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Trump seeks to force General Motors to produce ventilators
DETROIT — President Donald Trump issued an order Friday that seeks to force General Motors to produce ventilators for coronavirus patients under the Defence Production Act.
Mar 27, 2020 7:31 PM
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IMF head says global economy now in recession
WASHINGTON — The head of the International Monetary Fund said Friday it is clear that the global economy has now entered a recession that could be as bad or worse than the 2009 downturn.
Mar 27, 2020 4:52 PM
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Competition watchdog warns against Air Canada's proposed deal to buy Transat
MONTREAL — Air Canada's proposed acquisition of Transat AT Inc., which owns Air Transat, likely will hinder competition and result in less choice for Canadian travellers, the Competition Bureau says.
Mar 27, 2020 3:58 PM
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Most actively traded companies on the TSX
TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (12,687.74, down 683.43 points.) Aurora Cannabis Inc. (TSX:ACB). Health care. Up 20 cents, or 15.87 per cent, to $1.46 on 27.
Mar 27, 2020 3:55 PM
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Stock markets cap first winning week since February despite snapping rally
TORONTO — Canada's main stock index capped its first winning week since mid-February despite snapping a three-day rally as cases of COVID-19 continue to soar. The S&P/TSX composite index closed down 683.43 points, or 5.1 per cent, at 12,687.74.
Mar 27, 2020 3:34 PM
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Stocks drop, but hold on to weekly gains after a big rally
Wall Street closed lower Friday but still notched big gains for the week as investors held out hope that a $2 trillion rescue package will cushion businesses and households from the economic devastation being caused by the coronavirus.
Mar 27, 2020 3:23 PM
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Oil price crash expected to hit thermal oilsands production in Western Canada
CALGARY — Record low prices for oilsands crude could result in up to 20 per cent of Canada's thermal bitumen production being shut down over the next few months, according to analyst Matt Murphy of Tudor Pickering Holt & Co.
Mar 27, 2020 2:48 PM
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Web conferencing platforms at risk of being lure for phishing emails: consultant
TORONTO — With the use of web-based video conferences proliferating during the COVID-19 crisis, cyber security experts warn they pose a threat as well as an opportunity in the age of telework.
Mar 27, 2020 2:01 PM
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Indigo lays off 5,200 store employees effective Friday amid COVID-19 outbreak
TORONTO — Indigo Books & Music Inc. is laying off temporarily 5,200 of its retail employees starting today after deciding to keep its stores closed indefinitely during the COVID-19 outbreak.
Mar 27, 2020 12:37 PM
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What Trudeau is offering small businesses struggling amid COVID-19
TORONTO — Small and medium business owners and entrepreneurs got a boost from Prime Minister Justin Trudeau on Friday as he handed more out relief for companies grappling amid COVID-19.
Mar 27, 2020 11:08 AM
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