PRESS DIGEST- British Business - Dec 5
Dec 5 The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy.
TORONTO, Jan 22 The Canadian dollar weakened to a fresh four-year low against the greenback on Wednesday after the Bank of Canada signaled it is more concerned about weak inflation than it was three months ago and left the door open to an interest rate cut if risks worsen. The Canadian dollar fell to a session low C$1.1039 to the greenback, or 90.59 U.S. cents, weaker than Tuesday's close of C$1.0972, or 91.14 U.S. cents.
NEW YORK, Dec 4 U.S. Treasury futures prices rose on Sunday after Italian voters were seen rejecting a change to the country's constitution, which was designed to hasten the legislative process.
ROME, Dec 5 Italian Prime Minister Matteo Renzi vowed to resign after suffering a crushing defeat on Sunday in a referendum on constitutional reform, tipping the euzo zone's third-largest economy into political turmoil.