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Fitch affirms Canada’s AA+ rating with stable outlook

ISTANBUL: Fitch Ratings said Tuesday that it affirmed Canada’s long-term foreign currency issuer default rating at AA+ with a stable outlook.

“Canada’s ratings reflect strong governance, high per-capita income and a macroeconomic policy framework tha…

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US commits up to $667 million to global Pandemic Fund

ISTANBUL: The US has committed up to $667 million to global Pandemic Fund, or one third of the $2 billion resource mobilization goal, to support the Fund through 2026, the Treasury Secretary Janet Yellen announced Wednesday.

The global Pandemic Fund …

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US wholesale inventories rise 0.2% in June

ISTANBUL: Wholesale inventories in the US increased 0.2% in June, compared to the previous month, according to Commerce Department figures that were released Wednesday.

The figure, which measures the change in the total value of goods held in invento…

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