Business Brief: Carney’s conundrum

News Snapshot:

Good morning. Mark Carney’s ambitions have shifted since winning the race to become leader of the Liberal Party. Where once he spoke of victory in a trade battle with the U.S., even a tie might now be tough. That’s in focus today – along with a look at why China is winning the world’s favour. First up In the news Cost of living: Canada’s annual inflation rate ticked up to 1.9 per cent in June and underlying price pressures remained sticky, reinforcing expectations that the Bank of Canada will hold off from cutting interest rates this month. Telecoms: Rogers is...