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Berkshire's $11.6B Alleghany deal expands insurance business
OMAHA, Neb. — Warren Buffett, who started the year bemoaning the lack of potential acquisitions for his conglomerate, Berkshire Hathaway, announced Monday that it would acquire the insurance company Alleghany for $11.6 billion.
Mar 21, 2022 10:10 AM
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Ontario security company uncovers ransomware gang affiliate using Cobalt Strike
TORONTO — An Ontario security software company says it has discovered a new affiliate of a ransomware gang that has pledged allegiance to Russia carrying out attacks with threat emulation technology. Waterloo, Ont.
Mar 21, 2022 8:03 AM
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Barrick signs agreement in principle to restart Reko Diq project in Pakistan
TORONTO — Barrick Gold Corp. has signed an agreement in principle to restart work on its Reko Diq project in Pakistan's Balochistan province. The project was suspended in 2011 due to a dispute over the legality of its licensing process.
Mar 21, 2022 5:59 AM
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Saudi Arabia says it's not responsible for high oil prices
DUBAI, United Arab Emirates (AP) — Saudi Arabia said on Monday that it “won't bear any responsibility" for a shortage in global oil supplies after a fierce barrage of attacks by Yemen's Houthi rebels affected production in the kingdom, the world's la
Mar 21, 2022 5:38 AM
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Chinese airliner crashes with 132 aboard in country's south
BEIJING (AP) — A China Eastern Boeing 737-800 with 132 people on board crashed in the southern province of Guangxi on Monday, officials said.
Mar 21, 2022 3:36 AM
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Yemen rebels launch barrage of strikes on Saudi sites
DUBAI, United Arab Emirates (AP) — Yemen’s Houthi rebels unleashed one of their most intense barrages of drone and missile strikes on Saudi Arabia's critical energy facilities on Sunday, sparking a fire at one site and temporarily cutting oil product
Mar 20, 2022 1:06 PM
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‘The Batman,' still No. 1, crosses $300 million
“The Batman” is still going strong three weeks into its theatrical run, with a tight grip on the top spot at the box office. Robert Pattinson’s debut as the Dark Knight earned an additional $36.
Mar 20, 2022 10:12 AM
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Soaring gas prices are pushing more Canadians to seriously consider EVs
Sky-high gas prices are pushing electric vehicles (EVs) further into the spotlight as of late, as more drivers think seriously about going electric. Marketing professional Ash Molaei is one those people.
Mar 20, 2022 8:03 AM
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Five things to watch for in the Canadian business world in the coming week
TORONTO — Five things to watch for in the Canadian business world in the coming week: Ukraine and the markets Russia's invasion of Ukraine has meant volatility for stock markets around the world as well as for the commodity markets.
Mar 20, 2022 7:48 AM
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Shutdown begins at CP Rail as two sides continue to negotiate
CALGARY — The company and the union are pointing fingers of blame at each other for a shutdown of Canadian Pacific Railway operations that began Sunday while the two sides remained at the bargaining table.
Mar 20, 2022 1:38 AM
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