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Oil giant Saudi Aramco's 1st quarter profit down 20% to $31B

Oil giant Saudi Aramco's 1st quarter profit down 20% to $31B

DUBAI, United Arab Emirates (AP) — Oil giant Saudi Aramco reported a first-quarter profit on Tuesday of $31.88 billion, down nearly 20% from the same period last year as energy prices have sunk over global recession concerns.
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China exports up 8.5% in April in unexpected climb

China exports up 8.5% in April in unexpected climb

BEIJING (AP) — Chinese exports grew 8.5% in April, showing more unexpected strength despite weakening global demand, customs data showed Tuesday. Exports grew to $295.
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Suncor Energy's adjusted earnings decline 34 per cent year-over-year

Suncor Energy's adjusted earnings decline 34 per cent year-over-year

CALGARY — Suncor Energy Inc. says it earned $2.05 billion in the first quarter of 2023, down from $2.95 billion in the same quarter of 2022.
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Energy companies curtail production due to Alberta wildfires

Energy companies curtail production due to Alberta wildfires

CALGARY — Oil and gas producers in Alberta are temporarily shutting in production as wildfires rage across the energy-producing province.
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Sleep Country sees earnings decline in Q1, sales largely unchanged

Sleep Country sees earnings decline in Q1, sales largely unchanged

TORONTO — Sleep Country Canada Holdings Inc. says its earnings for the first quarter were $11.3 million, down 38.5 per cent from $18.4 million a year earlier. The Toronto-based company says revenues were $206.5 million, largely unchanged from $207.
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US to propose new rules for airline cancellations, delays

US to propose new rules for airline cancellations, delays

President Joe Biden said Monday his administration will write new regulations that will require airlines to compensate air travelers and cover their meals and hotel rooms if they are stranded for reasons within the airline's control.
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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 Monday on the Toronto Stock Exchange: Toronto Stock Exchange (20,585.15, up 43.12): Tourmaline Oil Corp. (TSX:TOU). Energy. Down 75 cents, or 1.28 per cent, to $57.73 on 16.9 million shares.
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S&P/TSX composite edges higher on tech and battery metals, U.S. markets mixed

S&P/TSX composite edges higher on tech and battery metals, U.S. markets mixed

TORONTO — Canada's main stock index edged higher Monday led by gains in technology and battery metals, while U.S. markets were mixed.
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Lawsuit: Yellen should ignore 'unconstitutional' debt limit

Lawsuit: Yellen should ignore 'unconstitutional' debt limit

WASHINGTON (AP) — A union of government employees on Monday sued Treasury Secretary Janet Yellen and President Joe Biden to try to stop them from complying with the law that limits the government's total debt , which the lawsuit contends is unconstit
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Pearson Airport turns to bolstered staffing, tech improvements to reduce travel chaos

Pearson Airport turns to bolstered staffing, tech improvements to reduce travel chaos

TORONTO — Aiming to prevent the chaos that travellers experienced last year when flying in and out of Canada's busiest airport, Toronto Pearson International has bolstered staffing and made technological improvements ahead of this year's summer surge
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