PRESS DIGEST - Canada - July 17
July 17 (Reuters) - The following are top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.
THE GLOBE AND MAIL: - Explosions ripped through two luxury hotels in Jakarta Friday, killing eight and wounding at least 50 more, ending a four-year lull in terror attacks in the world's most populous Muslim nation. - Defence lawyers in a political corruption trial have asked the Supreme Court of British Columbia to order the government to produce e-mail records that were reportedly destroyed, but which may still exist.
Report on Business Section:
- Canada has registered its first technical deflation in 15 years, with consumer prices falling 0.3 per cent in June compared with a year earlier, Statistics Canada said.
- Blackberry maker Research In Motion (RIM.TO) (RIMM.O) agreed on Thursday to pay Visto Corp $267.5 million to settle a prolonged patent infringement case.
NATIONAL POST:
- Two Canadians among dozens injured in deadly Jakarta bombings.
- Consumer confidence remains "remarkably resilient" despite mixed signals about the prospects of an economic recovery in Canada, according to a national survey.
Financial Post section:
- Canada's inflation rate for June was negative 0.3 percent, marking the first time since November 1994 overall prices have declined on a 12-month basis.
- A report out of Brazil on Thursday said that Vale (VALE5.SA) is considering a $25-billion bid for Mosaic Co (MOS.N).
