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National Business
National Business
Disruption to daily routine impacts Q3 profits, sales for Tim Hortons' parent company
TORONTO — The pandemic continued eating into profits for Restaurant Brands International Inc. in the third-quarter, as disruption to daily rituals like going to work and taking kids to hockey curbed sales.
Oct 27, 2020 11:09 AM
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Suncor Energy relocating its PetroCanada head office to Calgary from Ontario
CALGARY — Suncor Energy Inc. is moving its PetroCanada head office to Calgary from two offices in Ontario next year, affecting about 700 workers.
Oct 27, 2020 10:40 AM
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MEG Energy CEO deflects takeover speculation as oilsands company reports Q3 loss
CALGARY — It's business as usual for oilsands producer MEG Energy Corp., its CEO says, despite speculation it could be a takeover target in the wake of the $3.8-billion buyout of Husky Energy Inc. announced by Cenovus Energy Inc. on Sunday.
Oct 27, 2020 9:51 AM
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As world goes online in pandemic, another mammoth chip deal
SAN JOSE, Calif. — Advanced Micro Devices is buying Xilinx for $35 billion in an all-stock deal that will combine the two Silicon Valley chip makers and accelerate an already rapid-fire pace of mergers and buyouts in the industry.
Oct 27, 2020 9:01 AM
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BP reports 3Q earnings plunge amid falling demand
LONDON — BP plc says third-quarter earnings plunged 96% as the COVID-19 pandemic reduced energy prices and demand.
Oct 27, 2020 8:34 AM
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Spin Master signs US$50M deal to buy Rubik's Brand Ltd, owner of the Rubik's Cube
TORONTO — Canadian toymaker Spin Master Corp. is taking Rubik's Cube for another spin around the block.
Oct 27, 2020 8:22 AM
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'Chop Suey Nation,' about Chinese restaurants in Canada, wins two major book awards
TORONTO — A memoir featuring small-town Chinese restaurants and the families who run them in Canada has won two major book awards.
Oct 27, 2020 8:09 AM
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Maple Leaf Foods reports third quarter profit and sales up from year ago
MISSISSAUGA, Ont. — Maple Leaf Foods Inc. reported a third-quarter profit of $66 million, up from $13.4 million in the same quarter last year, as its sales also climbed higher.
Oct 27, 2020 7:51 AM
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Consumer confidence dips to 100.9 as virus spreads in US
SILVER SPRING, Md. — U.S. consumer confidence dipped slightly in October as a new wave of coronavirus cases appeared across the country. The Conference Board reported Tuesday that its consumer confidence index fell to a reading of 100.9, from 101.
Oct 27, 2020 7:37 AM
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September factory orders up 1.9%, economists see risks ahead
WASHINGTON — Orders to U.S. factories for big-ticket manufactured goods rose a stronger-than-expected 1.9% in September with a key category that tracks business investment showing a solid gain as well. The uptick in orders followed a smaller 0.
Oct 27, 2020 6:41 AM
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