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National Business

Rogers Communications higher third-quarter profit driven by wireless results

TORONTO — Rogers Communications Inc. reported Thursday its third-quarter profit grew to $467 million, driven by the strength of its wireless business.
Spain ready to revoke Catalan autonomy amid independence bid

Spain ready to revoke Catalan autonomy amid independence bid

BARCELONA, Spain — Spain's government on Thursday immediately rejected a threat by Catalonia's leader to declare independence unless talks are held, calling a special Cabinet session for the weekend to activate measures to take control of the region'

Cenovus selling Palliser assets in Alberta to Torxen for $1.3 billion

CALGARY — Cenovus Energy Inc. (TSX:CVE) says it has agreed to sell its Palliser crude oil and natural gas assets in southeastern Alberta to Torxen Energy and Schlumberger for $1.3 billion.

EDC says Canadian exports seeing big gains on strength of global economy

CALGARY — Export Development Canada says exports are growing significantly as both the U.S. and the global economy continue to improve.

London Stock Exchange chief to step down at end of 2018

LONDON — The London Stock Exchange has announced that its chief executive plans to step down by the end of 2018. Xavier Rolet has headed the London exchange for nearly nine years.

Study: Lower-income kids give more time to TV, digital media

LOS ANGELES — Children in lower-income families spend more time watching TV and using electronic devices than kids in more affluent homes, according to a survey released Thursday.

Trans Mountain activity slowed by permits, Kinder Morgan Canada says

CALGARY — Kinder Morgan Canada Ltd. (TSX:KML) said Wednesday that it's already facing potentially months of delay on the Trans Mountain pipeline expansion project because of the timing of permits and regulatory approvals.

Toronto stock market lower as Dow Jones cruises past 23,000 record

TORONTO — Canada's main stock index lost ground Wednesday while U.S. stock markets hit new records with the Dow Jones sailing past the 23,000 mark. In New York, the Dow Jones industrial average climbed 160.16 points to 23,157.60.

Most actively traded companies on the TSX

Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (15,782.16, down 34.74 points): Bombardier Inc. (TSX:BBD.B). Aerospace, rail equipment. Down one cent, or 0.37 per cent, to $2.72 on 24.

Halifax submits its bid for Amazon's second North American headquarters

Halifax has submitted its pitch to lure online retail giant Amazon to the city, but even the bid's biggest proponent admits it's a long shot.