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S&P/TSX composite rises Thursday, U.S. markets gain with Nasdaq up 2.5 per cent
TORONTO — Markets in Canada and the U.S. climbed steadily Thursday in yet another reversal during a volatile week, with tech helping drive strength as well as some signs of recovery in embattled financial stocks.
Mar 16, 2023 2:38 PM
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Experts, banks look for ideas to stop next bank failure
WASHINGTON (AP) — The warning signs were all there. Silicon Valley Bank was expanding at a breakneck pace and pursuing wildly risky investments in the bond market.
Mar 16, 2023 2:19 PM
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Businesses expect slower sales in short term as cost, labour issues persist: survey
OTTAWA — Businesses expect subdued sales in the short term as they face continued cost and labour pressures, despite slowing inflation, according to a survey by the Canadian Chamber of Commerce.
Mar 16, 2023 1:20 PM
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Empire reports $125.7M net earnings as it rebounds from Sobeys cyberattack
Grocery giant Empire Company Ltd.
Mar 16, 2023 12:42 PM
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Some Canadian employers offer egg freezing as part of expanded fertility benefits
Tonya Johnson, 39, is single, happy and freezing her eggs to buy a little more time before she starts a family. The procedure is costly — as much as $15,000 for one egg freezing cycle with medication — putting it out of reach for many.
Mar 16, 2023 12:33 PM
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Yellen tells Congress US banking system 'remains sound'
WASHINGTON (AP) — A week after the second-largest bank collapse in U.S.
Mar 16, 2023 12:23 PM
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France's Macron risks his government to raise retirement age
PARIS (AP) — French President Emmanuel Macron imposed a highly unpopular bill raising the retirement age from 62 to 64 on Thursday by shunning parliament and invoking a special constitutional power.
Mar 16, 2023 11:59 AM
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Europe's central bank backs big rate hike despite bank chaos
FRANKFURT, Germany (AP) — The European Central Bank carried through with a large interest rate increase Thursday, brushing aside predictions it might dial back as U.S.
Mar 16, 2023 10:51 AM
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Nurses, paramedics reach pay deal to end England strikes
LONDON (AP) — Unions representing hundreds of thousands of nurses, ambulance crews and other health care workers in England reached a deal Thursday to resolve months of disruptive strikes for higher wages, though the pact didn't include doctors.
Mar 16, 2023 10:45 AM
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Japan, South Korea renew ties at Tokyo summit
TOKYO (AP) — Japan and South Korea agreed to resume regular visits between their leaders and take steps to resolve a trade dispute during a highly anticipated summit Thursday, in what Japan's prime minister called a “big step” to rebuilding the two n
Mar 16, 2023 10:13 AM
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