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S&P/TSX composite rebounds while U.S. markets fall further a day after heavy losses

S&P/TSX composite rebounds while U.S. markets fall further a day after heavy losses

TORONTO — Volatility continued to grip North American stock markets as a rebound of the technology and base metals sectors supported a recovery in Canada but Wednesday's weakness in the U.S. continued.
Globalive signs network sharing deal with Telus, boosting Freedom offer

Globalive signs network sharing deal with Telus, boosting Freedom offer

TORONTO — Globalive Capital says it has signed a network and spectrum sharing agreement with Telus Corp., in an effort to boost its bid to purchase Freedom Mobile. Freedom is up for sale as a result of Rogers Communications Inc.
Nova Scotia's finance minister ruling out cut to gasoline taxes as prices rise

Nova Scotia's finance minister ruling out cut to gasoline taxes as prices rise

HALIFAX — Nova Scotia’s finance minister says that as gas and food prices continue to soar, the province is working on another targeted package of relief for those with lower incomes.
Ukrainian troops surrendering at Mariupol registered as POWs

Ukrainian troops surrendering at Mariupol registered as POWs

KYIV, Ukraine (AP) — Hundreds more Ukrainian fighters who made their stand inside Mariupol's bombed-out steel plant surrendered, bringing the total to over 1,700, Russia said Thursday, amid international fears the Kremlin will take reprisals against
Canada Goose Holdings reports $9.1 million Q4 loss, revenue up from year ago

Canada Goose Holdings reports $9.1 million Q4 loss, revenue up from year ago

Canada Goose Holdings Inc. recorded lower sales in Asia in its latest quarter amid renewed COVID-19 restrictions and widespread store closures in China. The luxury outdoor clothing company said sales in the Asia Pacific region were $70.
Lightspeed Commerce reports U$114.5M Q4 loss, revenue up from year ago

Lightspeed Commerce reports U$114.5M Q4 loss, revenue up from year ago

Lightspeed Commerce Inc. reported a loss of US$114.
Stocks slip on Wall Street, edge closer to bear market

Stocks slip on Wall Street, edge closer to bear market

NEW YORK (AP) — Stocks fell in morning trading on Wall Street Thursday, deepening a slump for major indexes as persistently high inflation continues to weigh on the economy.
Canadians rethink pandemic subscriptions amid return to favourite pastimes

Canadians rethink pandemic subscriptions amid return to favourite pastimes

TORONTO — Aretha Greatrix had to do a double take last month, when she got a text message and email thanking her for renewing her subscription to OutTV.
Home sales tumble again as mortgage rates surge

Home sales tumble again as mortgage rates surge

Sales of previously occupied U.S. homes slowed for the third consecutive month in April as mortgage rates surged, driving up borrowing costs for would-be buyers as home prices soared to new highs. Existing home sales fell 2.
McDonald's era in Russia coming to a close, restaurants sold

McDonald's era in Russia coming to a close, restaurants sold

McDonald’s has begun the sale of its restaurants in Russia 30 years after the burger chain became a powerful symbol of easing of Cold War tensions between the United States and Soviet Union.