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TMX Group posts double-digit increase in revenues, profits in second quarter

TMX Group posts double-digit increase in revenues, profits in second quarter

TORONTO — TMX Group Ltd. is reporting a double-digit increase in profits and revenues in the second quarter. The company, which operates the Toronto Stock Exchange, says its net income increased 14 per cent to $77.3 million, up from $67.
AFL-CIO President Richard Trumka has died, Democrats say

AFL-CIO President Richard Trumka has died, Democrats say

WASHINGTON (AP) — Richard Trumka, the powerful president of the AFL-CIO labor union, has died, Democratic leaders said Thursday. News of his death was announced by President Joe Biden and Senate Majority Leader Chuck Schumer.
Quebecor Q2 profit falls 29 per cent to $123.5 million despite higher revenues

Quebecor Q2 profit falls 29 per cent to $123.5 million despite higher revenues

MONTREAL — Quebecor Inc. is reporting a 29-per-cent drop in profits in the second quarter despite higher revenues. The Quebec-based telecommunications company says its net income attributable to shareholders was $123.
RioCan REIT reports $145.3M net income in Q2 as tenants reopen after lockdowns

RioCan REIT reports $145.3M net income in Q2 as tenants reopen after lockdowns

TORONTO — RioCan Real Estate Investment Trust is seeing tenants steadily signing leases now that Canadian businesses are reopening following COVID-19 lockdowns, but office rental activity is rebounding at a slower rate.
Sun Life second-quarter profits increases 73 per cent to $900 million

Sun Life second-quarter profits increases 73 per cent to $900 million

TORONTO — Sun Life Financial Inc.
Canada posts $3.2B trade surplus in June amid surge in exports

Canada posts $3.2B trade surplus in June amid surge in exports

OTTAWA — Statistics Canada says the country posted a merchandise trade surplus of $3.2 billion in June as exports rose and imports fell. The result is a return to surplus after a $1.6 billion deficit in May. Total exports increased 8.
Saputo profits plunge in latest quarter on continued impact from COVID-19

Saputo profits plunge in latest quarter on continued impact from COVID-19

MONTREAL — Saputo Inc. is reporting lower profits in the first quarter of fiscal 2022 despite a 2.9 per cent increase in revenues as it continued to feel the effects of the COVID-19 pandemic.
BCE profits surge in second quarter as revenues rebound from COVID-19

BCE profits surge in second quarter as revenues rebound from COVID-19

TORONTO — BCE Inc. reported a surge in second quarter profit Thursday and as it added new customers and saw improved results in segments affected by COVID-19.
Iran swears in new hard-line president amid regional tension

Iran swears in new hard-line president amid regional tension

TEHRAN, Iran (AP) — The protégé of Iran’s supreme leader, Ebrahim Raisi, was sworn in as the country's new president during a ceremony in parliament on Thursday, an inauguration that completes hard-liners’ dominance of all branches of government in t
Qatar Airways grounds 13 Airbus A350s as fuselage degrading

Qatar Airways grounds 13 Airbus A350s as fuselage degrading

DUBAI, United Arab Emirates (AP) — Qatar Airways says it has grounded 13 Airbus A350s over degradation of the plane's fuselage. Qatar Airways made the announcement on Thursday, further escalating a monthslong dispute with the European airplane maker.