestic price pressures keeping risks…
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Japan Revises Q2 GDP Growth Up to 1.4% Annualized
Japan's second estimate showed a 0.4% quarterly expansion as a smaller decline in business investment lifted domestic demand, while net exports remained the main support.
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Novartis Del-Desiran Phase III Trial Misses Primary Endpoint; 2025-2030 Sales Outlook Unchanged
The HARBOR study failed to show a statistically significant benefit on video hand opening time, but Novartis kept its 5%-6% constant-currency sales CAGR outlook for 2025-2030 while it…
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Pixxel Raises $100 Million in Series C to Expand Satellite and Earth-Intelligence Business
The round, led by Temasek and Seraphim, will fund Pixxel's Honeybee constellation, new sensing capabilities, Aurora software and added satellite manufacturing capacity.
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Austin-Based Formentera Partners Begins First-Ever Commercial Gas Sales From Australia’s Beetaloo Basin
Formentera Partners and its Daly Waters Energy unit have reached first commercial gas sales from the Beetaloo Basin as Shenandoah South starts supplying the Northern Territory market.
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Northern Trust Wins Asset-Servicing Mandate From £3.6 Billion Warwickshire Pension Fund
The £3.6 billion LGPS fund appointed Northern Trust for global custody, valuation reporting, capital-call execution and performance measurement as the sector adapts to new pooling and governance rules.
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BioRestorative Therapies’ 1-for-20 Reverse Stock Split Set to Take Effect
The split is scheduled for 4:30 p.m. ET on September 7, with BRTX set to begin split-adjusted trading September 8 as the company works to regain Nasdaq’s $1…