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National Business
National Business
Dye & Durham deal to buy Link Group clears Australian competition regulator
TORONTO — Dye & Durham Ltd. says Australia's competition regulator will not oppose the company's acquisition of Link Group.
Sep 8, 2022 2:48 PM
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Transat says it's on track for strong winter season amid demand for sun destinations
MONTREAL — Tour operator Transat A.T. Inc. says it's on track for a strong winter travel season amid a rebound in sun destination sales that promise to match pre-pandemic levels.
Sep 8, 2022 1:07 PM
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Investment in Canadian fintech firms down more than 50% in first half of 2022: KPMG
TORONTO — New research from KPMG shows investment in Canadian financial technology companies has dropped by more than 50 per cent in the first half of the year.
Sep 8, 2022 12:10 PM
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Powell: Higher rates unlikely to cause deep US recession
WASHINGTON (AP) — The last time the Federal Reserve faced inflation as high as it is now , in the early 1980s, it jacked up interest rates to double-digit levels — and in the process caused a deep recession and sharply higher unemployment.
Sep 8, 2022 12:02 PM
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European Central Bank makes largest-ever interest rate hike
FRANKFURT, Germany (AP) — The European Central Bank made its largest-ever interest rate increase Thursday, following the U.S.
Sep 8, 2022 11:21 AM
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Reduce spending, take advantage of severance and apply for EI after a layoff: experts
TORONTO — When Addy Bhatia was laid off from Wealthsimple in June, he covered his bills by relying on strategies that got him through four layoffs in the last two years.
Sep 8, 2022 11:08 AM
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Blinken, in Kyiv, unveils $2B in US military aid for Europe
KYIV, Ukraine (AP) — U.S. Secretary of State Antony Blinken paid an unannounced visit to Kyiv on Thursday as the Biden administration announced major new military aid worth more than $2.
Sep 8, 2022 11:03 AM
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Fewer Americans apply for jobless aid last week
WASHINGTON (AP) — The number of Americans filing for unemployment benefits last week fell to its lowest level since May despite repeated attempts by the Federal Reserve to cool the economy and bring inflation under control.
Sep 8, 2022 9:05 AM
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Shopify names Morgan Stanley executive as new chief financial officer
OTTAWA — Shopify Inc. named Jeff Hoffmeister as its next chief financial officer, replacing Amy Shapero, who is stepping down following the company's third-quarter earnings to be released on Oct. 27.
Sep 8, 2022 8:46 AM
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Ricky Martin sues nephew, alleges million-dollar losses
SAN JUAN, Puerto Rico (AP) — Puerto Rican superstar Ricky Martin filed a lawsuit Wednesday against his nephew that accused him of extortion, malicious persecution, abuse of law and damages — stemming from false allegations of sexual abuse.
Sep 8, 2022 5:20 AM
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