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S&P/TSX composite falls more than 300 points on bank fears, U.S. markets mixed
TORONTO — Canada's main stock index sank Wednesday, pulled down by the energy and financial sectors as mounting apprehensions over the global banking sector spread, while U.S. markets were mixed as the tech sector held its own.
Mar 15, 2023 4:37 PM
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Flair launches $50-million lawsuit against leasing companies after plane seizures
MONTREAL — Flair Airlines has filed a $50-million lawsuit against several plane-leasing companies over the "unlawful" seizure of four of its aircraft last weekend
Mar 15, 2023 4:27 PM
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Wall Street falls on new bank fears, bond yields plunge
NEW YORK (AP) — Stocks fell amid fresh worries about the banking sector, although Wall Street more than halved its losses by the closing bell. The S&P 500 closed with a decline of 0.7%.
Mar 15, 2023 4:19 PM
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Canadian home sales drop 40 per cent in February compared with year ago
February's home sales plummeted 40 per cent from a year ago to levels not seen since before the pandemic as new listings and prices also dropped in what one economist called "hints of a bottoming process.
Mar 15, 2023 3:33 PM
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Magnet Forensics deal draws conflicting advice from proxy advisors
Investors are getting conflicting advice from independent proxy advisors on whether the takeover price for cybersecurity firm Magnet Forensics Inc. is fair. Glass Lewis & Co.
Mar 15, 2023 1:58 PM
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CP Rail's US$31billion takeover of KCS gains final regulatory approval
CALGARY — The U.S. rail regulator is giving a green light to Canadian Pacific Railway Ltd. to take control of Kansas City Southern Railway Co. as early as April 14.
Mar 15, 2023 1:54 PM
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Regulator says Silicon Valley Bank's Canadian assets being restructured
OTTAWA — Canada's banking regulator says the Canadian branch of Silicon Valley Bank is being restructured in a way that will allow it to continue operations in the country.
Mar 15, 2023 1:51 PM
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French strike nationwide as garbage piles up over pensions
PARIS (AP) — A joint committee of Senate and National Assembly lawmakers has validated French President Emmanuel Macron's pension plan, meaning it could be submitted to votes by both houses of Parliament on Thursday, unless his government chooses to
Mar 15, 2023 1:03 PM
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LockBit carried out 101 cyberattacks in February: NordLocker report
A digital storage firm company says the ransomware group whose software was used to attack Indigo Books & Music carried out 101 attacks in the month of February, a record for the group that began operating in 2019.
Mar 15, 2023 12:51 PM
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Tech sectors expects collapse of SVB to have 'chilling' effect on investments
TORONTO — Members of Canada's technology sector say they're worried the collapse of the Silicon Valley Bank (SVB) will have a chilling effect on investments in the already-hampered sector.
Mar 15, 2023 11:47 AM
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