Panasonic Plunges on $9.6 Billion Loss Forecast

Panasonic Corp., Japan’s second-biggest TV maker, plunged by the daily limit in Tokyo trading after forecasting a loss 30 times bigger than analyst estimates because of restructuring costs and falling demand.

Slowest Inflation in Two Years Ratifies Poloz's Pessimism
05:05 - Canada's core inflation rate was the slowest in two years in August, missing even the most bearish forecast, in another blow to the country’s economic outlook. Bloomberg's Greg Quinn reports. (Source: Bloomberg)
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