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Big Oil's interest in renewable energy investments expected to waver: report
CALGARY — Budget cutting in response to the twin challenges of COVID-19 demand destruction and low oil prices mean the world's oil and gas industry will likely spend less on renewable energy going forward.
Mar 29, 2020 8:00 AM
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Five things to watch for in the Canadian business world in the coming week
TORONTO — Five things to watch for in the Canadian business world in the coming week: COVID-19 and the new normal Thousands of people have already lost their jobs as non-essential businesses have shut down, while others like grocers look for ways to
Mar 29, 2020 8:00 AM
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On Wall Street, some optimism penetrates the uncertainty
Stocks rallied this week as Washington acted to provide $2.
Mar 28, 2020 8:22 AM
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Trump signs $2.2T stimulus after swift congressional votes
WASHINGTON — President Donald Trump signed an unprecedented $2.
Mar 27, 2020 10:10 PM
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Trump seeks to force General Motors to produce ventilators
DETROIT — President Donald Trump issued an order Friday that seeks to force General Motors to produce ventilators for coronavirus patients under the Defence Production Act.
Mar 27, 2020 7:31 PM
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IMF head says global economy now in recession
WASHINGTON — The head of the International Monetary Fund said Friday it is clear that the global economy has now entered a recession that could be as bad or worse than the 2009 downturn.
Mar 27, 2020 4:52 PM
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Competition watchdog warns against Air Canada's proposed deal to buy Transat
MONTREAL — Air Canada's proposed acquisition of Transat AT Inc., which owns Air Transat, likely will hinder competition and result in less choice for Canadian travellers, the Competition Bureau says.
Mar 27, 2020 3:58 PM
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Most actively traded companies on the TSX
TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (12,687.74, down 683.43 points.) Aurora Cannabis Inc. (TSX:ACB). Health care. Up 20 cents, or 15.87 per cent, to $1.46 on 27.
Mar 27, 2020 3:55 PM
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Stock markets cap first winning week since February despite snapping rally
TORONTO — Canada's main stock index capped its first winning week since mid-February despite snapping a three-day rally as cases of COVID-19 continue to soar. The S&P/TSX composite index closed down 683.43 points, or 5.1 per cent, at 12,687.74.
Mar 27, 2020 3:34 PM
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Stocks drop, but hold on to weekly gains after a big rally
Wall Street closed lower Friday but still notched big gains for the week as investors held out hope that a $2 trillion rescue package will cushion businesses and households from the economic devastation being caused by the coronavirus.
Mar 27, 2020 3:23 PM
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