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Malaysia ex-PM Muhyiddin charged with corruption, laundering
KUALA LUMPUR, Malaysia (AP) — Former Prime Minister Muhyiddin Yassin was charged Friday with corruption and money laundering, making him Malaysia's second ex-leader to be indicted after leaving office.
Mar 10, 2023 12:16 AM
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Split verdict for ex-Fox execs in soccer rights bribe case
NEW YORK (AP) — A former Fox executive was convicted Thursday of paying tens of millions of dollars in bribes to nab broadcasting rights to the World Cup and other top soccer matches. A second ex-executive was acquitted.
Mar 9, 2023 7:04 PM
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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 (20,086.72, down 259.81): Teck Resources Ltd. (TSX:TECK.B). Materials. Down $1.72, or 3.18 per cent, to $52.35 on 18.7 million shares.
Mar 9, 2023 5:31 PM
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Russian missile barrage slams into Ukrainian cities; 6 dead
KYIV, Ukraine (AP) — A barrage of more than 80 Russian missiles and a smaller number of exploding drones hit residential buildings and critical infrastructure across Ukraine on Thursday, killing six people and leaving hundreds of thousands without he
Mar 9, 2023 5:12 PM
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S&P/TSX composite falls more than 250 points Thursday, U.S. markets slide
TORONTO — Canada's main stock index fell more than one per cent Thursday with weakness in financials, industrials and telecom helping bring the market down. The S&P/TSX composite index was down 259.81 points at 20,086.72.
Mar 9, 2023 5:11 PM
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Transat CEO says travel demand nearly on par with 2019 despite higher prices
MONTREAL — The head of Transat AT Inc. says travel demand is poised to reach heights comparable with 2019, even as higher airfares and the threat of recession risk dampening customers' enthusiasm.
Mar 9, 2023 4:30 PM
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WSP CEO 'absolutely' sees company in same league as McKinsey as growth spree persists
MONTREAL — The head of WSP Global Inc. says it aims to keep growing apace following the latest spate of acquisitions, as he looks to vault it into the same competitive arena as the world's largest professional services firms.
Mar 9, 2023 4:29 PM
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Deepening worries about high rates send Wall Street lower
NEW YORK (AP) — Stocks sank broadly on Wall Street, worsening their losses for the week, as markets remain anxious about the prospect of more aggressive action by the Federal Reserve to fight inflation with higher interest rates.
Mar 9, 2023 4:07 PM
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As Fed looks to hike interest rates higher, Rogers says BoC can carve its own path
OTTAWA — Canada faces its own set of economic challenges and its central bank is setting interest rates accordingly, Carolyn Rogers said as the Bank of Canada and U.S. Federal Reserve appear to be charting different paths.
Mar 9, 2023 4:07 PM
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Credit card debt up 15 per cent in Q4, younger Canadians feel hardest pinch: Equifax
TORONTO — Canadian credit card debt soared in the last three months of 2022 amid rising interest rates and stubbornly high inflation with younger Canadians in particular relying on credit to make ends meet.
Mar 9, 2023 3:02 PM
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