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Every song he made: Sting sells music catalog to Universal

Every song he made: Sting sells music catalog to Universal

Sting is selling his music catalog, including hits he made with the Police and as a solo artist, joining a chorus of stars who are cashing in with investors who see value in licensing their songs.
Indigo earns $45.1M as sales improve in Q3, despite Omicron hit

Indigo earns $45.1M as sales improve in Q3, despite Omicron hit

TORONTO — Indigo Books and Music Inc. says it earned $45.1 million in the third quarter of its 2022 fiscal year, even as Omicron took a bite out of the critical Christmas shopping season. The Toronto-based retailer says it earned $1.
Aurora Cannabis reports $75.1M Q2 loss as revenues fall by 10 per cent

Aurora Cannabis reports $75.1M Q2 loss as revenues fall by 10 per cent

The chief executive of Aurora Cannabis Inc. trumpeted international medical pot markets as his company's key to future growth as it reported a $75.1-million loss in its most recent quarter.
CPPIB commits to net-zero portfolio by 2050 but says no blanket divestment

CPPIB commits to net-zero portfolio by 2050 but says no blanket divestment

TORONTO — The fund manager for the Canada Pension Plan has committed to make its portfolio net zero by 2050 but said it would not be making any blanket divestments.
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 Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (21,531.72, down 72.47 points.) Manulife Financial Corp. (TSX:MFC). Financials. Up 99 cents, or 3.7 per cent, to $27.89 on 39.
S&P/TSX composite ends on a down note over rate hike fears

S&P/TSX composite ends on a down note over rate hike fears

Canada's main stock index closed on a downward note after higher-than-expected inflation numbers south of the border appeared to increase the likelihood of an aggressive rate hike next month by the U.S. Federal Reserve.
Canadian insurers see growth potential in Asian markets as middle class grows

Canadian insurers see growth potential in Asian markets as middle class grows

TORONTO — Canadian insurers Manulife Financial Corp. and Sun Life Financial Inc. said Thursday that they see significant potential for Asian markets as the region's middle class continues to grow.
Yukon slowly lifts COVID-19 restrictions despite pressure brought on by protests

Yukon slowly lifts COVID-19 restrictions despite pressure brought on by protests

WHITEHORSE — Yukon's acting chief medical officer of health says the territory will continue to gradually lift COVID-19 restrictions despite political pressure brought on by protests and blockades in other parts of the country. Dr.
Precision Drilling says higher oil prices working to its benefit as business picks up

Precision Drilling says higher oil prices working to its benefit as business picks up

CALGARY — The head of Precision Drilling Corp. says higher oil and gas prices are boosting business, as the company works to reduce debt and climb back into the black after its 11th straight quarter of net losses.
Doctors and tourism industry calling on Ottawa to end COVID-19 testing requirements

Doctors and tourism industry calling on Ottawa to end COVID-19 testing requirements

MISSISSAUGA, Ont. — The Canadian Travel and Tourism Roundtable is joining a group of doctors to demand the federal government end all COVID-19 testing requirements for passengers.