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Barrick Gold reviewed possible merger with Newmont, no decision made

TORONTO — Barrick Gold Corp. confirms it has "reviewed the opportunity" to merge with rival Newmont Mining Corp., but says no decision has been taken.
Statistics Canada reports retail sales edged down 0.1 per cent in December

Statistics Canada reports retail sales edged down 0.1 per cent in December

OTTAWA — Statistics Canada says retail sales edged down 0.1 per cent to $50.4 billion in December as sales at gasoline stations moved lower due in large part to lower prices at the pump. Economists had expected a contraction of 0.
SNC-Lavalin Group slashes dividend 65%, reports $1.6B fourth-quarter loss

SNC-Lavalin Group slashes dividend 65%, reports $1.6B fourth-quarter loss

MONTREAL — SNC-Lavalin Group Inc. slashed its dividend by 65 per cent Friday as it reported a fourth-quarter loss of $1.6 billion.

Royal Bank hikes dividend as it reports $3.2B net income in first quarter

TORONTO — Royal Bank of Canada raised its dividend as it reported quarterly net income of $3.17 billion, up from $3.01 billion a year ago, matching street expectations as market volatility during the period weighed on its earnings.
Auto parts company Magna International reports $456M Q4 profit, ups dividend

Auto parts company Magna International reports $456M Q4 profit, ups dividend

AURORA, Ont. — Magna International Inc. raised its dividend as it reported its fourth-quarter profit fell from the same period a year earlier. The Ontario-based auto parts maker, which keeps its books in U.S.
Saputo buying United Kingdom-based Dairy Crest Group for roughly $1.7 billion

Saputo buying United Kingdom-based Dairy Crest Group for roughly $1.7 billion

MONTREAL — Saputo Inc. has signed a friendly deal to buy United Kingdom-based company Dairy Crest Group plc in an agreement valued at about $1.7 billion. Under the deal, Saputo will pay 6.20 pounds per share for the company.
Home Capital Group reports Q4 profit up, mortgage originations climb

Home Capital Group reports Q4 profit up, mortgage originations climb

TORONTO — Home Capital Group Inc. says its fourth-quarter profit rose compared with a year ago as its mortgage originations climbed 85 per cent. The alternative mortgage lender says it earned $35.
White House ends California talks on mileage dispute

White House ends California talks on mileage dispute

WASHINGTON — The Trump administration on Thursday broke off talks on vehicle mileage standards with California, increasing the chances of a court battle that threatens to unsettle the auto industry.
Huawei to continue to work with consumers even if 5G banned in Canada: chairman

Huawei to continue to work with consumers even if 5G banned in Canada: chairman

TORONTO — Huawei Technologies Inc. is adamant that it won't abandon Canadian consumers, telecommunications companies and universities, even if the country's government bans its 5G technology.
'We didn't like it at all': CP Rail CEO objects to oil production curtailments

'We didn't like it at all': CP Rail CEO objects to oil production curtailments

The head of Canadian Pacific Railway Ltd.