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National Business
US applications for jobless benefits inch higher but remain at historically healthy levels
The number of Americans applying for jobless benefits inched up last week but remains low by historical standards, even with the Federal Reserve's aggressive interest rate hikes meant to cool the economy and taper lingering inflation.
Nov 2, 2023 8:47 AM
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Bank of England keeps main UK interest rate at 15-year high of 5.25% and cautions over oil prices
LONDON (AP) — The Bank of England kept its main interest rate unchanged on Thursday at the 15-year high of 5.
Nov 2, 2023 8:38 AM
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Barrick Gold reports US$368M Q3 profit, up from US$241M a year ago
TORONTO — Barrick Gold Corp. reported a third-quarter profit of US$368 million, up from US$241 million a year earlier, helped by higher gold prices. The Toronto-based gold miner, which keeps its books in U.S.
Nov 2, 2023 7:01 AM
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Countries at a UK summit pledge to tackle AI's potentially 'catastrophic' risks
BLETCHLEY PARK, England (AP) — Delegates from 28 nations, including the U.S. and China, agreed Wednesday to work together to contain the potentially “catastrophic” risks posed by galloping advances in artificial intelligence.
Nov 1, 2023 9:11 PM
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N.L. wants details on environmental impact before hydrogen project can move forward
ST. JOHN'S, N.L. — The Newfoundland and Labrador government has asked the company vying to build one of the country's first large-scale green hydrogen plants to provide more information about the project's effects on the environment.
Nov 1, 2023 6:28 PM
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Parkland Corp.'s third-quarter earnings double on strong refinery performance
CALGARY — Fuel retailer Parkland Corp. says its third-quarter earnings more than doubled in 2023 thanks to favourable market conditions and the company's ongoing efforts to optimize its Burnaby refinery.
Nov 1, 2023 6:18 PM
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Federal Reserve leaves its key rate unchanged but keeps open possibility of a future hike
WASHINGTON (AP) — The Federal Reserve kept its key short-term interest rate unchanged Wednesday for a second straight time but left the door open to further rate hikes if inflation pressures should accelerate in the months ahead.
Nov 1, 2023 6:01 PM
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Nutrien sees earnings drop in third quarter as lower selling prices take a toll
SASKATOON — Nutrien Ltd. says it earned US$82 million in the third quarter, down from US$1.6 billion a year earlier. The Saskatoon-based company, which is the world's largest fertilizer producer, says sales were US$5.
Nov 1, 2023 5:38 PM
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Spin Master reports higher third-quarter earnings but lowers full-year guidance
TORONTO — Spin Master Corp. says its net income for the third quarter was US$155.4 million, up from US$141.4 million from a year earlier. The Toronto-based toy and entertainmentcompany says revenue for the quarter ended Sept. 30 was US$710.
Nov 1, 2023 5:30 PM
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Donald Trump Jr. testifies he never worked on the key documents in his father's civil fraud trial
NEW YORK (AP) — Donald Trump Jr. testified Wednesday that he never worked on his father's financial statements, the documents at the heart of the civil fraud trial that threatens former President Donald Trump’s real estate empire.
Nov 1, 2023 5:14 PM
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