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OMERS reports 0.4 per cent portfolio loss in first half of 2022

OMERS reports 0.4 per cent portfolio loss in first half of 2022

TORONTO — OMERS says it generated a net investment return of negative 0.4 per cent, or a loss of about $500 million, for the first six months of the year amid wider market turmoil.
Statistics Canada says retail sales rose 1.1 per cent in June to $63.1 billion

Statistics Canada says retail sales rose 1.1 per cent in June to $63.1 billion

OTTAWA — Canadian retail sales increased 1.1 per cent to $63.1 billion in June, boosted by higher sales at gasoline stations and motor vehicle and parts dealers, Statistics Canada said Friday.
Back-to-school shoppers return to stores, hunt for deals amid mounting prices

Back-to-school shoppers return to stores, hunt for deals amid mounting prices

Ceilidh Fear is typically a bargain shopper. But the mother of two is planning to splurge a little on a back-to-school shopping trip.
Judge sides with Enbridge Inc. in Michigan's latest effort to halt Line 5 pipeline

Judge sides with Enbridge Inc. in Michigan's latest effort to halt Line 5 pipeline

WASHINGTON — The international dispute over Line 5 belongs in federal court, a Michigan judge declared Thursday, dealing a critical blow to Gov. Gretchen Whitmer's bid to shut down the controversial cross-border oil and gas pipeline.
Judge retains jurisdiction in lawsuit over Enbridge pipeline

Judge retains jurisdiction in lawsuit over Enbridge pipeline

TRAVERSE CITY, Mich. (AP) — A federal judge Thursday kept jurisdiction over a lawsuit seeking to close an oil pipeline crossing a section of the Great Lakes, rejecting Michigan's effort to shift the case to state court. U.S.
Most actively traded companies on the Toronto Stock Exchange

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 (20,265.37, up 83.93 points.) Enbridge Inc. (TSX:ENB). Energy. Up 82 cents, or 1.49 per cent, to $56.04 on 13.2 million shares.
Apple warns of security flaw for iPhones, iPads and Macs

Apple warns of security flaw for iPhones, iPads and Macs

SAN FRANCISCO (AP) — Apple disclosed serious security vulnerabilities Wednesday for iPhones, iPads and Macs. The software flaws could potentially allow attackers to take complete control of these devices, Apple said in two security reports .
Rock mag Creem attempts comeback after more than 30 years

Rock mag Creem attempts comeback after more than 30 years

NEW YORK (AP) — Creem, which billed itself as “America's only rock ‘n’ roll magazine” during two decades of existence that ended in 1989, is being revived next month. The return is a remarkable story of persistence by J.J.
For 1st month ever, streamers rule broadcast, cable networks

For 1st month ever, streamers rule broadcast, cable networks

NEW YORK (AP) — This summer has been a breakthrough for streaming, with the time viewers spent watching services like Netflix and Hulu outpacing broadcast and cable television networks in July for the first month ever.
S&P/TSX composite moves higher on crude oil rally

S&P/TSX composite moves higher on crude oil rally

Canada's main stock index ticked higher to outperform U.S. markets on Thursday, as a crude oil rally drove gains in the Canadian energy sector. The S&P/TSX composite index closed up 83.93 points at 20,265.37.