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Iran seizes 2 Greek tankers in Persian Gulf, tensions spike

DUBAI, United Arab Emirates (AP) — Iran's paramilitary Revolutionary Guard seized two Greek oil tankers on Friday in the Persian Gulf, just after Athens assisted the U.S.
Judge dismisses Trump's lawsuit, allowing NY probe to go on

Judge dismisses Trump's lawsuit, allowing NY probe to go on

NEW YORK (AP) — A federal judge on Friday dismissed Donald Trump’s lawsuit against New York Attorney General Letitia James, rejecting the former president’s claim that she targeted him out of political animus and allowing her civil investigation into
Federal government posts $95.6 billion deficit for 2021-2022 fiscal year

Federal government posts $95.6 billion deficit for 2021-2022 fiscal year

OTTAWA — The federal government posted a deficit of $95.6 billion for its 2021-22 fiscal year. In its monthly fiscal monitor report, the Finance Department says the tally for the April 2021 to March 2022 period compared with a deficit of $314.
Key inflation gauge slowed to still-high 6.3% over past year

Key inflation gauge slowed to still-high 6.3% over past year

An inflation gauge closely tracked by the Federal Reserve rose 6.3% in April from a year earlier, the first slowdown since November 2020 and a sign that high prices may finally be moderating, at least for now.
CWB Financial Group Q2 profit up, raises quarterly dividend

CWB Financial Group Q2 profit up, raises quarterly dividend

EDMONTON — CWB Financial Group is raising its dividend as it reports its second-quarter common shareholders' net income rose three per cent compared with a year ago.
Asian shares' rise broadly cheered by US earnings, rally

Asian shares' rise broadly cheered by US earnings, rally

TOKYO (AP) — Asian shares gained Friday as investors cheered a strong set of earnings from retailers that has sent U.S. shares higher. Benchmarks were rising in early trading across the region, including Japan, China, Australia and South Korea.
Banks sound notes of caution as outlook worsens, even as latest results show growth

Banks sound notes of caution as outlook worsens, even as latest results show growth

TORONTO — Canada's Big Five banks all sounded notes of caution in releasing results this week as pressure builds on the economy, though each pointed to somewhat different strategies in preparing for a potential recession.

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (20,532.18, up 148.43 points.) Manulife Financial Corp. (TSX:MFC). Financials. Up 41 cents, or 1.8 per cent, to $23.11 on 23.
Ottawa proposing new internet, phone rules to the CRTC

Ottawa proposing new internet, phone rules to the CRTC

OTTAWA — Smaller internet service providers (ISPs) are cautiously optimistic about the new telecom policy directives unveiled by the federal government Thursday that are aimed at the Canadian Radio-television and Telecommunications Commission.
S&P/TSX composite rises for fifth day in broad rally that also swept U.S. markets

S&P/TSX composite rises for fifth day in broad rally that also swept U.S. markets

TORONTO — Canada's main stock index increased for a fifth-straight day to a near three-week high on a broad rally that also swept U.S. markets higher.