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Manulife to appoint former Teck Resources CEO Don Lindsay as board chair in February

Manulife to appoint former Teck Resources CEO Don Lindsay as board chair in February

TORONTO — Manulife Financial Corp. says it will name Don Lindsay as chair of the company's board early next year. Lindsay will replace John Cassaday, who will retire in February after 30 years on the Manulife board, including the past five as chair.
Gerry Schwartz to step down as CEO at Onex, Bobby Le Blanc named next CEO

Gerry Schwartz to step down as CEO at Onex, Bobby Le Blanc named next CEO

TORONTO — Gerry Schwartz, founder of Toronto-based private equity firm Onex Corp., will step down from his role as CEO of the company after nearly 40 years. The billionaire, who turns 81 this month, will remain chairman of Onex.
UN, Russia hold talks on extending wartime grain deal

UN, Russia hold talks on extending wartime grain deal

GENEVA (AP) — Top Russian and U.N.
Emera puts clean energy projects in Nova Scotia on hold after rate cap

Emera puts clean energy projects in Nova Scotia on hold after rate cap

HALIFAX — Emera Inc. is putting capital spending on clean energy projects in Nova Scotia on hold as it works through the consequences of the Nova Scotia government's imposed rate cap on the parent company of Nova Scotia Power.
Thomson Reuters plans to acquire SurePrep in US$500 million deal

Thomson Reuters plans to acquire SurePrep in US$500 million deal

TORONTO — Thomson Reuters Corporation says it has signed a deal to acquire U.S. company SurePrep, LLC, in a transaction worth US$500 million.
Algonquin Power & Utilities reports Q3 loss, cuts guidance for full year

Algonquin Power & Utilities reports Q3 loss, cuts guidance for full year

OAKVILLE, Ont. — Algonquin Power & Utilities Corp. reported a $195.2-million loss in its latest quarter and cut its financial guidance for the year. The power utility, which keeps its books in U.S.
Hydro One reports $307M third-quarter profit, up from $300M a year ago

Hydro One reports $307M third-quarter profit, up from $300M a year ago

TORONTO — Hydro One Ltd. reported a third-quarter profit of $307 million, up from $300 million in the same quarter last year. The power utility says the profit amounted to 51 cents per diluted share for the quarter ended Sept. 30.
Asian stocks surge after lower US inflation eases rate fears

Asian stocks surge after lower US inflation eases rate fears

BEIJING (AP) — Asian stock markets surged Friday after U.S. inflation eased by more than expected, spurring hopes the Federal Reserve might scale down plans for more interest rate hikes. Hong Kong's market benchmark jumped 5.4%.
HarperCollins union begins strike, citing wages, diversity

HarperCollins union begins strike, citing wages, diversity

NEW YORK (AP) — Some 250 copy editors, marketing assistants and other employees at HarperCollins Publishers went on strike Thursday, with the two sides differing over wages and benefits, diversity policy and union protection.
Ontario Teachers' Pension Plan invested US$95M into failing crypto platform FTX

Ontario Teachers' Pension Plan invested US$95M into failing crypto platform FTX

The Ontario Teachers' Pension Plan says it invested US$95 million into failing cryptocurrency exchange platform FTX Trading.