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National Business
National Business
S&P/TSX composite index inches higher while loonie hits two-year high
TORONTO — Canada's main stock index rose with help from energy sector while the loonie hit a two-year high. The S&P/TSX composite index closed up 61.28 points to 17,358.21. In New York, the Dow Jones industrial average was up 59.
Dec 2, 2020 1:49 PM
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Discovery's reality-heavy streaming service launches in Jan.
Discovery is joining the increasingly crowded streaming fray with its own reality-focused service Discovery Plus that will include shows from the Food Network, HGTV, TLC and its other networks. It launches Jan 4.
Dec 2, 2020 12:53 PM
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Britain OKs Pfizer vaccine and will begin shots within days
LONDON — Britain became the first country in the world to authorize a rigorously tested COVID-19 vaccine Wednesday and could be dispensing shots within days — a historic step toward eventually ending the outbreak that has killed more than 1.
Dec 2, 2020 12:20 PM
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Dell customer seeks compensation for years of scam calls after personal data leaked
A proposed class action suit has been launched against Dell Technologies on behalf of thousands of Canadians whose personal information was compromised in a data breach.
Dec 2, 2020 12:16 PM
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CannTrust relaunches two brands following illegal cultivation, CCAA filing
VAUGHAN, Ont. — CannTrust Holdings Inc. is staging a comeback more than a year after its licences were suspended for illegally growing thousands of kilograms of dried cannabis in unlicensed rooms. The Vaughan, Ont.
Dec 2, 2020 11:49 AM
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Fed and Treasury urge Congress to approve more virus relief
WASHINGTON — Federal Reserve Chairman Jerome Powell and Treasury Secretary Steven Mnuchin urged Congress to approve COVID-19 relief funds without further delay, though Democrats continued to attack a decision by Mnuchin to allow five Fed lending prog
Dec 2, 2020 11:00 AM
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Vancouver home sales fall in November, but remain higher than a year ago
VANCOUVER — The Real Estate Board of Greater Vancouver says November home sales were down from October — but still well above the same time last year, as the market catches up to the effects of COVID-19.
Dec 2, 2020 10:09 AM
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Australia bounces out of recession as economy grows 3.3%
WELLINGTON, New Zealand — Australia's economy grew by 3.3% in the third quarter, rebounding from its first recession in nearly three decades as it recovered from pandemic-related shocks, according to figures released Wednesday.
Dec 2, 2020 8:37 AM
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Sun Life CEO Dean Connor will retire next August, CFO Kevin Strain to replace him
TORONTO — Sun Life Financial Inc. says its president and chief executive will retire next year. The Toronto-based insurance company says Dean Connor, 64, will depart Sun Life on Aug. 6.
Dec 2, 2020 8:30 AM
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Horde of Brazilian bank robbers attack another city, kill 1
RIO DE JANEIRO — A large gang of heavily armed bank robbers invaded the Brazilian city of Cameta just one day after a similar force struck another mid-sized city on the opposite side of the country, taking residents hostage as they looted a bank.
Dec 2, 2020 8:27 AM
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