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Asia Today: Beijing tells residents to stay put for holidays

Asia Today: Beijing tells residents to stay put for holidays

Beijing has urged residents not to leave the city during the Lunar New Year holiday in February, implementing new restrictions after several coronavirus infections last week.
Michael Jackson's Neverland Ranch sold to billionaire

Michael Jackson's Neverland Ranch sold to billionaire

LOS ANGELES — Michael Jackson’s Neverland Ranch in California has found a new owner in billionaire businessman Ron Burkle.
Markets positive as Canadian dollar and oil gain on last trading day before Christmas

Markets positive as Canadian dollar and oil gain on last trading day before Christmas

TORONTO — Hopes for better times in 2021 drove North American stock markets to positive results as an abbreviated trading day ended at 1 p.m. ET on Christmas Eve. In Toronto, the S&P/TSX composite index closed up 30.31 points at 17,623.

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (17,623.88, up 30.31 points.) Zenabis Global Inc. (TSX:ZENA). Health Care. Up 0.3 cents, or 5.6 per cent, to 4.8 cents on 6.
Boxing Day's shot to return to its 'glory days' stymied by lockdowns: Retail experts

Boxing Day's shot to return to its 'glory days' stymied by lockdowns: Retail experts

Canadian retailers are expected to offer deep discounts this Boxing Day in a bid to entice shoppers to buy up leftover holiday and seasonal goods and raise enough cash to endure the latest round of pandemic restrictions.
Galen Weston succeeds father as controlling shareholder of grocery empire

Galen Weston succeeds father as controlling shareholder of grocery empire

TORONTO — The Weston family says Galen G. Weston has succeeded his father, W. Galen Weston, as the controlling shareholder of Wittington Investments, Ltd., the controlling shareholder of George Weston Ltd.
China steps up pressure on Alibaba with anti-monopoly probe

China steps up pressure on Alibaba with anti-monopoly probe

BEIJING — Chinese regulators on Thursday announced an anti-monopoly investigation of e-commerce giant Alibaba Group, stepping up the ruling Communist Party’s efforts to control fast-growing tech industries.
Asian markets advance after S&P 500 snaps losing streak

Asian markets advance after S&P 500 snaps losing streak

Asian shares were mostly higher on Thursday after stocks eked out small gains on Wall Street following a mixed set of reports on the economy. Benchmarks rose in Tokyo, Hong Kong and Sydney.
TransAlta shifts $439 million in power assets to TransAlta Renewables subsidiary

TransAlta shifts $439 million in power assets to TransAlta Renewables subsidiary

CALGARY — TransAlta Corp. says it is selling power transmission assets in Canada and the United States for $439 million to its majority owned subsidiary TransAlta Renewables Inc.
Trump plan to curb drug costs dealt setback in court

Trump plan to curb drug costs dealt setback in court

WASHINGTON — A late-term manoeuvr by President Donald Trump to use lower drug prices paid overseas to limit some of Medicare's own costs suffered a legal setback Wednesday that appears likely to keep the policy from taking effect before the president