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Aon plans takeover of Willis Towers in $30B all-stock deal
Aon is buying rival benefits and risk consultant Willis Towers Watson in an all-stock deal valued at around $30 billion.
Mar 9, 2020 12:44 PM
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Food delivery services brace for COVID-19 with non-contact options and sanitizer
TORONTO — Food delivery companies operating in Canada are undertaking a handful of precautions amid an outbreak of a novel form of coronavirus. Non-contact drop-offs are coming next week to the Chanmao Inc.
Mar 9, 2020 11:46 AM
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Oil price crash: What it means for Canada
CALGARY — World oil prices are in free fall after Saudi Arabia slashed its crude sale price Sunday, signalling the start of a price war after OPEC talks with Russia broke down without an agreement on production cuts.
Mar 9, 2020 11:27 AM
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Ensign Energy Services reports Q4 loss, stock plunges as oil markets roil
CALGARY — Shares in drilling company Ensign Energy Services Inc. plunged by as much as 40 per cent on Monday amid a worldwide oil price and stock market crash. The company, which reported a loss of $71.6 million in the fourth quarter ended Dec.
Mar 9, 2020 11:21 AM
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Stop work order partially lifted at Cape Breton's Donkin coal mine
DONKIN, N.S. — Nova Scotia's Labour Department says a stop work order has been partially lifted at the Donkin coal mine in Cape Breton. Production was shut down Feb.
Mar 9, 2020 10:06 AM
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Annual pace of housing starts in February slowed compared with January
OTTAWA — The annual pace of housing starts fell in February compared with January, but still came in stronger than economists had expected. Canada Mortgage and Housing Corp.
Mar 9, 2020 9:23 AM
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Juul Labs sought to court AGs as teen vaping surged
WASHINGTON — It was a blunt warning about the dangers of youth vaping: Georgia Attorney General Chris Carr announced late last month that his state had joined 38 others to investigate whether Juul Labs, the nation’s largest electronic cigarette compa
Mar 9, 2020 8:29 AM
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Business software firm Open Text buys Montreal-based XMedius for $75 million
WATERLOO, Ont. — Business software company OpenText has acquired XMedius, a provider of secure file exchange and communication, for $75 million in cash.
Mar 9, 2020 7:29 AM
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Italy quarantines north in drastic bid to slow virus spread
ROME — Italy took a page from China’s playbook Sunday, attempting to lock down 16 million people — more than a quarter of its population — for nearly a month to halt the relentless march of the new coronavirus across Europe.
Mar 8, 2020 9:54 PM
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Canada's airline duopoly leaves low-cost carriers and flyers feeling shut out
MONTREAL — As a new virus wreaks havoc on the global travel industry, aviation upstarts in Canada have their radar trained on a more entrenched set of challenges.
Mar 8, 2020 12:46 PM
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