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Credit Suisse shares soar after central bank offers lifeline

Credit Suisse shares soar after central bank offers lifeline

GENEVA (AP) — Credit Suisse shares surged Thursday after the Swiss central bank agreed to loan the bank up to 50 billion francs ($54 billion) to bolster confidence in the country’s second-biggest lender following the collapse of two U.S. banks .
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Some employer benefits cover egg freezing. Here's a breakdown of the costs

Some employer benefits cover egg freezing. Here's a breakdown of the costs

Fertility preservation, or the freezing of eggs or sperm, is being offered by some employers as part of an expanded suite of fertility and family planning benefits.
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UK bans TikTok on government phones on security grounds

UK bans TikTok on government phones on security grounds

LONDON (AP) — British authorities said Thursday that they are banning the Chinese-owned video-sharing app TikTok from government mobile phones on security grounds, following similar moves by the U.S. and European Union .
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Wholesale sales up 2.4% at $84.2B in January, led by food and equipment growth

Wholesale sales up 2.4% at $84.2B in January, led by food and equipment growth

OTTAWA — Statistics Canada says wholesale sales rose 2.4 per cent to $84.2 billion in January, led by growth in both the machinery, equipment and supplies and food, beverage and tobacco subsectors.
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US jobless aid claims fell last week as layoffs remain low

US jobless aid claims fell last week as layoffs remain low

Fewer Americans applied for jobless claims last week as the labor market continues to thrive despite the Federal Reserve's efforts to cool the economy and tamp down inflation. Applications for jobless claims in the U.S.
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Aimia reports $23.3M net loss in Q4 as it prepares to close Trufopes, Bozzetto deals

Aimia reports $23.3M net loss in Q4 as it prepares to close Trufopes, Bozzetto deals

TORONTO — Aimia Inc. reported a $23.3 million net loss in its most recent quarter, a period that preceded two manufacturing acquisitions. The Toronto-based holding company says its fourth quarter results compared with a net loss of $14.
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Bank fears spread to Europe, drag down shares of big lenders

Bank fears spread to Europe, drag down shares of big lenders

GENEVA (AP) — Fears about the world banking system spread to Europe on Wednesday as shares in the globally connected Swiss bank Credit Suisse plunged and dragged down other major European lenders in the wake of bank failures in the United States .
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Oil prices plunge, Canadian energy stocks take beating as global banking fears spread

Oil prices plunge, Canadian energy stocks take beating as global banking fears spread

CALGARY — Crude oil prices plunged below US$70 and Canadian energy stocks took a beating Wednesday as market chaos continued amid concerns about a spreading bank crisis.
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Alimentation Couche-Tard Inc. reports earnings of US$737M in third quarter

Alimentation Couche-Tard Inc. reports earnings of US$737M in third quarter

LAVAL, Que. — Alimentation Couche-Tard Inc. says it earned US$737.4 million in its third quarter ended Jan. 29, down 1.2 per cent from a year earlier. The Laval, Que.
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Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (19,378.84, down 315.32): Suncor Energy Inc. (TSX:SU). Energy. Down $2.80, or 6.50 per cent, to $40.27 on 15.4 million shares.
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