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Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,366.72, down 73.15): Cenovus Energy Inc. (TSX:CVE). Energy. Down 86 cents, or 3.71 per cent, to $22.32 on 9.7 million shares.
Industrial and energy stocks drag down S&P/TSX composite, U.S. stock markets mixed

Industrial and energy stocks drag down S&P/TSX composite, U.S. stock markets mixed

TORONTO — Canada's main stock index was down at the market close on Wednesday, driven by drops in industrials and energy stocks, while U.S. stock markets were mixed. The S&P/TSX composite index was down 73.15 points at 20,366.72.
UK blocks Microsoft-Activision gaming deal, biggest in tech

UK blocks Microsoft-Activision gaming deal, biggest in tech

LONDON (AP) — British antitrust regulators on Wednesday blocked Microsoft’s $69 billion purchase of video game maker Activision Blizzard, thwarting the biggest tech deal in history over worries that it would stifle competition for popular titles like
Ukraine's Zelenskyy upbeat after talk with China's Xi

Ukraine's Zelenskyy upbeat after talk with China's Xi

KYIV, Ukraine (AP) — Ukrainian President Volodymyr Zelenskyy said he and Chinese leader Xi Jinping had a “long and meaningful” phone call Wednesday, their first known contact since Russia invaded Ukraine over a year ago, and Beijing appointed an envo
Precision Drilling reports $95.8M Q1 profit, revenue up nearly 60% from year ago

Precision Drilling reports $95.8M Q1 profit, revenue up nearly 60% from year ago

CALGARY — Precision Drilling Corp. reported a first-quarter profit compared with a loss a year ago as its revenue rose nearly 60 per cent, helped by stronger drilling activity and price increases in the U.S. and Canada.
Australian coal company withdraws plan for mine in Alberta foothills

Australian coal company withdraws plan for mine in Alberta foothills

An Australian coal company is withdrawing its plan for a mine in the Crowsnest Pass region of the eastern slopes of Alberta's Rocky Mountains.
Stellantis to offer buyouts amid electric vehicle transition

Stellantis to offer buyouts amid electric vehicle transition

DETROIT (AP) — Another automaker is trying to cut its workforce to trim expenses and stay competitive as the industry makes the long and costly transition to electric vehicles.
Bank of Canada considered raising interest rates at its last meeting

Bank of Canada considered raising interest rates at its last meeting

OTTAWA — The Bank of Canada considered raising interest rates earlier this month, as it feared being too slow to react to sticky inflation.
Rogers teams up with SpaceX, Lynk Global to provide satellite-to-phone remote service

Rogers teams up with SpaceX, Lynk Global to provide satellite-to-phone remote service

TORONTO — Rogers Communications Inc. is partnering with SpaceX and Lynk Global to deliver satellite-to-phone connectivity across Canada and bolster coverage in remote regions.
Farmers plan biggest wheat crop in more than two decades due to war in Ukraine

Farmers plan biggest wheat crop in more than two decades due to war in Ukraine

Canadian farmers are expecting to plant the largest wheat crop in more than two decades this year amid strong demand for wheat. Statistics Canada said Wednesday that farmers anticipate planting 23 million acres of wheat, up 6.