The Trump administration renews its effort to remove Federal Reserve Governor Lisa Cook, reopening a fight over the independence of the central bank. The White House tells Cook that President Donald Trump is considering her removal and asks for a response, even after the Supreme Court recently allowed her to remain on the board while she challenges an earlier attempt.

Canada adds 75,000 jobs in July and the unemployment rate falls to its lowest level in about two years, marking a stronger-than-expected improvement in the labor market. Economists still say the gain is not enough on its own to shift monetary policy expectations, with further broad-based strengthening seen as necessary before any tightening becomes likely.

Canadian dairy farmers press Ottawa not to offer further concessions in trade talks with the United States as an Aug. 19 tariff deadline approaches. The industry says changes tied to dairy or Canada’s supply management system could weaken the framework that governs and protects the sector, and urges the government to hold its line in the negotiations.

The Philippines posts 2.3% economic growth in the second quarter from a year earlier, missing expectations and coming in below the pace forecast by economists. On a seasonally adjusted basis, the economy grows 0.6% from the previous quarter, keeping expansion positive but underscoring a slower-than-anticipated performance.

Take-Two Interactive says preorders for Grand Theft Auto VI are running at unprecedented levels ahead of the game’s planned November launch. The company describes demand since late June as astonishing, signaling strong early bookings for one of the industry’s most closely watched releases and reinforcing expectations for a major commercial debut.

Dhoot Transmission raises ₹918.27 crore from 72 anchor investors ahead of its ₹3,067-crore initial public offering. The company allots more than 10.5 million shares at ₹871 each, the top of the price band, in a pre-IPO placement that gives an early signal of institutional demand for the issue.

Wellnex Life shares jump after the company agrees to sell its Pain Away medicinal cream brand for up to $21.3 million. Investors react to the prospect that the proceeds could eliminate the company’s debt, making the transaction a clear balance-sheet catalyst as the market reassesses the stock’s outlook.