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National Business
National Business
Tech industry expecting more layoffs, but say hiring coming too this year
TORONTO — Tech’s biggest names spent last year in layoff mode and if the last few weeks are any indication, that pattern is continuing into this year.
Jan 17, 2024 11:36 AM
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Mullen Group signs deal to buy logistics company ContainerWorld
OKOTOKS, Alta. — Mullen Group Ltd. says it has signed a letter of intent to buy logistics company ContainerWorld Forwarding Services Inc. Financial terms of the agreement were not immediately available.
Jan 17, 2024 8:23 AM
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China's economy expanded 5.2% last year, hitting target of 'about 5%' even though recovery is uneven
HONG KONG (AP) — China’s economy for the October-December quarter grew at a quicker rate, allowing the Chinese government to hit its target of about 5% annual growth for 2023 even though trade data and the economic recovery remain uneven.
Jan 16, 2024 9:36 PM
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Gildan accuses ex-CEO of close relationship with shareholders calling for his return
MONTREAL — Gildan Activewear Inc.
Jan 16, 2024 8:50 PM
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Shell will sell big piece of its Nigeria oil business, but activists want pollution cleaned up first
ABUJA, Nigeria (AP) — Shell said Tuesday it agreed to sell its onshore business in Nigeria’s Niger Delta to a consortium of companies in a deal worth $2.
Jan 16, 2024 7:42 PM
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Top Federal Reserve official says inflation fight seems nearly won, with rate cuts coming
WASHINGTON (AP) — A top Federal Reserve official said Tuesday that he is increasingly confident that inflation will continue falling this year back to the Fed's 2% target level, after two years of accelerating price spikes that hurt millions of Ameri
Jan 16, 2024 7:19 PM
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Loblaw's reduced discounts match competitors while retaining higher margin: experts
TORONTO — Loblaw's decision to reduce steep discounts on soon-to-expire food is a move to match its competitors as the demand for marked down groceries rises, experts say. Until recently, Loblaw Cos. Ltd.
Jan 16, 2024 7:02 PM
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Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,948.09, up 113.79): Royal Bank of Canada. (TSX:RY). Finance. Up 35 cents, or 0.26 per cent, to 132.80 on 11 million shares.
Jan 16, 2024 5:17 PM
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S&P/TSX composite down more than 100 points on Tuesday, U.S. stock markets down
TORONTO — Canada's main stock index declined more than 100 points on Tuesday, weighed down by losses in energy and base metal stocks, while U.S. stock markets were also down. The S&P/TSX composite index was down 113.79 points at 20,948.09.
Jan 16, 2024 5:01 PM
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Rogers overtakes Bell in annual report on telecom complaints as wireless issues rise
Rogers Communications Inc. is now Canada's most complained about telecommunications provider, accounting for one out of every five complaints and overtaking Bell Canada in an annual report measuring consumer gripes within the industry.
Jan 16, 2024 4:47 PM
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