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Australian central bank hikes rate for 1st time in 11 years

Australian central bank hikes rate for 1st time in 11 years

CANBERRA, Australia (AP) — Australia’s central bank on Tuesday lifted its benchmark interest rate for the first time in more than 11 years. The cash rate rose from 0.1% to 0.
Civilians rescued from Mariupol steel plant head for safety

Civilians rescued from Mariupol steel plant head for safety

ZAPORIZHZHIA, Ukraine (AP) — Russia resumed pulverizing the Mariupol steel mill that has become the last stronghold of resistance in the bombed-out city, Ukrainian fighters said Monday, after a brief cease-fire over the weekend allowed the first evac
TMX Group first-quarter profits, revenues get a lift from acquisitions

TMX Group first-quarter profits, revenues get a lift from acquisitions

TORONTO — TMX Group Ltd. says its profits and revenues increased in the first quarter despite elevated volatility and geopolitical events that affected equity trading in Canada and around the world.
MEG Energy has record quarter as high prices boost profits and revenues up 68%

MEG Energy has record quarter as high prices boost profits and revenues up 68%

CALGARY — MEG Energy Inc. says higher energy prices contributed to it earning a $362-million profit in its latest quarter as revenues surged 68 per cent. The Calgary-based oilsands developer says it earned $1.
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 Monday on the Toronto Stock Exchange: Toronto Stock Exchange (20,692.22, down 69.78 points.) Suncor Energy Inc. (TSX:SU). Energy. Up 24 cents, or 0.5 per cent, to $46.42 on 13.7 million shares.
Late rally prevents North American stock markets from poor start to May

Late rally prevents North American stock markets from poor start to May

TORONTO — A late rally prevented North American stock markets from getting off to the same dismal start in May that was endured in April.
Suncor's safety record in the spotlight as activist investor calls for change

Suncor's safety record in the spotlight as activist investor calls for change

CALGARY — A string of fatalities at Suncor Energy Inc. has caught the attention of investors who view workplace safety breaches as a warning sign of deeper problems within a company. In a letter to Suncor's board last week, U.S.
Amazon workers in NYC reject union in a reversal of fortune

Amazon workers in NYC reject union in a reversal of fortune

Amazon warehouse workers overwhelmingly rejected a union bid on Monday, dealing a blow to organizers who last month pulled off the first successful U.S. organizing effort in the retail giant’s history.
Alimentation Couche-Tard reportedly in talks to combine with U.K. retailing giant

Alimentation Couche-Tard reportedly in talks to combine with U.K. retailing giant

Alimentation Couche-Tard Inc. is reportedly exchanging proposals in a multibillion-dollar combination with a British retailing giant that would feed its growth ambitions.
Ontario auditor notes huge contingency funds, underestimated tax revenue in PC budget

Ontario auditor notes huge contingency funds, underestimated tax revenue in PC budget

TORONTO — Ontario's auditor general says the Progressive Conservative budget contains higher-than-usual contingency funds, which can be spent on "unplanned items," and underestimates corporate tax revenues for the next three years.
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