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Indonesia lifts ban on cooking oil export as supply improves
JAKARTA, Indonesia (AP) — Indonesia said Thursday it will lift a monthlong ban on palm oil export, citing improvements in the supply and domestic price of bulk cooking oil. President Joko Widodo said exports will resume on Monday.
May 19, 2022 8:09 AM
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ATS Automation Tooling Systems reports Q4 profit and revenue up
CAMBRIDGE, ONT. — ATS Automation Tooling Systems Inc. reported a quarterly profit of $39.9 million, up from $23.8 million a year earlier, as its revenue rose 50 per cent.
May 19, 2022 6:35 AM
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Asian shares track Wall Street's inflation-fueled retreat
TOKYO (AP) — Shares dropped sharply in Asia on Thursday after a broad retreat on Wall Street triggered by dismal results from major retailer Target that renewed worries over the impact of high inflation.
May 18, 2022 10:37 PM
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Interrogation, uncertainty for surrendering Mariupol troops
KYIV, Ukraine (AP) — Nearly 1,000 last-ditch Ukrainian fighters who had held out inside Mariupol's pulverized steel plant have surrendered, Russia said Wednesday, as the battle that turned the city into a worldwide symbol of defiance and suffering dr
May 18, 2022 10:22 PM
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BlackBerry forecasting annual revenues nearly doubling in five years
WATERLOO, ONTARIO — BlackBerry Ltd. is forecasting that revenues will nearly double over the next five years with growth from internet of things (IoT) outpacing cybersecurity. The Waterloo, Ont.-based company, which reports in U.S.
May 18, 2022 7:12 PM
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China lifts restrictions on Canadian canola: Ottawa announces
OTTAWA — A three-year Chinese ban on Canadian canola has come to an end, according to the federal government.
May 18, 2022 6:46 PM
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Experts see parallels between 1970s inflation crisis and today
CALGARY — Winnipeg's Barry Prentice was in his 20s when the spiralling inflation of the 1970s followed by double-digit interest rates in the early 1980s put home ownership completely out of reach for him and many of his friends.
May 18, 2022 5:23 PM
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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 (20,101.38, down 389.63 points.) Manulife Financial Corp. (TSX:MFC). Financials. Down 31 cents, or 1.3 per cent, to $22.73 on 22.
May 18, 2022 5:21 PM
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Sea of red takes over North American stock markets on negative sentiment
TORONTO — A sea of red swamped North American stock markets midweek as higher-than-expected inflation in Canada and cost pressures on large U.S. retailers soured sentiment and drove Canada's main stock index down by nearly 400 points.
May 18, 2022 5:07 PM
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Big dreams for new Warner Bros. Discovery in ad presentation
In what was essentially a public debut on Wednesday, leaders of the new Warner Bros. Discovery portrayed the media giant as effectively a fifth U.S. broadcast television network, with even bigger aspirations.
May 18, 2022 3:59 PM
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