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Statistics Canada says retail sales rose 2.2 per cent to $62.2 billion in May

Statistics Canada says retail sales rose 2.2 per cent to $62.2 billion in May

OTTAWA — Statistics Canada says retail sales rose 2.2 per cent to $62.2 billion in May, led higher by sales at new car dealers and gas stations. The agency says the increase came as sales rose in eight of the 11 subsectors it tracks.
German government agrees on bailout for energy supplier

German government agrees on bailout for energy supplier

BERLIN (AP) — The German government will take a roughly 30% stake in energy supplier Uniper as part of a rescue package following surging prices for natural gas and reduced Russian deliveries, the company said Friday.
Rajapaksa ally named PM in Sri Lanka as protest site cleared

Rajapaksa ally named PM in Sri Lanka as protest site cleared

COLOMBO, Sri Lanka (AP) — An ally of the Rajapaksa political family was appointed Friday as Sri Lanka's prime minister, hours after security forces cleared the main protest site occupied for months by demonstrators angry at the Rajapaksas over the co
Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (19,062.85, up 42.18 points.) Royal Bank of Canada (TSX:RY). Financials. Up 38 cents, or 0.3 per cent, to $124.08 on 9.4 million shares.
Italy heads to early election after Draghi's coalition fails

Italy heads to early election after Draghi's coalition fails

ROME (AP) — Italy is headed for an early election after its president accepted Premier Mario Draghi's resignation Thursday and decided there was no possibility for cobbling together another government following the rapid collapse of the ruling coalit
Sri Lanka's newly elected president sworn into office

Sri Lanka's newly elected president sworn into office

COLOMBO, Sri Lanka (AP) — Veteran politician Ranil Wickremesinghe was sworn in as Sri Lanka's new president Thursday to take charge of a nation bitterly angry that he will remain in power amid an unprecedented economic crisis.
S&P/TSX composite bounces back after early pressure from lower oil prices

S&P/TSX composite bounces back after early pressure from lower oil prices

TORONTO — North American stock markets continued their July recoveries despite early pressure Thursday from lower crude oil prices and Europe's central bank raising interest rates for the first time in 11 years.
FBI: No sign of Jimmy Hoffa under New Jersey bridge

FBI: No sign of Jimmy Hoffa under New Jersey bridge

DETROIT (AP) — The FBI found no evidence of missing Teamsters boss Jimmy Hoffa during a search of land under a New Jersey bridge, a spokeswoman said Thursday.
Stocks end higher as Wall Street's winning week rolls on

Stocks end higher as Wall Street's winning week rolls on

NEW YORK — Stocks ended higher on Wall Street Thursday, building on their winning week. The gains came amid a deluge of news about the economy, interest rates and corporate profits.
You need an income of over $220K to buy a home in Toronto, Vancouver, new data shows

You need an income of over $220K to buy a home in Toronto, Vancouver, new data shows

You'll need to be making more than $220,000 to buy a home in Toronto and Vancouver with a 20 per cent down payment, according to new data from Ratehub.ca.
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