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Lightspeed Commerce looking to raise US$700M with share offering

Lightspeed Commerce looking to raise US$700M with share offering

MONTREAL — Lightspeed Commerce Inc. is looking to raise more than US$700 million in offering of shares in an effort to help grow its business. The e-commerce company, which recently changed its name from Lightspeed POS, said Monday it will sell 7.
Time's Up leader resigns after criticism about Cuomo ties

Time's Up leader resigns after criticism about Cuomo ties

NEW YORK (AP) — The leader of Time's Up, the #MeToo-era organization devoted to fighting sexual harassment, resigned under fire Monday for advising Gov. Andrew Cuomo's administration in its effort to discredit one of Cuomo's accusers.
Ritchie Bros says it will buy Euro Auctions for US$1.08 billion

Ritchie Bros says it will buy Euro Auctions for US$1.08 billion

Auction company Ritchie Bros says it has reached a deal to buy Euro Auctions for US$1.08 billion in cash as part of its international expansion strategy.
Barrick Gold reports increased profit, sees only modest effects from inflation

Barrick Gold reports increased profit, sees only modest effects from inflation

TORONTO — Barrick Gold Corp. expects to see only modest effects from rising inflation this year, said chief executive Mark Bristow. “There is some pressure, it depends on your outlook on the oil and gas prices," he said on an analyst call Monday.
Pentagon to require COVID vaccine for all troops by Sept. 15

Pentagon to require COVID vaccine for all troops by Sept. 15

WASHINGTON (AP) — The Pentagon will require members of the U.S. military to get the COVID-19 vaccine by Sept. 15, according to a memo obtained by The Associated Press.
Blackstone REIT to buy WPT Industrial REIT in deal worth US$3.1B including debt

Blackstone REIT to buy WPT Industrial REIT in deal worth US$3.1B including debt

TORONTO — Blackstone Real Estate Income Trust Inc. has signed a deal to buy WPT Industrial Real Estate Investment Trust in an all-cash deal valued at US$3.1 billion including debt.
'Code red': UN scientists warn of worsening global warming

'Code red': UN scientists warn of worsening global warming

BERLIN — Earth is getting so hot that temperatures in about a decade will probably blow past a level of warming that world leaders have sought to prevent, according to a report released Monday that the United Nations called a “code red for humanity.
Exfo founder raises offer to take company private to US$6.25 per share

Exfo founder raises offer to take company private to US$6.25 per share

QUEBEC — The founder and majority shareholder of Exfo Inc. has raised his offer to take the company private ahead of a shareholder vote this week. Exfo says Germain Lamonde is now offering US$6.
Senate Dems unveil $3.5T budget for social, climate efforts

Senate Dems unveil $3.5T budget for social, climate efforts

WASHINGTON (AP) — Senate Democrats unveiled a budget resolution Monday that maps $3.
Brookfield Reinsurance to buy U.S. insurer American National for US$5.1 billion

Brookfield Reinsurance to buy U.S. insurer American National for US$5.1 billion

TORONTO — Brookfield Asset Management Reinsurance Partners Ltd. has signed a deal to buy U.S. insurance company American National Group Inc. in an all-cash deal valued at US$5.1 billion.