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Enmax wins regulator approval to buy Emera Inc.'s Maine electricity utility
CALGARY — The sale of Halifax-based Emera Inc.'s Maine power utility to City of Calgary-owned Enmax Corp. is expected to be finalized after winning approval from a key state regulator.
Mar 17, 2020 4:30 PM
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Disruption grows: Nations try to slow virus, help economies
BERLIN — Mass disruptions cascaded around the world Tuesday as governments struggled to slow the spread of the coronavirus while also trying to keep their economies afloat.
Mar 17, 2020 4:28 PM
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More dividends chopped as energy firms address oil prices below US$30 per barrel
CALGARY — More energy industry dividends are being slashed as investors turn their backs on companies whose payouts are now unaffordable with oil prices plunging to less than US$30 per barrel. Calgary-based TORC Oil & Gas Ltd.
Mar 17, 2020 1:36 PM
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Small businesses fear bankruptcy, want government action amid COVID-19
TORONTO — Entrepreneurs across the country worry they may have to shut down their companies because of the impact of the novel coronavirus — and they want the government to take action quickly.
Mar 17, 2020 1:32 PM
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Stocks jump as Trump promises to 'go big' on aid for economy
NEW YORK — Stocks jumped Tuesday as President Donald Trump promised he's “going big” with plans to blunt the economic pain caused by the coronavirus outbreak.
Mar 17, 2020 1:12 PM
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Airports poised to lose $1.3 billion amid travel collapse, says industry group
Canadian airports are poised to lose $1.3 billion amid an ongoing global travel collapse triggered by COVID-19, says group representing the country's airports.
Mar 17, 2020 1:07 PM
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Cinemas close nationwide, studios push new movies into homes
NEW YORK — U.S. movie theatres have closed nationwide due to the coronavirus pandemic, turning dark nearly all of the country's 40,000-plus screens in an unprecedented shutdown.
Mar 17, 2020 12:26 PM
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US industrial production rises 0.6% in February
WASHINGTON — U.S. industrial production rose last month for the first time since November as chillier weather kept utiliities busy and an uptick in auto production pushed manufacturing output higher.
Mar 17, 2020 9:46 AM
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Volkswagen to close Europe plants for two weeks
FRANKFURT — Volkswagen said Tuesday it would close most of its European plants for two weeks due to uncertainty about demand for cars and supplies of parts amid the virus outbreak and said it wasn't possible to give a reliable outlook for this year's
Mar 17, 2020 9:15 AM
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Statistics Canada reports manufacturing sales down 0.2% in January
OTTAWA — Statistics Canada says manufacturing sales fell 0.2 per cent to $56.1 billion in January. The agency says it was the fifth consecutive monthly decline. Economists had expected a drop of 0.
Mar 17, 2020 9:00 AM
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