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Brookfield Infrastructure says takeover target Inter Pipeline denying data access

Brookfield Infrastructure says takeover target Inter Pipeline denying data access

CALGARY — In the latest shot fired in the battle for Inter Pipeline Ltd., Brookfield Infrastructure Partners LP charges it hasn't been granted access to its target's data room despite its takeover offer made Feb.
Some restaurants voluntarily close during third wave to protect employees from COVID

Some restaurants voluntarily close during third wave to protect employees from COVID

The third wave of the pandemic has pushed some restaurants into taking an intentional break ahead of patio season while provinces remain under tight COVID-19 restrictions to keep the virus spread under control.
Teck Resources reports $305M Q1 profit, brighter outlook on 10-year high copper price

Teck Resources reports $305M Q1 profit, brighter outlook on 10-year high copper price

VANCOUVER — Copper prices that have surged to 10-year highs in recent days are driving potential partners to eagerly line up to help Teck Resources Ltd. fund its portfolio of eight proposed copper mining projects, CEO Don Lindsay said Wednesday.
Boeing posts 1Q loss, takes a hit on Air Force One work

Boeing posts 1Q loss, takes a hit on Air Force One work

Boeing Co. reported a wider than expected first-quarter loss on Wednesday and took another charge on its program to build two new Air Force One presidential planes after firing a contractor it hired to help perform the work.
Explainer: Capital gains tax hike targets wealthy investors

Explainer: Capital gains tax hike targets wealthy investors

NEW YORK — After massive U.S. government spending helped send the stock market back to record heights, with even more potentially on the way, the bill may be coming due for the nation's wealthiest investors.
Restructuring Deutsche Bank shows best quarter in 7 years

Restructuring Deutsche Bank shows best quarter in 7 years

FRANKFURT — Deutsche Bank saw its strongest quarterly profits in seven years as the bank's long-running restructuring achieved lower costs and as the bank suffered fewer loan losses in an economy that is rebounding from the worst of the pandemic rece
Statistics Canada says retail sales up 4.8 per cent in February

Statistics Canada says retail sales up 4.8 per cent in February

OTTAWA — Canadian retail sales climbed in February, boosted by sales at new car dealerships, gas stations and clothing stores, but economists cautioned the pandemic's third wave will again dent sales.
Facing $11B tax bill, Samsung heirs donate massive art trove

Facing $11B tax bill, Samsung heirs donate massive art trove

SEOUL, Korea, Republic Of — Samsung’s founding family will donate tens of thousands of rare artworks, including Picassos and Dalis, to help them pay a massive inheritance tax bill following last year’s death of company chairman Lee Kun-Hee.
EU lawmakers approve post-Brexit trade treaty

EU lawmakers approve post-Brexit trade treaty

BRUSSELS — European lawmakers have approved the final ratification of the post-Brexit trade deal between the European Union and the United Kingdom, nearly five years after Britain decided to leave the bloc.
India tops 200,000 dead as virus surge breaks health system

India tops 200,000 dead as virus surge breaks health system

NEW DELHI — India crossed a grim milestone Wednesday of 200,000 people lost to the coronavirus as a devastating surge of new infections tears through dense cities and rural areas alike and overwhelms health care systems on the brink of collapse.
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