By Rod Nickel and Sourasis Bose (Reuters) -Canada’s Enbridge Inc said on Thursday it has reached a toll agreement with oil shippers for its Mainline crude pipeline system, one of North America[...]
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Canada
Shopify soars on return to core business, surprise profit
By Chavi Mehta (Reuters) – Shopify Inc on Thursday posted a surprise first-quarter profit and announced plans to lay off 20% of its staff while allaying investor concerns by exiting its logistic[...]
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Shopify divests logistics arm to Flexport in strategic reversal
By Krystal Hu (Reuters) – Shopify Inc has divested the logistics arm it built over the past few years, in a reversal of its strategy of aggressively investing in fulfillment networks, the Canadi[...]
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Dollar gains, euro dips after cautious ECB
By Karen Brettell NEW YORK (Reuters) – The dollar gained against the euro after the European Central Bank eased its pace of rate hikes, a day after the Federal Reserve hiked rates by 25 basis po[...]
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Google, Meta executives push back against Canada online news bill
By Sam Jabri-Pickett TORONTO (Reuters) -Google and Meta would withdraw access to news articles in Canada if legislation compelling internet companies to pay news publishers is passed, company executiv[...]
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Dollar holds losses after Fed hikes, signals pause
By Karen Brettell NEW YORK (Reuters) – The dollar fell on Wednesday after the Federal Reserve raised interest rates by a quarter of a percentage point and signaled it may pause further increases[...]
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Toronto home prices rise for third month in April
By Fergal Smith TORONTO (Reuters) – Greater Toronto Area (GTA) home prices increased in April from March as new listings posted a steep annual decline, adding to evidence that the housing market[...]
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Exclusive-Barrick not interested in bidding for Teck’s copper assets
By Divya Rajagopal TORONTO (Reuters) -Barrick Gold Corp is not interested in bidding for the copper assets of Teck Resources Ltd as there are few synergies between the companies, CEO Mark Bristow said[...]
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Global rate hike push slows to a trickle in April ahead of busy May
By Karin Strohecker and Vincent Flasseur LONDON (Reuters) – Interest rate hikes from central banks around the globe slowed to a trickle in April thanks to a combination of easing inflation and s[...]
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