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China’s central bank says lenders to tolerate higher bad loans to support virus-hit firms
BEIJING (Reuters) – China’s central bank said on Saturday that the country’s lenders will tolerate higher levels of bad loans, part of efforts to support firms hit by the coronavirus epidemic. “We will support qualified firms so that they can resume work and production as soon as possible, helping maintain stable operations of the economy […]
Canada economy shrinks for first time in eight months, hit by U.S. auto strike
By David Ljunggren OTTAWA (Reuters) – Canada’s economy unexpectedly shrank by 0.1% in October, the first monthly decline since February, partly because of a U.S. auto strike that hit manufacturing, Statistics Canada data indicated on Monday. Analysts in a Reuters poll had forecast a gain of 0.1% following a 0.1% advance in September. Goods-producing industries […]
Teacher jailed for ‘refusing to call boy a girl’ in row over ‘Christian beliefs’
Don’t miss a thing! Sign up to the Daily Star’s newsletter We have more newsletters A devoutly-Christian teacher who refused to comply with a court order has been jailed indefinitely. Enoch Burke had been ordered by the court not to enter Wilson's Hospital School in Westneath after he refused to use a transgender pupil’s chosen […]