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Martinrea International reports $46.2M Q4 profit, sales up more than 20%

Martinrea International reports $46.2M Q4 profit, sales up more than 20%

TORONTO — Martinrea International Inc. reported a profit of $46.2 million in its latest quarter compared with a loss of nearly $9.7 million a year ago as its revenue rose more than 20 per cent.
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BoC expected to hold interest rate next week, one year after aggressive cycle began

BoC expected to hold interest rate next week, one year after aggressive cycle began

OTTAWA — One year after the Bank of Canada's aggressive rate hike cycle began, economists widely expect the central bank will stick to its plan of holding its key interest rate steady at its next scheduled announcement.
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Firefighters battle blaze in Hong Kong shopping district

Firefighters battle blaze in Hong Kong shopping district

HONG KONG (AP) — Hong Kong firefighters battled a huge blaze Friday that broke out overnight at a construction site in a popular shopping district and forced 170 people in nearby buildings to evacuate.
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Asian stocks follow Wall St up on interest rate hopes

Asian stocks follow Wall St up on interest rate hopes

BEIJING (AP) — Asian stock markets followed Wall Street higher Friday after a Federal Reserve official raised hopes the U.S. central bank might not step up its anti-inflation fight as much as feared. Shanghai, Tokyo, Hong Kong and Sydney advanced.
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As Tennessee, others target drag shows, many wonder: Why?

As Tennessee, others target drag shows, many wonder: Why?

NASHVILLE, Tenn. (AP) — “If I hadn’t been a girl, I’d have been a drag queen.” Dolly Parton has uttered those words famously and often.
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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 Thursdayon the Toronto Stock Exchange: Toronto Stock Exchange (20,337.21, up 77.43): Suncor Energy Inc. (TSX:SU). Energy. Up 55 cents, or 1.18 per cent, to $47.29 on 17.4 million shares.
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TD follows other banks in seeing profits fall as more money set aside on rising risk

TD follows other banks in seeing profits fall as more money set aside on rising risk

TORONTO — TD Bank Group's profits fell in the first quarter, following what's proved to be a trend among big banks in the quarter as they set aside more money for potentially tougher economic conditions ahead.
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Nordstrom closing all of its Canadian stores, cutting 2,500 jobs

Nordstrom closing all of its Canadian stores, cutting 2,500 jobs

"Despite our best efforts, we do not see a realistic path to profitability for the Canadian business."
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S&P/TSX composite closes higher on lift from Wall Street relief rally

S&P/TSX composite closes higher on lift from Wall Street relief rally

Canada's main stock index got a lift from rising U.S. markets Thursday, closing higher in spite of weakness in the financials sector. The S&P/TSX composite index was up 77.43 points at 20,337.21.
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Indigo refuses to pay ransom, warns stolen employee data may be posted to dark web

Indigo refuses to pay ransom, warns stolen employee data may be posted to dark web

Canada's biggest bookstore chain is warning employees that data stolen in a cyberattack may be posted on the so-called dark web after it refused to pay a ransom demand. Indigo Books & Music Inc.
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