October 19th, 2019

Business

Barrick Gold says production trending toward upper end of guidance

By The Canadian Press on October 17th, 2019

TORONTO – Barrick Gold Corp. says its full-year production is trending towards the upper end of its guidance for 5.1 million to 5.6 million ounces. The gold miner says preliminary third quarter sales amounted to 1.32 million ounces of gold and 64 million pounds of copper, while preliminary production figures for the quarter totalled 1.31 ... Read More »

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UK, EU reach tentative Brexit deal; still needs ratification

By Raf Casert And Jill Lawless, The Associated Press on October 17th, 2019

BRUSSELS – Britain and the European Union finally reached a new tentative Brexit deal on Thursday, hoping to escape the acrimony, divisions and frustration of their three-year divorce battle. British Prime Minister Boris Johnson now faces the Herculean task of selling the accord to his recalcitrant parliament – including his allies in Northern Ireland. Only ... Read More »

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UK and EU reach Brexit deal; still needs ratification

By Raf Casert And Jill Lawless, The Associated Press on October 17th, 2019

BRUSSELS – Britain and the European Union said Thursday that they have struck an outline Brexit deal after days of intense see-saw negotiations – though it must still be formally approved by the bloc and ratified by the European and U.K. Parliaments. Hours before a summit of all 28 EU national leaders, European Commission President ... Read More »

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Molson Coors, Hexo to launch CBD-infused water, THC drinks later this year

By Armina Ligaya, The Canadian Press on October 17th, 2019

TORONTO – The joint venture between beer giant Molson Coors and pot producer Hexo Corp. says its portfolio of pot-based drinks set to hit the market later this year includes a CBD-infused spring water as well as beverages containing THC. The announcement by Truss Beverage Co. comes one week after its competitor Fluent Beverage Co. ... Read More »

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High anxiety in Brussels: Will Brexit deal be clinched?

By The Associated Press on October 16th, 2019

BRUSSELS – British Prime Minister Boris Johnson and his 27 counterparts from across the European Union are converging on Brussels for a summit they hope will finally lay to rest the acrimony and frustration of a three-year divorce fight. Yet high anxiety still reigned on Thursday morning with the last outstanding issues of the divorce ... Read More »

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Chicago teachers to strike in nation’s 3rd largest district

By Kathleen Foody And Don Babwin, The Associated Press on October 16th, 2019

Chicago parents and community groups are scrambling to prepare for a massive teachers’ strike set to begin Thursday, prompting the city to preemptively cancel classes in the nation’s third-largest school district. The Chicago Teachers Union confirmed Wednesday night that its 25,000 members would not return to their classrooms Thursday after months of negotiation between the ... Read More »

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Fed survey finds US economy being hurt by trade battles

By Martin Crutsinger, The Associated Press on October 16th, 2019

WASHINGTON – The U.S. economy expanded at a modest pace in September and into October, despite rising trade tensions and weaker global growth that hampered manufacturing, and adverse weather hitting farmers. In its latest assessment of business conditions around the country, the Federal Reserve reported Wednesday that “persistent trade tensions and slower global growth” were ... Read More »

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A&W reports slower sales growth while net income falls short of expectations

By Aleksandra Sagan, The Canadian Press on October 16th, 2019

VANCOUVER – A&W Revenue Royalties Income Fund saw sales growth slip in its most recent quarter, following a record performance in the same quarter last year. Same-store sales, a key retail metric, grew 1.2 per cent for the third quarter ended Sept. 8, the fund reported Wednesday. That comes after a 13 per cent jump ... Read More »

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Beef recall expands as Toronto slaughterhouse co-operates with food watchdog

By Cassandra Szklarski, The Canadian Press on October 16th, 2019

A large recall of raw beef and veal products continued to expand this week with Canada’s food watchdog issuing safety warnings about dozens of items sold at restaurants and retail outlets including Walmart and the gourmet food chain Pusateri’s. The Canadian Food Inspection Agency said its investigation continues into the Toronto-based slaughterhouse Ryding-Regency Meat Packers ... Read More »

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Air Canada scrubs 737 Max from schedule until Feb. 14 amid lingering uncertainty

By Christopher Reynolds, The Canadian Press on October 16th, 2019

Air Canada will keep the Boeing 737 Max off its flying schedule until Feb. 14, citing “regulatory uncertainty” nearly a year after authorities across the globe banned the plane from the skies following two fatal crashes in five months. The country’s biggest airline had earlier scrubbed the 24 jetliners from schedules until Jan. 8. For ... Read More »

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Brexit talks inch closer to a deal ahead of summit

By Raf Casert And Jill Lawless, The Associated Press on October 16th, 2019

BRUSSELS – The European Union and Britain inched ever closer to a Brexit deal, with the leaders of France and Germany saying they expected an agreement could be sealed at Thursday’s EU summit. Positive vibes radiated from French President Emmanuel Macron and German Chancellor Angela Merkel at a joint news conference Wednesday in Toulouse, France, ... Read More »

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