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National Business
National Business
S&P/TSX composite falls on renewed worries about Omicron, impending Fed moves
TORONTO — Canada's main stock index started the trading week on a continued down note as the energy and industrials sectors fell on renewed worries about the latest COVID-19 variant and impending decisions by the U.S. Federal Reserve.
Dec 13, 2021 2:04 PM
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California proposes reducing incentives for rooftop solar
SACRAMENTO, Calif.
Dec 13, 2021 1:06 PM
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Health experts critical of Canadian truckers' vaccination exemption plea
TORONTO — Canada's trucking industry wants the federal government and the U.S. to exempt their workers from forthcoming vaccination mandates, but health experts say the proposal is problematic.
Dec 13, 2021 1:00 PM
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Federal Transport Minister Omar Alghabra announces supply chain summit
Ottawa has announced plans to hold a national summit early next year to examine the country's supply chain and seek ways to deal with the bottlenecks and other problems facing the system.
Dec 13, 2021 11:51 AM
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Harris unveils plan for electric vehicle charging network
WASHINGTON (AP) — The Biden administration released an ambitious federal strategy Monday to build 500,000 charging stations for electric vehicles across the country and bring down the cost of electric cars with the goal of transforming the U.S.
Dec 13, 2021 11:46 AM
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John Legend branches out into book publishing
John Legend's newest project brings him into the book business.
Dec 13, 2021 8:51 AM
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Pfizer to pay $6.7B in cash for Arena Pharmaceuticals
NEW YORK — Pfizer is spending $6.7 billion to buy a drugmaker that is developing treatments for inflammatory conditions like Chrohn’s disease but has no products on the market.
Dec 13, 2021 8:45 AM
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Noront Resources shares soar after Wyloo Metals raises takeover offer
TORONTO — Shares of Noront Resources Ltd. gained nearly 50 per cent in early trading after Wyloo Metals Pty Ltd. raised its offer for the company in its takeover fight with BHP. Wyloo says it is now offering $1.
Dec 13, 2021 7:21 AM
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Gildan Activewear buys yarn supplier Frontier Yarns for US$168 million
MONTREAL — Gildan Activewear Inc. has signed a deal to buy Phoenix Sanford LLC, the parent company of Frontier Yarns, for US$168 million. Frontier is a producer of cotton, polyester and cotton blend yarns.
Dec 13, 2021 6:56 AM
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Suncor expects production to rise five per cent next year, trims capex plan
CALGARY — Suncor Energy Inc. says it expects its production next year to rise about five per cent compared with 2021. The Calgary-based company says it expects production next year to be 750,000 to 790,000 barrels of oil equivalent per day.
Dec 13, 2021 5:35 AM
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