People's Bank of China Cautions on Crisis
Central bank Governor Zhou Xiaochuan highlighted the effects on China of what he termed five years of crisis, adding to officials’ cautions on the economic outlook even after a rebound in exports.
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Canadian National Beats Estimates After Cutting Costs
57:09 - Canadian National Railway reported second-quarter profit that topped analysts’ estimates as the carrier cut jobs and parked locomotives to blunt the effects of weakening freight demand. Bloomberg Intelligence's Lee Klaskow speaks on The Daily Brief. (Source: Bloomberg)