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Government revision shows economy shrank 0.6% last quarter

Government revision shows economy shrank 0.6% last quarter

WASHINGTON (AP) — The U.S. economy shrank at a 0.6% annual rate from April through June, the government said Thursday in a slight upgrade from its initial estimate.
Aurora Cannabis buys controlling stake in Bevo Agtech

Aurora Cannabis buys controlling stake in Bevo Agtech

EDMONTON — Aurora Cannabis Inc. has signed a deal to buy a controlling interest in Bevo Agtech Inc., a supplier of vegetable seedlings and flowers. Under the deal, the cannabis company will acquire a 50.
S.Korea signs $2.25 billion deal with Russia nuclear company

S.Korea signs $2.25 billion deal with Russia nuclear company

SEOUL, South Korea (AP) — South Korea has signed a 3 trillion won ($2.25 billion) deal with a Russian state-run nuclear energy company to provide components for Egypt’s first nuclear power plant.
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 (20,021.38, up 36.03 points.) Suncor Energy Inc. (TSX:SU). Energy. Up 42 cents, or 0.95 per cent, to $44.85 on 13.4 million shares.
Paul Newman's daughters sue late actor's charity foundation

Paul Newman's daughters sue late actor's charity foundation

HARTFORD, Conn. (AP) — A new lawsuit has exposed a deep rift between two of Paul Newman's daughters and the late actor's charitable foundation funded by profits from the Newman's Own line of food and drink products.
Financial markets largely flat; all eyes on upcoming Jackson Hole conference

Financial markets largely flat; all eyes on upcoming Jackson Hole conference

North American stock markets were largely flat Wednesday as investors took a breather in advance of Friday's meeting of the U.S. Federal Reserve in Jackson Hole, Wyo. The S&P/TSX composite index was up 36.03 points at 20,021.38.
National Bank reports Q3 profit dips as it prepares for economic soft landing

National Bank reports Q3 profit dips as it prepares for economic soft landing

MONTREAL — National Bank of Canada's profits slipped from a year ago on higher provisions for credit loss, but third-quarter results were buffered by resilient trading revenue and higher net interest income.
Canada has short window to get ahead of U.S. hydrogen efforts, backer warns

Canada has short window to get ahead of U.S. hydrogen efforts, backer warns

OTTAWA — It is feasible to start exporting small shipments of Canadian-made hydrogen to Europe within three years but only if everyone moves quickly, the chairman of a company behind one of the biggest proposed green hydrogen projects in Atlantic Can
Germany-Canada hydrogen deal a 'shot in the arm' for nascent industry

Germany-Canada hydrogen deal a 'shot in the arm' for nascent industry

ST. JOHN'S, N.L. — The man behind a pitch to build a wind-powered hydrogen facility in western Newfoundland says a recent visit to the region from Canadian and German leaders signalled a big start for Atlantic Canada's hydrogen industry.
RBC reports Q3 profit down from year ago as it prepares for potential recession ahead

RBC reports Q3 profit down from year ago as it prepares for potential recession ahead

TORONTO — Rising interest rates gave a boost to RBC's earnings in the third quarter, but the benefits were outweighed by a significant pullback in capital markets and the deteriorating economic outlook that higher borrowing costs have also triggered.
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