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Fed takes extra steps to sooth virus-rattled bond market
WASHINGTON — The Federal Reserve and the European Central Bank have taken large steps this week to try to calm financial markets and restore some degree of confidence. So far, it hasn't quite worked.
Mar 13, 2020 2:20 PM
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Spotty sick leave policies limit options for avoiding virus
LONDON — A barber in Beijing is supporting his wife and child by charging food and other expenses to a credit card while he waits for his employer's shop to reopen.
Mar 13, 2020 12:49 PM
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List of oil producers cutting budgets lengthens with Husky, ARC and more
CALGARY — Canada's oil and gas producers are continuing to cut billions of dollars from capital spending budgets and reduce payouts to investors in the wake of this week's sharp plunge in oil prices. Calgary-based ARC Resources Ltd.
Mar 13, 2020 11:51 AM
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Household debt-to-income rations lower in Q4: StatCan
OTTAWA — Statistics Canada says household debt as a percentage of disposable income edged down in the fourth quarter. The agency says Canadian households owed an average of $1.763 for every dollar of disposable income, down from the $1.
Mar 13, 2020 10:53 AM
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ARC Resources cuts capital budget for 2020, slashes dividend payment
CALGARY — ARC Resources Ltd. cut its capital budget and slashed its dividend to help deal with the plunge on commodity markets.
Mar 13, 2020 7:55 AM
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Stock markets recover after turbulent trading
BANGKOK — European stocks rose Friday and Wall Street was set to gain on the open after turbulent trading in Asia and a day after the market's worst session in over three decades. Shares rose in Paris and London but fell 6.
Mar 13, 2020 7:28 AM
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Coronavirus brings entertainment world to a standstill
NEW YORK — The entertainment industry prepared Thursday for an unprecedented shutdown to curb the spread of the coronavirus, cancelling upcoming movies, suspending all Broadway performances and scuttling concert tours until it's safe to welcome crowd
Mar 13, 2020 12:46 AM
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Businesses ramp up COVID-19 precautions amid workplace cases
TORONTO — Businesses are ramping up their efforts to stop the spread of the novel coronavirus after a string of cases cropped up at Canadian workplaces in recent days.
Mar 12, 2020 6:32 PM
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Bank of Canada pumps $7B, expands bond buy-backs to ease economic concerns
OTTAWA — The Bank of Canada says it is providing $7 billion to the country's banking system and expanding its bond buy-back program.
Mar 12, 2020 6:10 PM
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Broadway shuts its doors over ongoing coronavirus concerns
New York's governor ordered all Broadway theatres to shut their doors in the face of ongoing coronavirus concerns, plunging into darkness one of the city's most popular tourist attractions and causing turmoil in the run-up to the Tony Awards. Gov.
Mar 12, 2020 6:04 PM
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