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Bausch Health names hedge fund manager John Paulson as chairperson

Bausch Health names hedge fund manager John Paulson as chairperson

LAVAL, Que. — Bausch Health Companies Inc. says hedge fund manager John Paulson has been named chairperson of its board of directors, replacing Joseph Papa. Paulson is president and portfolio manager of Paulson & Co. Inc.
Ukrainian army to leave battered city to avoid encirclement

Ukrainian army to leave battered city to avoid encirclement

KYIV, Ukraine (AP) — After weeks of ferocious fighting , Ukrainian forces will retreat from a besieged city in the country's east to avoid encirclement, a regional governor said Friday.
EU leaders tackle inflation, energy shocks from Russia's war

EU leaders tackle inflation, energy shocks from Russia's war

BRUSSELS (AP) — A day after endorsing Ukraine's candidacy to join the European Union, the bloc's leaders turned their attention Friday to the severe economic turbulence looming over the coming months as the full impact of Russia’s war sinks in and th
Asian shares gain, tracking Wall Street advance

Asian shares gain, tracking Wall Street advance

BANGKOK (AP) — Shares were higher in Asia on Friday, tracking gains on Wall Street, where the market is headed for its first weekly gain after three weeks of punishing losses. Tokyo's Nikkei 225 index added 0.9% to 26,411.
Settlement of class action lawsuit increases BlackBerry Q1 net loss to US$181 million

Settlement of class action lawsuit increases BlackBerry Q1 net loss to US$181 million

WATERLOO, ONTARIO. — BlackBerry Ltd. says its net loss tripled in the first quarter to US$181 million primarily due to the settlement of a 2013 shareholder class action lawsuit over its BlackBerry 10 smartphones. The Waterloo, Ont.

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (18,717.12, down 286.92 points.) Suncor Energy Inc. (TSX:SU). Energy. Down $2.88, or 6.3 per cent, to $42.73 on 15.5 million shares.
CTA says total air travel complaints up last year on increased backlog

CTA says total air travel complaints up last year on increased backlog

OTTAWA — The Canadian Transportation Agency says the total number of complaints it faced about air travel rose last year, boosted by a backlog of issues carried over from the previous year.
CPP Investments looks global but no immediate plans to invest in Ukraine rebuild: CEO

CPP Investments looks global but no immediate plans to invest in Ukraine rebuild: CEO

TORONTO — Canada's largest pension fund manager says it will continue to look for investment opportunities around the world but has no current plans to help with Ukraine's eventual reconstruction once the war with Russia ends.
S&P/TSX composite loses close to 300 points; energy stocks in the red

S&P/TSX composite loses close to 300 points; energy stocks in the red

Canada's main stock index lost close to 300 points Thursday, with energy and mining stocks bearing the brunt of the impact as investors continue to worry about the possibility of a recession. The S&P/TSX composite index closed down 286.
European Union makes Ukraine a candidate for EU membership

European Union makes Ukraine a candidate for EU membership

BRUSSELS (AP) — The European Union agreed Thursday to put Ukraine on a path toward EU membership, acting with uncharacteristic speed and unity to pull the embattled country further away from Russia’s influence and bind it more closely to the West.