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National Business
Pfizer signs deal to buy Trillium Therapeutics for US$2.26 billion
TORONTO — Trillium Therapeutics Inc. has signed a deal to be bought by Pfizer Inc. in an agreement valued at US$2.26 billion. Under the plan, Pfizer will pay US$18.50 per share in cash for the Mississauga, Ont.--based biotechnology company..
Aug 23, 2021 10:57 AM
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Ontario Teachers' pension fund posts 3.8% return for first half of 2021
TORONTO — The Ontario Teachers' Pension Plan Board says the fund earned a total net return of 3.8 per cent in the first half of this year. The board says the return came as its assets grew to $227.
Aug 23, 2021 10:39 AM
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China's Weibo shuts accounts defending Kris Wu allegations
BEIJING (AP) — China’s microblogging platform Sina Weibo on Monday closed 145 accounts, some of which had defended pop star Kris Wu over his rape allegations, for publishing what it called “information harmful for maintaining social order.
Aug 23, 2021 9:32 AM
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Rogers Sugar names Mike Walton as next CEO, John Holliday to retire
MONTREAL — Rogers Sugar Inc. says Mike Walton has been named president and chief executive of Rogers Sugar and Lantic Inc., effective Oct. 4.
Aug 23, 2021 9:01 AM
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Pandemic fiction: Fall books include stories of the virus
NEW YORK (AP) — Near the end of 2020, the pandemic had lasted long enough for author Jodi Picoult to try something that seemed unthinkable for novelists in its early stages — turn it into fiction.
Aug 22, 2021 1:50 PM
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Tropical Storm Henri makes landfall in Rhode Island
WESTERLY, R.I. (AP) — Tropical Storm Henri hit the coast of Rhode Island Sunday afternoon, packing high winds that knocked out power to tens of thousands of homes and bands of rain that led to flash flooding from New Jersey to Massachusetts.
Aug 22, 2021 12:49 PM
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New Orleans tourism industry worries as coronavirus rages
NEW ORLEANS (AP) — It's a neighborhood bar and restaurant, but for two extended weekends every year, the “regulars” at Liuzza's by the Track include an overflow crowd of tourists grabbing drinks and settling in for meals on their way in and out of th
Aug 22, 2021 11:54 AM
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Insurance industry seeks to limit fossil fuel exposure amid growing climate threat
CALGARY — With global climate change threatening to wreak havoc on their industry, insurance companies are increasingly looking to limit their exposure to the fossil fuel sector.
Aug 22, 2021 10:05 AM
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Five things to watch for in the Canadian business world in the coming week
TORONTO — Five things to watch for in the Canadian business world in the coming week: Debt report: Statistics Canada is set to release a report on trends in household non-mortgage loans and the evolution of household debt before and during the pandem
Aug 22, 2021 10:00 AM
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Big Canadian banks set to release earnings as economy shifts to reopening
TORONTO — Investors in Canada's major banks will be looking for signs of loan growth, impacts of the Delta variant and hints of what the Big Six may do with their cash reserves when they report this week.
Aug 22, 2021 10:00 AM
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