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National Business

Chinese billionaire Richard Liu settles US rape allegation

Chinese billionaire Richard Liu settles US rape allegation

MINNEAPOLIS (AP) — Chinese billionaire and JD.
Hermes unveils its Paris show, as Ukraine's designers unite

Hermes unveils its Paris show, as Ukraine's designers unite

PARIS (AP) — A giant, glowing crystal rock upon a sand-colored carpet evoked a glamorous alien planet for Hermes’ champagne-sipping VIP guests.
Russia withdraws troops after Ukraine encircles key city

Russia withdraws troops after Ukraine encircles key city

KYIV, Ukraine (AP) — After being encircled by Ukrainian forces, Russia pulled troops out Saturday from an eastern Ukrainian city that it had been using as a front-line hub.
Danes: Nord Stream 2 pipeline seems to have stopped leaking

Danes: Nord Stream 2 pipeline seems to have stopped leaking

COPENHAGEN, Denmark (AP) — The Danish Energy Agency says one of two ruptured natural gas pipelines in the Baltic Sea appears to have stopped leaking natural gas.
Canada 'behind the ball' with weak merger laws, says author of biting report

Canada 'behind the ball' with weak merger laws, says author of biting report

OTTAWA — Lax merger laws in Canada underestimate the harm to competition caused by mergers and overestimate their benefits, a new report says.
OSC files allegations of fraud in multimillion-dollar crypto offering

OSC files allegations of fraud in multimillion-dollar crypto offering

TORONTO — The Ontario Securities Commission says it has filed allegations against Troy Richard James Hogg related to a crypto token offering that raised US$51 million.

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (18,444.22, up 2.38 points) Kinross Gold Corp. (TSX:K). Materials. Up 27 cents, or 5.48 per cent, to $5.20 on 10.4 million shares.
S&P/TSX composite ekes out barest of gains on day but down for the quarter

S&P/TSX composite ekes out barest of gains on day but down for the quarter

TORONTO — A volatile trading day capped the quarter as an early rally evaporated to leave the S&P/TSX composite index with the barest of gains, while U.S. markets swung deep into the red.
Stocks end September down 9.3%, worst month since March 2020

Stocks end September down 9.3%, worst month since March 2020

NEW YORK — Wall Street closed out a miserable September on Friday with the S&P 500's worst monthly skid since March 2020, when the coronavirus pandemic crashed global markets. The benchmark index ended the month with a 9.
Lululemon settles lawsuit against Peloton over alleged patent infringement

Lululemon settles lawsuit against Peloton over alleged patent infringement

Lululemon Athletica Canada Inc. has reached a settlement with Peloton Interactive Inc. over allegations the exercise equipment maker copied several of the apparel company's designs.