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UK central bank intervenes in market to halt economic crisis

UK central bank intervenes in market to halt economic crisis

LONDON (AP) — The Bank of England took emergency action Wednesday to stabilize U.K.
VW readies Porsche IPO in one of Europe's largest listings

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.
Home prices to decrease 2.2 per cent this fall, Re/Max report forecasts

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.
BoC to publish detailed summaries on policy deliberations after IMF recommendation

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).
Network nightly newscasts morph, adapt for the streaming age

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.
Inflation, strong U.S. dollar will weigh on snowbirds' plans, experts say

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.
EU plans Russia trade sanctions over 'sham' Ukraine votes

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.
SK Capital Partners signs deal to buy Apotex Pharmaceutical Holdings

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.
Labour shortage, pandemic savings to soften blow of short-lived recession: report

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.
Front companies being used to launder illicit cannabis cash: intelligence agency

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.