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S&P/TSX composite closes up nearly 3%, U.S. stock markets also rise

S&P/TSX composite closes up nearly 3%, U.S. stock markets also rise

TORONTO — Canada's main stock index leapt close to three per cent Thursday and U.S. markets also rose as investors shifted bets from long-term bonds towards equities on an improved outlook for interest rates.
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Thousands of Las Vegas Strip hotel workers at 18 casinos could go on strike this month

Thousands of Las Vegas Strip hotel workers at 18 casinos could go on strike this month

LAS VEGAS (AP) — Tens of thousands of Las Vegas hotel workers fighting for new union contracts set a strike deadline Thursday, threatening major disruptions at more than a dozen resorts that could coincide with the Strip's inaugural Formula 1 races l
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Finance committee calls for feds to block RBC-HSBC deal on competition concerns

Finance committee calls for feds to block RBC-HSBC deal on competition concerns

OTTAWA — The finance committee of the House of Commons has called on the Finance Minister to block RBC's $13.5-billion takeover of HSBC Canada over concerns it will hurt competition.
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Crescent Point Energy pleased so far with Montney assets bought in $1.7-billion deal

Crescent Point Energy pleased so far with Montney assets bought in $1.7-billion deal

CALGARY — Crescent Point Energy Corp. said Thursday it is pleased with the results it has obtained so far from oilfield assets the company purchased earlier this year in a $1.7-billion deal.
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Cenovus Energy reports Q3 profit up; overcomes start-of-year challenges

Cenovus Energy reports Q3 profit up; overcomes start-of-year challenges

CALGARY — Cenovus Energy Inc. saw its profits surge in the third quarter as the Calgary based oil company overcame a number of challenges that had plagued it earlier in the year. Cenovus said Thursday it earned a third-quarter profit of $1.
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Store-level sales across toy industry 'disappointing' in Oct: Spin Master

Store-level sales across toy industry 'disappointing' in Oct: Spin Master

TORONTO — Spin Master Corp. executives say the lead-up to the usually bustling holiday sales season has so far wound up below expectations.
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Lightspeed Q2 revenue up 25% from year ago as company advances payments strategy

Lightspeed Q2 revenue up 25% from year ago as company advances payments strategy

An ongoing shift in its payments processing strategy helped Lightspeed Commerce Inc. record a 25 per cent increase in its second-quarter revenue. The Montreal-based e-commerce technology company, which keeps its books in U.S.
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Format of public comment meetings for Dakota Access oil pipeline upsets opponents

Format of public comment meetings for Dakota Access oil pipeline upsets opponents

BISMARCK, N.D. (AP) — Opponents of the Dakota Access oil pipeline are taking issue with the format of private oral testimony in meetings for public comment on a draft environmental review of the controversial pipeline. The U.S.
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The US sanctions more foreign firms in a bid to choke off Russia's supplies for its war in Ukraine

The US sanctions more foreign firms in a bid to choke off Russia's supplies for its war in Ukraine

WASHINGTON (AP) — The United States on Thursday imposed a new round of sanctions on 130 firms and people from Turkey, China and the United Arab Emirates in an effort to choke off Russia's access to tools and equipment that support its invasion of Ukr
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Greater Toronto home sales drop 5.8 per cent in October amid high borrowing costs

Greater Toronto home sales drop 5.8 per cent in October amid high borrowing costs

TORONTO — Greater Toronto home sales fell 5.8 per cent last month compared with October 2022, with sales of townhouses recording the biggest decline.
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