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Canadian banks, bellwethers of pandemic recovery, to reveal key statistics this week
TORONTO — Canada's biggest banks will report their quarterly financial results this week, and analysts say they will be listening for hints as to how bank executives view the economic recovery from COVID-19.
Feb 22, 2021 9:55 AM
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Biden boosts pandemic lending to smallest businesses
WASHINGTON — President Joe Biden announced changes Monday to target more federal pandemic assistance to the nation’s smallest businesses and ventures owned by women and people of colour .
Feb 22, 2021 9:46 AM
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Boeing: 777s with engine that blew apart should be grounded
Canada's airline fleets are not affected by Boeing's recommendation to ground its 777 aircraft after a dramatic incident during a U.S. flight over the weekend, as the type of engine involved is not in use by Canadian carriers. The U.S.
Feb 22, 2021 8:37 AM
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Goodyear acquires Cooper in all-American tire deal
Two of the biggest remaining American tire companies are joining forces. Goodyear Tire & Rubber Co. is acquiring Cooper in a deal with an equity value of $2.8 billion that will combine the two century-old Ohio manufacturers.
Feb 22, 2021 8:30 AM
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Huawei unveils flagship foldable smartphone
BEIJING — Struggling under U.S. sanctions, Huawei unveiled a folding smartphone with an 8-inch (20- centimetre ) -wide screen Monday to show off its tech prowess but said it will be sold only in China.
Feb 22, 2021 8:29 AM
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TC Energy refuses to raise bid for TC PipeLines despite unitholder criticism
CALGARY — TC Energy Corp. says it has no intention of again sweetening its bid to buy out the other unitholders of TC PipeLines LP, a U.S.
Feb 22, 2021 8:19 AM
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Security firm GardaWorld outbid in offer for British competitor G4S
MONTREAL — Private security firm GardaWorld has allowed itself to be outbid by a U.S. company in its takeover attempt for British competitor G4S plc. Quebec-based GardaWorld said it would not raise its offer of 235 pence per share for G4S.
Feb 22, 2021 6:09 AM
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Why some Texans are getting sky-high energy bills
After unusual icy weather left millions of Texans without power, some are facing another crisis: Sky-high electricity bills.
Feb 22, 2021 2:38 AM
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China urges US to lift trade restrictions, stop interference
BEIJING — China's top diplomat called Monday for new U.S.
Feb 22, 2021 2:32 AM
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Survey: German business optimism up despite pandemic burdens
FRANKFURT — Optimism rose among German businesses in February, according to a closely watched survey - despite a worrisome flattening out in the decline of infections.
Feb 22, 2021 2:29 AM
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