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Canadian aerospace industry earned highest profits last year since 2001: Report
Canada's aerospace manufacturers had their highest pre-tax profits since 2001 last year as the lower Canadian dollar helped the export-oriented sector overcome a "disappointing global economy," according to the Conference Board of Canada.
Posted on 6-28-2016 at 10:44 AM
Conrad Black withdraws request for tax hearing on sale of Toronto home
The Federal Court says former media baron Conrad Black has withdrawn his request for an emergency hearing related to tax liens that have been placed on his Toronto home.
Posted on 6-28-2016 at 10:34 AM
Intertain Group hires new CEO, chair as strategic review navigates Brexit storm
Intertain Group Ltd. says it has hired a new chief executive to oversee the online bingo company as it works on a plan to shift its corporate home to the United Kingdom from Toronto.
Posted on 6-28-2016 at 10:31 AM
Pfizer to invest US$350 million in China biotech hub, first in Asia
Pfizer will invest US$350 million to build a biotech center in China, the latest in a series of moves by pharma industry giants to set up shop in the world's no. 2 drugs market with the aim of securing faster approvals for their products.
Posted on 6-28-2016 at 9:29 AM
U.S. first quarter GDP rises 1.1%, but consumer spending growth weakens
U.S. economic growth slowed in the first quarter but not as sharply as previously estimated, with gains in exports and investment in software partially offsetting weak consumer spending.
Posted on 6-28-2016 at 8:49 AM
Rogers shakes up Hockey Night in Canada, with several job cuts and Ron MacLean's return
In September 2014, Rogers Media held a three-day seminar for the staff of its new NHL broadcasts at Toronto’s exclusive Shangri-La Hotel. It was followed by a lavish party at the equally posh Ritz-Carlton.
Posted on 6-28-2016 at 1:00 AM
Oil rebounds on post-Brexit bargain hunting, Norway strike
Oil prices rose 2 per cent on Tuesday with investors taking advantage to buy back into the market after a two-day rout triggered by Britain's vote to leave the European Union.
Posted on 6-28-2016 at 1:37 PM
Dow Chemical to cut 2,500 jobs as part of Dow Corning deal
Dow Chemical Co said it would lay off about 2,500 employees globally, or about 4 percent of its workforce, as part of a deal to assume full control of Dow Corning, which was a joint venture with Gorilla glass maker Corning Inc.
Posted on 6-28-2016 at 8:13 AM

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