PRESS DIGEST- Canada - July 8

miércoles 8 de julio de 2015 08:02 GYT
 

July 8 (Reuters) - The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.

THE GLOBE AND MAIL

** Sherson Group Inc, which owns 48 Nine West shoe stores, and holds the Canadian rights to brands such as Anne Klein, Bandolino, Easy Spirit and Enzo Angiolini, filed for bankruptcy protection from creditors as it tries to restructure the business. (bit.ly/1HNFpWo)

** Canadian Finance Minister Joe Oliver said the Canadian economy is still expected to grow for the year as a whole. The Canadian economy shrunk by 0.6 percent during Q1 and some forecasters, including Toronto-Dominion Bank and Bank of America Merrill Lynch, say early indications are that a second quarter of negative growth is likely, which would meet the definition of a recession. (bit.ly/1HNFTfl)

** Canadian Energy Services & Technology Corp, one of the country's best-performing energy stocks, wants to double its market share with custom-made production chemicals as other oil and gas service companies struggle through the downturn. (bit.ly/1HNGbTm)

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