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National Business
Thailand's CP Group buying Tesco's Thai, Malaysian stores
BANGKOK — British supermarket chain Tesco has agreed to a $10.6 billion deal to sell all its stores in Thailand and Malaysia to companies belonging to the CP Group, Thailand's biggest conglomerate.
Mar 10, 2020 1:40 AM
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Ontario company among seven warned by FDA over false coronavirus claims
An Ontario-based holistic clinic is among seven North American companies warned by U.S. regulators to stop selling products with false claims that they can treat the new coronavirus. The U.S.
Mar 9, 2020 11:54 PM
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Canadian banks separating trading staff amid novel coronavirus concerns
TORONTO — Canada's biggest financial institutions are making sweeping changes to their trading operations to protect against a novel form of coronavirus, which one bank confirmed it has already faced in its workforce.
Mar 9, 2020 9:39 PM
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TSX sinks 10.3 per cent in worst day since 1987 on plunging oil prices
TORONTO — Canada's main stock index had its worst day in more than three decades, closing down 10.3 per cent Monday as a collapse in oil prices triggered a plunge in the energy sector and the loonie. The S&P/TSX composite index lost 1,660.
Mar 9, 2020 9:35 PM
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Zeppelin wins latest battle of the bands in `Stairway' fight
LOS ANGELES — A federal appeals court on Monday restored a jury verdict that found Led Zeppelin did not steal “Stairway to Heaven." The 9th U.S.
Mar 9, 2020 5:47 PM
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Pension plan investment CEO bullish on oil despite price crash, emissions debate
CALGARY — The CEO of the Canada Pension Plan Investment Board says Monday's oil price crash and stock market selloff will hurt Canadian energy companies that have weak balance sheets and high debt.
Mar 9, 2020 5:40 PM
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Most actively traded companies on the TSX
TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (14,514.24, down 1,660.78 points). Cenovus Energy Inc. (TSX:CVE). Energy. Down $4.08, or 51.65 per cent, to $3.82 on 22.7 million shares.
Mar 9, 2020 4:29 PM
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New Brunswick Tories say tomorrow's provincial budget hits surplus target
FREDERICTON — New Brunswick's finance minister says Tuesday's provincial budget hits the government's target of a $125-million surplus to go towards the debt.
Mar 9, 2020 3:40 PM
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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 2:44 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 1:46 PM
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