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Five things to watch for in the Canadian business world in the coming week

Five things to watch for in the Canadian business world in the coming week

TORONTO — Five things to watch for in the Canadian business world in the coming week: Markets It is the last full week of trading for 2023 on the Toronto Stock Exchange.
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Kuwait's ruling emir, Sheikh Nawaf Al Ahmad Al Sabah, dies at age 86

Kuwait's ruling emir, Sheikh Nawaf Al Ahmad Al Sabah, dies at age 86

DUBAI, United Arab Emirates (AP) — Sheikh Nawaf Al Ahmad Al Sabah, Kuwait’s ruling emir, died on Saturday after a three-year, low-key reign focused on trying to resolve the tiny, oil-rich nation's internal political disputes. He was 86.
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Cardinal is convicted of embezzlement in big Vatican financial trial, sentenced to 5½ years

Cardinal is convicted of embezzlement in big Vatican financial trial, sentenced to 5½ years

VATICAN CITY (AP) — A Vatican tribunal on Saturday convicted a cardinal of embezzlement and sentenced him to 5 1/2 years in prison in one of several verdicts handed down in a complicated financial trial that aired the city state’s dirty laundry and t
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Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (20,529.15, down 249.65 points): Manulife Financial Corp. (TSX:MFC). Finance. Down 40 cents, or 1.40 per cent, to $28.26 on 23.
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TSX falls almost 250 points as Wall Street closes 7th straight winning week

TSX falls almost 250 points as Wall Street closes 7th straight winning week

TORONTO — Canada's main stock index fell almost 250 points Friday, led by losses in energy and telecom stocks, while U.S. markets drifted to a mixed close. “It’s been a big week for U.S.
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Stock market today: Wall Street closes out its 7th straight weekly gain

Stock market today: Wall Street closes out its 7th straight weekly gain

NEW YORK (AP) — Wall Street closed out its longest weekly winning streak in six years after big gains earlier in the week on hopes for lower interest rates in the U.S. The S&P 500 ended an up-and-down day little changed Friday.
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Rogers reaches deal with rival carriers on TTC wireless access

Rogers reaches deal with rival carriers on TTC wireless access

TORONTO — After tense negotiations and public sparring throughout the year, Canada's major telecommunication carriers have reached a deal to offer wireless coverage on Toronto's subway system.
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US Treasury Department issues guidelines around a new tax credit for sustainable aviation fuel

US Treasury Department issues guidelines around a new tax credit for sustainable aviation fuel

The Biden administration released long-awaited guidance on Friday around tax credits for aviation fuel that reduces emissions of greenhouse gases compared with fuel made from crude oil.
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Macklem says 2024 likely to be ‘transition’ year as economy slows, inflation falls

Macklem says 2024 likely to be ‘transition’ year as economy slows, inflation falls

OTTAWA — Bank of Canada governor Tiff Macklem says he expects 2024 to be a transition year as higher interest rates slow down the economy, making way for lower inflation.
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Prince Harry claims vindication in court victory as judge finds British tabloid hacked his phone

Prince Harry claims vindication in court victory as judge finds British tabloid hacked his phone

LONDON (AP) — Prince Harry's phone was hacked by journalists and private investigators working for the Daily Mirror who invaded his privacy by snooping on him unlawfully, a judge ruled Friday, delivering an historic victory for the estranged royal wh
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