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Mozambique’s ex-finance minister gets another 2.5 years behind bars in ‘tuna bonds’ corruption case

Mozambique’s ex-finance minister gets another 2.5 years behind bars in ‘tuna bonds’ corruption case

NEW YORK (AP) — Mozambique’s former finance minister has been sentenced to serve another two-and-a-half years in prison by a U.S. court for his role in the “ tuna bond ” scandal that triggered a financial crisis in the African nation.
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Hudson's Bay lays off 41 staff while citing 'challenging headwinds'

Hudson's Bay lays off 41 staff while citing 'challenging headwinds'

TORONTO — Hudson's Bay says it has laid off 41 staff as it revamps the retailer's structure.
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Ozempic, Wegovy and other drugs are among 15 selected for Medicare's price negotiations

Ozempic, Wegovy and other drugs are among 15 selected for Medicare's price negotiations

WASHINGTON (AP) — Popular weight loss and diabetes drugs like Ozempic and Wegovy have been added to Medicare’s list of medications that will be negotiated directly between the government and drug manufacturers, the Biden administration said Friday.
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Supreme Court upholds law banning TikTok if it's not sold by its Chinese parent company

Supreme Court upholds law banning TikTok if it's not sold by its Chinese parent company

WASHINGTON (AP) — The Supreme Court on Friday unanimously upheld the federal law banning TikTok beginning Sunday unless it's sold by its China-based parent company,holding that the risk to national security posed by its ties to China overcomes concer
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Ozempic, Wegovy and other new drugs are selected for Medicare's price negotiations

Ozempic, Wegovy and other new drugs are selected for Medicare's price negotiations

WASHINGTON (AP) — Popular weight loss drugs like Ozempic and Wegovy have been added to Medicare’s list of medications that will be negotiated directly between the government and drug manufacturers, the Biden administration said Friday.
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Restaurants want GST holiday to be permanent, even if some didn't see benefits

Restaurants want GST holiday to be permanent, even if some didn't see benefits

TORONTO — Members of the restaurant industry are calling on the federal government to make the GST holiday permanent, even though some businesses have yet to see much impact from the tax break.
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Lithuania vows to boost defense spending to 5-6% of GDP because of threat of Russian aggression

Lithuania vows to boost defense spending to 5-6% of GDP because of threat of Russian aggression

VILNIUS, Lithuania (AP) — Lithuania has decided to raise its spending on defense to between 5% and 6% of overall national economic output starting in 2026 due to the threat of Russian aggression in the region, Lithuanian President Gitanas Nausėda sai
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Lithuania pledges to spend between 5% and 6% of its GDP on defense starting in 2026

Lithuania pledges to spend between 5% and 6% of its GDP on defense starting in 2026

VILNIUS, Lithuania (AP) — Lithuania has decided to raise its spending on defense to between 5 and 6% of overall national economic output starting in 2026, Lithuanian President Gitanas Nausėda said Friday.
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Tech firms look to Europe for direction after prorogation wipes parliamentary bills

Tech firms look to Europe for direction after prorogation wipes parliamentary bills

TORONTO — Canadian tech companies say they are patching together their own standards, mostly borrowed from European laws, to guide them through the limbo of prorogation.
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U.S. tariffs could become catalyst to bolster Canadian food supply chains: experts

U.S. tariffs could become catalyst to bolster Canadian food supply chains: experts

Experts say U.S. tariffs on Canadian goods could accelerate a push to ramp up domestic food processing and manufacturing, even as some companies consider moving operations south.
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