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Asia stocks follow Wall St down as Fed warns of higher rates

Asia stocks follow Wall St down as Fed warns of higher rates

BANGKOK (AP) — Asian shares skidded Thursday after a retreat on Wall Street as markets registered their dismay over the Federal Reserve’s warning that still higher interest rates are in store following its latest increase. Oil prices fell while U.S.
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Everland brand organic coconut chocolate bark recalled over undeclared milk

Everland brand organic coconut chocolate bark recalled over undeclared milk

The Canadian Food Inspection Agency has issued a recall for Everland brand organic coconut chocolate bark because the candy contains milk that is not listed on the label.
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TC Energy opens segment of Keystone pipeline; oil spill cleanup continues

TC Energy opens segment of Keystone pipeline; oil spill cleanup continues

CALGARY — TC Energy Corp. says it has restarted the section of the Keystone pipeline that was unaffected by last week's oil leak in Kansas. The Calgary-based company says the restarted segment of pipeline extends from Hardisty, Alta., to Patoka, Ill.
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Rogers-Shaw hearing at Competition Tribunal wraps, no decision date set

Rogers-Shaw hearing at Competition Tribunal wraps, no decision date set

OTTAWA — The Competition Tribunal has committed to reaching a decision as soon as possible on Rogers Communications Inc.'s proposed takeover of Shaw Communications Inc., but did not set a specific date as the hearings wrapped Wednesday.
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Canada revoking sanctions exemptions for Nord Stream turbines

Canada revoking sanctions exemptions for Nord Stream turbines

OTTAWA — Canada has revoked an exemption to sanctions that had allowed a Montreal company to repair turbines for the Nord Stream pipeline operated by Russian state-owned energy giant Gazprom.
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Fed raises key rate by half-point and signals more to come

Fed raises key rate by half-point and signals more to come

WASHINGTON (AP) — The Federal Reserve reinforced its inflation fight Wednesday by raising its key interest rate for the seventh time this year and signaling more hikes to come.
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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 Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (19,891.65, down 131.81): Suncor Energy Inc. (TSX:SU). Energy. Up two cents, or 0.05 per cent, to $42.18 on 15.7 million shares.
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Ottawa council hoping transit fare freeze will help ridership bounce back

Ottawa council hoping transit fare freeze will help ridership bounce back

Ottawa city council has voted to freeze transit fares for the upcoming year in an effort to restore the public's trust after the light rail transit system debacle, and to encourage more people to use public transit as they return to in-person work.
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S&P/TSX composite and U.S. markets reverse morning gains, close down

S&P/TSX composite and U.S. markets reverse morning gains, close down

TORONTO — Canada's main stock index saw a loss of more than half a per cent Wednesday, reversing slight mid-morning gains, while U.S. markets were also down at the close after beginning the day on a more optimistic streak.
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N7 Energy pleads guilty to disturbing creek bed without prior approval

N7 Energy pleads guilty to disturbing creek bed without prior approval

CALGARY — The Alberta Energy Regulator says N7 Energy Ltd. has pled guilty to violating the province's Water Act. The regulator says it laid the charge against the Calgary-based oil and gas company in August 2022.
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