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Saudi oil giant Aramco unveils $1.5B sustainability fund

Saudi oil giant Aramco unveils $1.5B sustainability fund

Saudi oil and gas company Aramco unveiled a $1.5 billion fund on Wednesday for sustainable investments, part of efforts to burnish the state-owned company's green credentials in an announcement ahead of the U.N.
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Thai transgender activist buys Miss Universe for $20 million

Thai transgender activist buys Miss Universe for $20 million

BANGKOK (AP) — A Thai business tycoon and transgender activist has purchased the Miss Universe Organization for $20 million, her company announced Wednesday. Chakrapong “Anne” Chakrajutathib, who controls JKN Global Group Public Co. Ltd.
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Competition Bureau raises concerns about WestJet-Sunwing deal

Competition Bureau raises concerns about WestJet-Sunwing deal

OTTAWA — The federal Competition Bureau has raised significant concerns about WestJet Airlines Ltd.
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Renewing your mortgage as the Bank of Canada continues to hike interest rates

Renewing your mortgage as the Bank of Canada continues to hike interest rates

If your mortgage is up for renewalin the coming months, you may be beginning to panic at the prospect of paying more to finance your home as the Bank of Canada continues its interest rate hiking cycle.
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The Bank of Canada has raised rates again. Here's a timeline of how we got here

The Bank of Canada has raised rates again. Here's a timeline of how we got here

OTTAWA — The Bank of Canada hiked its key interest rate yet again on Wednesday morning, bringing it to 3.75 per cent and continuing one of the fastest monetary policy tightening cycles in its history amid warning signs of a potential recession.
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'Unvarnished' bio of Ray Dalio scheduled for next fall

'Unvarnished' bio of Ray Dalio scheduled for next fall

NEW YORK (AP) — An “unauthorized, unvarnished” biography of billionaire hedge-fund manager Ray Dalio will be published next fall, authored by a Wall Street Journal investigative reporter whom the Bridgewater Associates founder has called biased and d
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UK Treasury chief delays detailing new economic plans

UK Treasury chief delays detailing new economic plans

LONDON (AP) — U.K. Treasury chief Jeremy Hunt on Wednesday delayed his much-anticipated economic statement until Nov.
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Air Canada converts options for 15 Airbus A220-300 jets into firm orders

Air Canada converts options for 15 Airbus A220-300 jets into firm orders

MONTREAL — Air Canada says it has converted options for 15 Airbus A220-300 aircraft into firm orders. The airline says the move brings its total number of firm orders for the narrowbody aircraft that will be built in Montreal to 60.
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Investment boom coming for energy sector as 2050 looms, experts say

Investment boom coming for energy sector as 2050 looms, experts say

CALGARY — Canada's energy sector will be the recipient of a wave of public and private investment dollars in the coming decade, experts say, as the push to reach net-zero greenhouse gas emissions by 2050 gains momentum.
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Quebecor CEO agrees to industry minister's conditions around sale of Freedom Mobile

Quebecor CEO agrees to industry minister's conditions around sale of Freedom Mobile

MONTREAL — Quebecor Inc. CEO Pierre Karl Péladeau says he intends to accept the conditions laid out by Industry Minister François-Philippe Champagne around the sale of wireless carrier Freedom Mobile to Videotron Ltd.
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