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Spin Master signs US$50M deal to buy Rubik's Brand Ltd, owner of the Rubik's Cube

Spin Master Corp. says it has signed a deal to buy Rubik's Brand Ltd, owner of the Rubik's Cube. The Toronto-based toy company is paying US$50 million. The Rubik's Cube was invented by Erno Rubik in 1974 and launched globally in 1980.

Restaurant Brands International reports Q3 profit and sales down from year ago

Restaurant Brands International Inc. reported its third-quarter profit fell compared with a year ago as sales also dropped due to the pandemic. The parent company of Tim Hortons, Burger King and Popeyes, which keeps its books in U.S.
'We need a champion in government:' Tech CEOs want prosperity strategy from Trudeau

'We need a champion in government:' Tech CEOs want prosperity strategy from Trudeau

More than 130 Canadian tech leaders are calling on the prime minister to create a prosperity plan because they say the country won't excel without support for innovators and the government has been slow to offer help.
Asian shares slip after Wall St's worst day in a month

Asian shares slip after Wall St's worst day in a month

Shares skidded in Asia on Tuesday after surging coronavirus cases and waning hopes for U.S. economic stimulus gave Wall Street its worst day in a month. Stock benchmarks fell in Tokyo, Shanghai, Hong Kong and Sydney.
The Latest: Ky. gov urges more care in hardest-hit counties

The Latest: Ky. gov urges more care in hardest-hit counties

FRANKFORT, Ky. — Kentucky’s governor is urging people in the state’s counties hit hardest by the pandemic to take stricter steps to contain the spread of the coronavirus. Gov.

China retaliates against news media in latest feud with US

BEIJING — China has ordered six U.S.-based news media to file detailed information about their operations in China the latest volley in a monthslong battle with the Trump administration.
MEG Energy beats expectations in Q3 with third straight quarter of losses

MEG Energy beats expectations in Q3 with third straight quarter of losses

CALGARY — MEG Energy Corp. beat expectations as it posted its third consecutive quarter of net losses on a 44-per-cent drop in revenues caused by lower bitumen production and realized prices.
West Fraser Timber swings to $350-million Q3 profit on higher lumber prices

West Fraser Timber swings to $350-million Q3 profit on higher lumber prices

VANCOUVER — West Fraser Timber Co. Ltd. says it swung to a large profit in the third quarter on higher lumber prices. The Vancouver-based forestry company says it earned $350 million or $5.09 per share for the three months ended Sept.

Higher oil prices fuel PrairieSky Royalty third quarter earnings and revenue rebound

CALGARY — PrairieSky Royalty Ltd. says its oil and gas revenue and net earnings staged a rebound in the third quarter ending Sept. 30 as oil prices recovered from pandemic-related lows.

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (16,079.5, down 224.53 points.) Cenovus Energy Inc. (TSX:CVE). Energy. Down 41 cents, 8.4 per cent, to $4.47 on 21 million shares.