Some strength in the IT and professional services sectors mean services growth as a whole scraped into positive territory for the month. However, that was not enough to offset contractions in manufacturing and construction sectors, meaning the UK economy shrank unexpectedly in May.
Shortly after the US stock market opened on Wednesday morning, Nvidia's stock price surged to $164.42. This pushed it briefly to a valuation of $4 trillion, a market value greater than the GDP of France, the UK, or India.
Jaguar Land Rover's quarterly sales fell by more than 10%, with total units sold decreasing from 97,755 to 87,286 compared to the same period last year.
The affected employees are part of its store support centres, as Lululemon evolves its organizational structure to operate with more agility and further invest in growth.
"It's about being self-reliant when it comes to waste management and all matters economic," Ontario's Environment Minister Todd McCarthy said in question period recently while defending the York1 project.
Swiss President Karin Keller-Sutter described the talks with U.S. Treasury Secretary Scott Bessent as "disappointing," but expressed hope for a solution to the upcoming U.S.-China tariff discussions.
Ontario Premier Doug Ford is signaling that his government's upcoming budget may not be balanced, as the province needs to support people in the face of U.S. President Donald Trump's tariffs.