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The key driver of US recovery still intact

  Bloomberg When US retail sales came in lower than expected last week, some began to worry that the average consumer wasn’t as strong financially as previously believed, but according to analysts at Macquarie Capital Markets Ltd., this is just a blip on the radar. While there are a number of reasons for consumers to be more cautious with political ...

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Fired Turkish Air CFO sues carrier as link to Gulen denied

  Bloomberg Former Turkish Airlines Chief Financial Officer Coskun Kilic said he’s suing to be reinstated to the job following a “completely unfair” mass firing at the carrier last month that was part of a government purge against alleged coup plotters. The lawsuit, which Kilic said he filed in an Istanbul administrative court last week, demands that the state-controlled carrier ...

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Vancouver housing fever eases even before tax

  Bloomberg Canada’s hottest housing market may be cooling. Home sales in Vancouver fell a third straight month in July, the Canadian Real Estate Association said, with price gains also showing signs of slowing. The data should be a relief to buyers and policy makers who have been growing increasingly worried about affordability in the city, and suggest Vancouver’s market ...

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