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National Business
Spin Master lowers guidance as toy sales soften, consumers pull back on spending
TORONTO — Toymaker Spin Master Corp.'s revenue and profit slipped in its latest quarter as price sensitive consumers pulled back on spending. The Toronto-based children's entertainment company says it earned US$141.
Nov 3, 2022 3:56 PM
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Bombardier says it's prepared for unstable market ahead, reports US$27M Q3 profit
MONTREAL — Bombardier Inc. says it is prepared for an unstable market ahead as the aircraft manufacturer reported a third-quarter profit compared with a loss a year earlier.
Nov 3, 2022 2:47 PM
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Fertilizer giant Nutrien sticking to plan to boost production; potash sales slump
CALGARY — Nutrien Ltd. is sticking to its plan to increase potash production, even as the Saskatoon-based fertilizer giant cut its full-year guidance for 2022 due to slumping potash sales volumes in the second half of this year.
Nov 3, 2022 2:21 PM
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Twitter's blue check: Vital verification or status symbol?
The story of Twitter's blue checkmarks — a simple verification system that's come to be viewed as an elite status symbol — began with some high-profile impersonations, just as the site began taking off in 2008 and '09.
Nov 3, 2022 2:12 PM
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Hezbollah, Iranian oil smuggling network hit with sanctions
WASHINGTON (AP) — The U.S. on Thursday imposed sanctions on a group of individuals, firms and vessels connected to an oil smuggling outfit said to benefit the Lebanese militant group Hezbollah and Iran's Revolutionary Guard.
Nov 3, 2022 2:11 PM
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Europe urged to save natural gas to avoid shortage next year
FRANKFURT, Germany (AP) — Europe could face a severe natural gas shortage next year and needs to act now to reduce use, the International Energy Agency said in a report Thursday, warning against complacency in an energy crisis triggered by Russia's w
Nov 3, 2022 2:09 PM
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Restaurant Brands reports Q3 profit and revenue up despite 'macroeconomic pressures'
Tim Hortons' parent company recorded higher sales and profit in its most recent quarter despite "macroeconomic pressures" weighing on the restaurant industry. Restaurant Brands International Inc.
Nov 3, 2022 2:00 PM
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Toronto Pearson announces new program to curb security stalls ahead of travel surge
TORONTO — Canada's busiest airport says it will offer passengers a way to bypass long security lineups as it looks ahead to a winter travel surge and tries to avoid a repeat of the travel chaos seen earlier this year.
Nov 3, 2022 1:52 PM
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Bank of England makes biggest interest rate hike in 30 years
LONDON (AP) — The Bank of England rolled out its biggest interest rate increase in three decades Thursday, saying the move was needed to beat back stubbornly high inflation that is eroding living standards and is likely to trigger a “prolonged” reces
Nov 3, 2022 1:51 PM
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Suncor reducing contractor work force by 20 per cent to improve safety, efficiency
CALGARY — Suncor Energy Inc. is reducing the size of its contractor work force by 20 per cent as part of its effort to improve safety and performance at its oilsands operations.
Nov 3, 2022 12:55 PM
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