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Bank of Italy sees Italian economy contracting 5% in first quarter
ROME (Reuters) – Italian gross domestic product will contract by around 5% in the first quarter of this year from the previous three months as the economy is hit by a lockdown to try to contain the coronavirus, the Bank of Italy said on Friday. In its quarterly economic bulletin, the central bank said industrial […]
Bloc Quebecois leader to be tested for coronavirus after wife tests positive
Bloc Quebecois leader Yves-François Blanchet will be tested for the novel coronavirus on Wednesday after his wife tested positive. The party said Tuesday that Blanchet is self-isolating at his residence in Shawinigan, Que., and will be tested in nearby Mauricie. “He is doing perfectly well,” his spokesperson Carolane Landry said in a statement. Blanchet’s wife, […]
Canada gains surprise 35,200 jobs in December, unemployment rate falls to 5.6%
By Kelsey Johnson OTTAWA (Reuters) – Canada gained a higher-than-expected 35,200 net jobs in December, entirely in full-time positions, while the unemployment rate fell to 5.6%, official data showed on Friday, figures that could ease some concerns about the strength of the Canadian economy. Analysts in a Reuters poll had forecast a gain of 25,000 […]