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BMO receives regulatory approval for Bank of the West acquisition
TORONTO — BMO Financial Group has secured the all-clear from U.S. regulators to close its US$16.3-billion takeover of California-based Bank of the West from BNP Paribas. The deal, expected to close on Feb.
Jan 18, 2023 12:59 PM
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MTY Food Group hikes dividend amid post-pandemic restaurant rebound, new acquisitions
MONTREAL — MTY Food Group Inc. has raised its quarterly dividend as the operator and franchisor of restaurants like Cold Stone Creamery, Manchu Wok and Thai Express continues its post-pandemic rebound.
Jan 18, 2023 11:55 AM
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Fed's Powell tests positive for COVID, has 'mild' symptoms
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell tested positive Wednesday for COVID-19 and is experiencing “mild symptoms," the Federal Reserve announced.
Jan 18, 2023 10:46 AM
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Women's tech collective Toast launches with aim to diversify hiring, reduce wage gaps
TORONTO — When Marissa McNeelands was hiring a senior artificial intelligence product manager last year, she asked recruiters to suggest an equal number of male and female candidates.
Jan 18, 2023 10:00 AM
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Wholesale inflation in US slowed further in December to 6.2%
WASHINGTON (AP) — Wholesale prices in the United States rose 6.2% in December from a year earlier, a sixth straight slowdown and a hopeful sign that inflation pressures will continue to cool. The latest year-over-year figure was down from 7.
Jan 18, 2023 9:44 AM
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BDC leads US$50M funding round for Calgary-based lithium company
CALGARY — A new fund launched in November by the Business Development Bank of Canada to help foster the growth of homegrown climate technology has made its largest investment yet.
Jan 18, 2023 4:00 AM
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Qantas plane lands safely after mayday call made over ocean
SYDNEY (AP) — A Qantas flight traveling from New Zealand to Sydney landed safely after it issued a mayday call over the Pacific Ocean on Wednesday. Qantas Flight 144 landed at Sydney Airport from Auckland, New Zealand, after a 3.
Jan 18, 2023 12:05 AM
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Nobel winner Maria Ressa, news outlet cleared of tax evasion
MANILA, Philippines (AP) — Nobel Peace Prize winner Maria Ressa and her online news company were cleared Wednesday of tax evasion charges she said were among a slew of legal cases used by former Philippine President Rodrigo Duterte to try to muzzle c
Jan 17, 2023 11:03 PM
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Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,457.46, up 67.13): Toronto-Dominion Bank (TSX:TD). Financials. Up 85 cents, or 0.95 per cent, to $89.95 on 10.5 million shares.
Jan 17, 2023 5:49 PM
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ICBC president Nicolas Jimenez leaves to take the top job at BC Ferries
VICTORIA — The president and CEO of the Insurance Corporation of B.C. is leaving to take on the same job at BC Ferries. The insurance corporation says in a news release that Nicolas Jimenez has been with them for almost 20 years.
Jan 17, 2023 5:14 PM
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