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BNN Bloomberg Picks
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5:33
After months of negotiations, Loblaw agrees to sign grocery code of conduct
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7:37
TD, RBC data point to slowing household spending in Canada
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5:00
Canadian banks directed over US$100 billion to oil and gas last year: report
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6:43
Copper's costly climb: How supply shortages are shaping the market
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3:12
Kevin O'Leary shares financial advice on Morning Markets
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7:36
Bank of Canada says households can cope with higher rates
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May 17
Tech entrepreneurs are packing up and leaving Canada following the proposed capital gains tax increase from the Feds, says former Wattpad CEO Allen Lau.
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5h ago
4:21Lowe's sales beat estimates with boost from pro contractors
Lowe’s Cos. reported comparable sales for the first quarter that beat the average analyst estimate, a sign that the company is making inroads with professional contractors despite a weak U.S. housing market.
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7h ago
6:55Apple fights €1.8 billion EU antitrust fine for curbs on Spotify
Apple Inc. is challenging a €1.8 billion (US$1.9 billion) fine levied by the European Union for thwarting fair competition from music-streaming rivals, including Spotify Technology SA.
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3h ago
The Daily Chase: Inflation eases once more
Here are five things you need to know this morning.
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May 17
5:36Canada is exploring higher tariffs on Chinese EVs, trade minister says
Canada is examining whether it needs to raise tariffs on Chinese-made electric vehicles after the White House announced major new levies on them, Trade Minister Mary Ng said.
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May 17
Canada’s rapid population growth, due to high levels of immigration, has worked to reduce costs associated with an aging population while spurring other economic challenges, according to one economist.
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May 17
6:41ISS supports Gildan nominees put forward by activist shareholder Browning West
Institutional Shareholder Services Inc. is throwing its support behind a slate of board nominees and a former chief executive that dissident Gildan Activewear Inc. shareholders have been fighting to see run the company.
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17h ago
6:01Markets today: U.S. futures flatline ahead of Nvidia, Fed speeches
Wall Street was poised to open steady on Tuesday as traders retreated to the sidelines ahead of results from Nvidia Corp. and speeches by a slew of Federal Reserve policymakers.
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May 15
A dearth of heavy crude is forcing one of the world’s biggest buyers to go the extra mile to get the barrels it needs, offering another example of how sanctions and OPEC+ curbs are recasting the supply chain.
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17h ago
Oil price news: Oil inches down with market volatility measure near 2019 lows
Oil edged lower on Tuesday in a rangebound market as attention turns toward the upcoming OPEC+ meeting that will set the group’s supply policy.
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May 17
6:21Loblaw's participation in grocery code 'a big step in the right direction': Trudeau
Prime Minister Justin Trudeau says with the biggest Canadian grocer now on board, the grocery code of conduct is much more likely to succeed.
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May 17
5:36If Canada follows U.S. lead on Chinese EV tariffs, impact could be huge
In a strategic election-year manoeuvre, U.S. President Joe Biden has introduced substantial tariff increases on various Chinese goods, aiming to strengthen domestic production in crucial sectors. Although the move is aimed at protecting American labour and businesses from what Biden deems unfair practices, the impact could be huge if Canada follows suit.
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May 17
5:47Chinese-made Teslas pour into Canada as Biden erects U.S. tariff wall
The Biden administration is quadrupling U.S. tariffs on electric vehicles manufactured in China. But Chinese-made cars are still finding their way into a receptive North American market — just to the north.
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May 15
The former CEO of Sears Canada says ongoing inflationary pressures are weighing heavy on retail giants like Walmart, which is in the midst of a corporate overhaul aimed at reducing costs.
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May 17
6:57Bank chief executives summoned to House of Commons environment committee
A parliamentary committee has summoned Canada's big five bank CEOs to talk about the environmental and climate impacts of the financial system.
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May 16
12:01Manulife 20% YTD stock gain today 'years in the making,' CEO says
Manulife President and CEO Roy Gori says the company’s recent success “has been several years in the making” following a decade of challenges coming out of the 2008 financial crisis.