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National Business
National Business
Stocks open lower on Wall Street as earnings reports rev up
NEW YORK (AP) — Stocks are opening lower on Wall Street as more big U.S. companies delivered their earnings reports for the last three months of 2022. Some of them came up short of what investors were expecting, leading to drops in the stock prices.
Jan 24, 2023 9:50 AM
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Twitter faces lawsuits over unpaid rent for US HQ, UK office
LONDON (AP) — More landlords are taking Twitter to court over unpaid rent, this time at the social media company’s headquarters in San Francisco and its British offices — the latest sign that owner Elon Musk's extreme cost-cutting strategy includes s
Jan 24, 2023 9:23 AM
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Finland's top diplomat hints at joining NATO without Sweden
HELSINKI (AP) — Finland’s foreign minister suggested Tuesday that the country may consider joining NATO without neighboring Sweden if Turkey continues to block their joint bid to enter the military alliance.
Jan 24, 2023 8:13 AM
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Magna International says margins for 2022 will be lower than expected
TORONTO — Magna International Inc. says its margins for 2022 are expected to come in lower than it forecast. The auto parts company says its adjusted earnings before interest and taxes (EBIT) margin is expected to be about 4.3 per cent for 2022.
Jan 24, 2023 8:02 AM
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Element Fleet Management names CIBC exec Laura Dottori-Attanasio as next CEO
TORONTO — Element Fleet Management Corp. says president and chief executive Jay Forbes will retire this year and will be replaced by CIBC executive Laura Dottori-Attanasio.
Jan 24, 2023 8:00 AM
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Asian shares rise, track Wall St gains as earnings ramp up
BANGKOK (AP) — Stocks were higher in Asia on Tuesday after a tech-led rally on Wall Street as investors bet the Federal Reserve will trim its rate hikes to tamp down inflation. Many markets in the region were closed for Lunar New Year holidays.
Jan 24, 2023 12:41 AM
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Manitoba premier hints at financial aid, budget consultations float more tax cuts
LORETTE, Man.
Jan 23, 2023 6:40 PM
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Telus combines mobility and home service to create new business unit
VANCOUVER — Telus Communications Inc. says it has merged its mobility and home service divisions to create a combined business unit called Telus Consumer Solutions.
Jan 23, 2023 6:27 PM
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Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (20,631.58, up 128.37): Royal Bank of Canada (TSX:RY). Financials. Up two cents, or 0.02 per cent, to $134.73 on 12.5 million shares.
Jan 23, 2023 5:02 PM
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S&P/TSX composite gains 130 points, U.S. markets rally for second day in a row
TORONTO — Canada's main stock index posted a modest gain Monday while U.S. stock markets saw bigger growth, continuing Friday's rally amid strength in the technology sector. The S&P/TSX composite index was up 128.37 points at 20,631.58.
Jan 23, 2023 4:32 PM
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