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Potential China EV tariffs welcomed by GM Canada as BYD looks to enter market

Potential China EV tariffs welcomed by GM Canada as BYD looks to enter market

The potential of tariffs on Chinese electric vehicle imports is being welcomed by the Canadian head of General Motors as major producer BYD looks to enter the market.
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Saudi Arabia's Aramco reports lower half-year profits as economic worries dampen energy prices

Saudi Arabia's Aramco reports lower half-year profits as economic worries dampen energy prices

DUBAI, United Arab Emirates (AP) — Saudi oil giant Aramco reported half-year profits Tuesday of $56.3 billion, down from the year before due to weakening volumes sold amid worries about the global economy.
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Japan's share benchmark soars nearly 11% a day after massive sell-offs that shook Wall Street

Japan's share benchmark soars nearly 11% a day after massive sell-offs that shook Wall Street

NEW YORK (AP) — Japan’s benchmark Nikkei 225 index soared nearly 11% early Tuesday, a day after it set markets tumbling in Europe and on Wall Street.
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‘Nothing moves’: Uncertainty hangs over shippers as potential rail strike looms

‘Nothing moves’: Uncertainty hangs over shippers as potential rail strike looms

MONTREAL — Shippers and producers held their breath ahead of a possible strike by thousands of railworkers this month that would halt freight traffic, clog ports and disrupt industries.
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Nuvei to buy Brazil-based Pay2All as Canadian fintech firm expands its reach

Nuvei to buy Brazil-based Pay2All as Canadian fintech firm expands its reach

MONTREAL — Nuvei Corp. says it has secured a deal to buy Brazilian payments institution Pay2All. The Montreal-based payment technology firm says the agreement would expand its reach in Brazil and the broader Latin American market.
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Google illegally maintains monopoly over internet search, judge rules

Google illegally maintains monopoly over internet search, judge rules

WASHINGTON (AP) — A judge on Monday ruled that Google's ubiquitous search engine has been illegally exploiting its dominance to squash competition and stifle innovation in a seismic decision that could shake up the internet and hobble one of the worl
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Japan's Nikkei 225 stock index plunges 12.4% as investors dump a wide range of shares

Japan's Nikkei 225 stock index plunges 12.4% as investors dump a wide range of shares

TOKYO (AP) — Japan’s Nikkei 225 stock index plunged more than 12% on Monday as investors worried that the U.S. economy may be in worse shape than had been expected and dumped a wide range of shares. The Nikkei index fell 4,451.28 points to 31,458.42.
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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: Toronto home sales The Toronto Regional Real Estate Board will release its July home sales figures on Tuesday. Sales declined 16.
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How modular housing could speed up construction of much-needed homes

How modular housing could speed up construction of much-needed homes

For a country with such a severe shortage of housing, the way Canada builds homes hasn't changed that much since the country was founded.
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Postmedia offers to purchase Atlantic Canada's largest newspaper chain for $1 million

Postmedia offers to purchase Atlantic Canada's largest newspaper chain for $1 million

HALIFAX — Toronto-based Postmedia Network Inc. has offered to purchase Atlantic Canada’s largest newspaper chain for $1 million, according to a newly released monitor’s report. The offer is being recommended by KSV Restructuring Inc.
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