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Oxfam pegs Canadian bank-financed emissions at 1.9 billion tonnes in 2020
TORONTO — Canada's eight biggest banks financed about 1.9 billion tonnes of emissions in 2020, estimates a report out Tuesday by Oxfam groups in Canada that calls on the industry to increase its own emissions disclosure.
Oct 18, 2022 1:14 PM
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Amazon workers reject union bid in upstate New York
NEW YORK (AP) — Amazon workers in upstate New York overwhelmingly rejected a union bid on Tuesday, handing a second defeat to the labor group that’s been attempting to drag the company to the negotiating table since its historic win earlier this year
Oct 18, 2022 12:12 PM
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On the job hunt? Here's how to negotiate for the best salary, other perks
Young Canadians are facing rising rents and mortgage costs on top of higher grocery and gas bills — and for those on the job hunt, negotiating a higher salary is likely to be front of mind.
Oct 18, 2022 12:05 PM
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Pipeline operator agrees to $50M California spill settlement
SANTA ANA, Calif. (AP) — A pipeline operator has agreed to pay $50 million to thousands of Southern California fishermen, tourism companies and property owners who sued after an offshore oil spill last year near Huntington Beach.
Oct 18, 2022 11:42 AM
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EU faces battle to keep energy prices from tanking economy
BRUSSELS (AP) — European Union leaders enter a crucial stretch this week to make sure runaway energy prices and short supplies don't further tank their struggling economies and foment unrest.
Oct 18, 2022 11:40 AM
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French firm admits Islamic State group payments in US court
NEW YORK (AP) — French cement company Lafarge pleaded guilty Tuesday to paying millions of dollars to the Islamic State group so that a plant in Syria could remain open, a case that the Justice Department described as the first of its kind.
Oct 18, 2022 11:33 AM
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Conference Board predicts economic growth to slow to near standstill until spring
OTTAWA — A new economic outlook by the Conference Board of Canada says a recession is possible, but the underlying conditions are working in the economy's favour.
Oct 18, 2022 11:20 AM
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Holiday spending expected to slump amid inflation, economic uncertainty: report
Holiday spending in Canada is expected to drop this year as inflation shrinks consumer buying power and economic uncertainty looms over household budgets, a new report says.
Oct 18, 2022 10:05 AM
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Former federal finance minister Bill Morneau to join CIBC board of directors
TORONTO — Former federal finance minister Bill Morneau will join CIBC's board of directors next month. The bank says Morneau will become a member of the board effective Nov. 1.
Oct 18, 2022 9:59 AM
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German cybersecurity chief out after reports of Russia ties
BERLIN (AP) — The head of Germany's national cybersecurity agency has been dismissed following reports of possible ties to Russian intelligence, the Interior Ministry said Tuesday.
Oct 18, 2022 9:20 AM
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