Reuters

By Promit Mukherjee and David Ljunggren

OTTAWA, June 13 (Reuters) - The Bank of Canada is reviewing the extraordinary actions it took during the pandemic to stimulate the economy, in an effort to be better prepared for a future crisis, a top executive said on Thursday.

The BoC, like several of its counterparts globally, ramped up its purchase of government bonds to pump money into the system, a policy known as quantitative easing. It also... (continue reading...)

By Aditya Kalra

NEW DELHI (Reuters) - India's Rajasthan state has told the federal government it found some spices of popular brands MDH and Everest "unsafe" for consumption after tests, a letter shows, as local and global scrutiny of the brands for alleged contamination intensifies.

Hong Kong in April suspended sales of three spice blends produced by MDH and one by Everest, saying they contained high levels of a cancer-causing pesticide... (continue reading...)

(Reuters) - U.S. Treasury Secretary Janet Yellen on Thursday said the U.S. employment picture increasingly resembles the job market that existed prior to the COVID-19 pandemic, and slowing wage growth is not a threat to add to inflation.

"The labor market has become a little less hot, a little bit more normal. The number of job openings has declined some. We've had a burst in labor force participation," Yellen said in an interview with CNBC.

By John Irish

BARI, Italy (Reuters) - When French President Emmanuel Macron arrived at the luxury Borgo Egnazia Italian resort on Thursday for the annual Group of Seven G7 leaders summit, he could have been forgiven for seeming a little downcast.

But after dissolving parliament and plunging France into a rocky political period just weeks before hosting the Olympic Games, he was all smiles and relaxed as arch-conservative Italian Prime... (continue reading...)

BEIRUT (Reuters) - Lebanon's Hezbollah said on Thursday it had launched rockets and weaponised drones at nine Israeli military sites in a coordinated attack, ramping up hostilities on Lebanon's southern border for the second consecutive day.

The attacks were made in retaliation for an Israeli strike on Tuesday that killed a senior Hezbollah field commander.

The group said in a statement it had fired volleys of Katyusha and Falaq rockets... (continue reading...)