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National Business
Canada initiates dumping investigation of steel imports from five countries
OTTAWA — The Canada Border Services Agency says it has initiated an investigation in alleged dumping of some steel imports from Taiwan, Germany, South Korea, Malaysia and Turkey.
May 27, 2020 12:48 PM
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ATS Automation Tooling Systems reports $13.1M fourth-quarter profit
CAMBRIDGE, Ont. — ATS Automation Tooling Systems Inc. says it is focused on its costs and the preservation of liquidity as it works to deal with disruptions caused by the pandemic.
May 27, 2020 12:15 PM
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BMO reports Q2 profit down from year ago as provisions for credit losses rise
TORONTO — BMO Financial Group reported a second-quarter profit of $689 million, down from $1.5 billion a year ago, as it increased the amount set aside for bad loans due to the pandemic.
May 27, 2020 9:08 AM
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Toronto Star owner Torstar to be sold, taken private in $52- million deal
TORONTO — Five families that built and grew media conglomerate Torstar Corp. have agreed to hand the newspapers they presided over for roughly 70 years to a Canadian investment firm that plans to take the company private.
May 27, 2020 6:55 AM
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N.L. warns of exodus of oil and gas industry without more federal help
ST. JOHN'S, N.L. — Newfoundland and Labrador's government is looking for a rapid answer from Ottawa on its request for aid for the offshore oil sector in light of a quickening exodus of exploration rigs from the province.
May 26, 2020 9:10 PM
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Stanley Ho, who built Macao's gambling industry, dies at 98
HONG KONG — Casino tycoon Stanley Ho, whose business empire dominated the Portuguese gambling enclave of Macao for decades, died Tuesday in Hong Kong at age 98.
May 26, 2020 8:22 PM
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Kansas governor vetoes limits on her power but loosens rules
TOPEKA, Kan.
May 26, 2020 7:35 PM
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Stocks rise on Wall Street, but US braces for 100,000 deaths
NEW YORK — Stocks surged on Wall Street to their highest levels since the business shutdowns took hold in the U.S.
May 26, 2020 7:23 PM
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National Bank reports Q2 net income of $379 million, beats analyst expectations
MONTREAL — National Bank of Canada's net income plunged 32 per cent in its second quarter as it put aside five times the provisions for credit losses than it did a year ago due to the economic storm triggered by the COVID-19 pandemic.
May 26, 2020 7:00 PM
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Air Canada seeks to raise more than $1B to boost cash position amid COVID-19
MONTREAL — Air Canada is hoping to raise more than $1 billion in share and debt offerings to bolster its cash position amid the financial devastation of the COVID-19 pandemic.
May 26, 2020 6:28 PM
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