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Empire to invest $2.1 billion over three years to expand, grow earnings

Empire to invest $2.1 billion over three years to expand, grow earnings

STELLARTON, N.S. — Empire Company Ltd. plans to spend $2.
June inflation rate turns positive amid early stages of economic reopening

June inflation rate turns positive amid early stages of economic reopening

OTTAWA — The country's inflation barometer turned positive last month after two months of deflation as the consumer price index increased by 0.7 per cent in June compared to a year earlier, Statistics Canada reported Wednesday.
CP Rail forecasts earnings growth despite drop in second-quarter profits

CP Rail forecasts earnings growth despite drop in second-quarter profits

Canadian Pacific Railway Ltd. is forecasting adjusted earnings growth in 2020 despite a sharp drop in profits in the second quarter.
2 more ex-Wirecard managers arrested, ex-CEO back in custody

2 more ex-Wirecard managers arrested, ex-CEO back in custody

BERLIN — Two more former executives at bankrupt German payment company Wirecard were arrested on Wednesday in the fraud scandal that brought down the one-time tech star and its former CEO was taken back into custody after the case against him was exp

Here's a list of June inflation rates for selected Canadian cities

OTTAWA — Canada's national annual inflation rate was 0.7 per cent in June, Statistics Canada says.

Here's a list of June inflation rates for Canadian provinces

OTTAWA — Canada's national annual inflation rate was 0.7 per cent in June, Statistics Canada says. Here's what happened in the provinces (previous month in brackets): — Newfoundland and Labrador: 0.1 per cent (-1.3) — Prince Edward Island: -0.
US sales of existing homes jump 20% after a 3-month slump

US sales of existing homes jump 20% after a 3-month slump

BALTIMORE — Americans stepped up their home purchases in June by a robust 20.7% after the pandemic had caused sales to crater in the prior three months.
Bombardier burns through less cash and obtains US$1B loan to operate during COVID

Bombardier burns through less cash and obtains US$1B loan to operate during COVID

MONTREAL — Bombardier Inc. says it has the liquidity to operate through the COVID-19 pandemic after using less cash in the second quarter and securing a loan of up to US$1 billion.
AP Exclusive: Aid from top donors drops even as need soars

AP Exclusive: Aid from top donors drops even as need soars

JOHANNESBURG — A new snapshot of the frantic global response to the coronavirus pandemic shows some of the world’s largest government donors of humanitarian aid are buckling under the strain: Funding commitments, for the virus and otherwise, have dro
US accuses Chinese hackers in targeting of COVID-19 research

US accuses Chinese hackers in targeting of COVID-19 research

WASHINGTON — Hackers working with the Chinese government targeted firms developing vaccines for the coronavirus and stole hundreds of millions of dollars worth of intellectual property and trade secrets from companies across the world, the Justice De