PRESS DIGEST- New York Times business news - May 23
May 23 The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.
TORONTO Dec 20 Canada's main stock index rose for the fourth straight day on Tuesday, clawing back much of its losses after the Federal Reserve raised U.S. interest rates, as gains for financials and materials offset losses for defensive sectors.
The Toronto Stock Exchange's S&P/TSX composite index unofficially closed up 23.11 points, or 0.15 percent, at 15,292.96. Just three of the index's 10 main groups ended higher. (Reporting by Fergal Smith; Editing by James Dalgleish)
The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Tuesday. - - - - - GLOBAL MARKETS Sterling extended losses on Tuesday after a suspected terrorist attack killed at least 19 people and wounded 50 at a pop concert in the English city of Manchester, while the euro held gains made after German Chancellor Angela Merkel said the currency was "too weak". WORLD OIL P