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National Business
National Business
UK central bank intervenes in market to halt economic crisis
LONDON (AP) — The Bank of England took emergency action Wednesday to stabilize U.K.
Sep 28, 2022 11:25 AM
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VW readies Porsche IPO in one of Europe's largest listings
FRANKFURT, Germany (AP) — Volkswagen was nearing the finish line Wednesday as it readied the sale of shares in luxury carmaker Porsche ahead of an expected market listing that will rank among the largest such offerings in European history.
Sep 28, 2022 11:23 AM
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Home prices to decrease 2.2 per cent this fall, Re/Max report forecasts
TORONTO — A report by Re/Max Canada forecasts the national average home sale price in Canada will fall 2.2 per cent in the final months of the year.
Sep 28, 2022 11:08 AM
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BoC to publish detailed summaries on policy deliberations after IMF recommendation
OTTAWA — The Bank of Canada will start publishing detailed summaries of its monetary policy deliberations next year following a recommendation from the International Monetary Fund (IMF).
Sep 28, 2022 11:06 AM
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Network nightly newscasts morph, adapt for the streaming age
NEW YORK (AP) — For more than half a century, ABC, CBS and NBC have aired evening newscasts each weeknight on television. This fall, the competition has spread to another medium.
Sep 28, 2022 9:47 AM
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Inflation, strong U.S. dollar will weigh on snowbirds' plans, experts say
High inflation and a strong U.S. dollar will weigh heavily on Canadian snowbirds this winter, experts say.
Sep 28, 2022 8:34 AM
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EU plans Russia trade sanctions over 'sham' Ukraine votes
BRUSSELS (AP) — European Union countries should impose “biting sanctions” on Russian trade and hit officials responsible for “sham referendums” held in parts of Ukraine as Moscow ramps up the war, senior EU officials said Wednesday.
Sep 28, 2022 8:28 AM
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SK Capital Partners signs deal to buy Apotex Pharmaceutical Holdings
TORONTO — Apotex Pharmaceutical Holdings Inc. has signed a deal to be acquired by U.S. private equity investment firm SK Capital Partners. Financial terms of the agreement for the Canadian drug company were not immediately available.
Sep 28, 2022 7:04 AM
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Labour shortage, pandemic savings to soften blow of short-lived recession: report
OTTAWA — A tight labour market and elevated savings during the pandemic will cushion the impact of a recession on Canadians, says a new report from Deloitte.
Sep 28, 2022 2:00 AM
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Front companies being used to launder illicit cannabis cash: intelligence agency
OTTAWA — Canada’s financial intelligence agency says a wide range of businesses — from food wholesalers to electronics repair services — are being used to disguise the proceeds of illicit cannabis operations.
Sep 28, 2022 1:00 AM
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