Next Beats as Clothes Fly-Off Shelves
Bloomberg's Caroline Hyde and Mark Barton discuss the latest results from the U.K.'s second largest retailer Next.
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Canada Banks See Mortgage Slowdown as Nation Taps Brakes
55:49 - With four of Canada’s biggest banks reporting second-quarter results, the trend shows decelerating growth in home loan portfolios and, in some cases, shrinkage. It’s a welcome sign for officials struggling to curb house prices in two of the nation’s largest cities. The easing follows federal government moves in October to tighten mortgage insurance rules and other measures while opening the door to shift risks of defaulting mortgages to banks. Bloomberg's Doug Alexander reports. (Source: Bloomberg)