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Canada central bank holds interest rate steady amid tariffs chaos
Canada central bank holds interest rate steady amid tariffs chaos
by  AFP

The Bank of Canada on Wednesday held its key lending rate at 2.75 percent, pausing a stream of recent cuts due to shifting US trade policy and tariffs. "The major shift in direction of US trade policy and the unpredictability of tariffs have increased uncertainty, diminished prospects for economic growth, and raised inflation expectations," the central bank said in a statement.

Google facing £5 bn UK lawsuit over ad searches: firms
Google facing £5 bn UK lawsuit over ad searches: firms
by  AFP

Google on Wednesday said it would "vigorously" defend itself after some 250,000 UK businesses filed a multi-billion-pound legal claim against the US tech giant for allegedly overcharging for online advertising.