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UK economy shrinks 20% in a month to fall back to 2002 level

UK economy shrinks 20% in a month to fall back to 2002 level

LONDON — The British economy has seen nearly two decades worth of growth wiped out as a result of the lockdown measures put in place during the coronavirus pandemic.
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Fed: Will use 'full range of tools' to boost economy

Fed: Will use 'full range of tools' to boost economy

WASHINGTON — The Federal Reserve has promised to use its “full range of tools” to pull the country out of a deep recession caused by a global pandemic, signalling that it would keep interest rates low through 2022.
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Statistics Canada says key household debt ratio rose in the first quarter

Statistics Canada says key household debt ratio rose in the first quarter

OTTAWA — A key measure of household debt rose in the first quarter as the COVID-19 pandemic began to take hold of the economy, Statistics Canada said Friday.
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Roots reports Q1 loss due to pandemic-related supply chain issues, store closures

Roots reports Q1 loss due to pandemic-related supply chain issues, store closures

TORONTO — Roots Corp. reported a loss of $7.8 million in its latest quarter as the COVID-19 pandemic disrupted its supply chain in Asia and forced the temporary closure of its stores in North America.
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Mixed messages, looming deadlines: Small business faces troubling return to 'normal'

Mixed messages, looming deadlines: Small business faces troubling return to 'normal'

TORONTO — The co-owners of Coco Beauty Bar were ready to return to business once the Ontario government gave beauty salons a green light, but after seeing the strict COVID-19 restrictions required, they wonder if it's even worth the effort.
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Lululemon Q1 profit falls with many stores closed amid COVID-19 pandemic

Lululemon Q1 profit falls with many stores closed amid COVID-19 pandemic

VANCOUVER — Lululemon Athletica Inc.
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Court: Michigan Great Lakes tunnel deal constitutional

Court: Michigan Great Lakes tunnel deal constitutional

TRAVERSE CITY, Mich.
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Most actively traded companies on the TSX

Most actively traded companies on the TSX

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (15,050.92, down 650.41 points.) Canadian Natural Resources Ltd. (TSX:CNQ). Energy. Down $2.90, or 10.68 per cent, to $24.
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600,000 jobless claims filed in Tennessee during pandemic

600,000 jobless claims filed in Tennessee during pandemic

MEMPHIS, Tenn.
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North American stock markets plummet on fears that pandemic slump won't end soon

North American stock markets plummet on fears that pandemic slump won't end soon

TORONTO — Canada's main stock index followed other North American markets sharply lower on Thursday, extending its losses amid concerns about how quickly the economy can rebound from the COVID-19 pandemic.
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