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G-7 pledges to move forward with Russia oil price cap system

G-7 pledges to move forward with Russia oil price cap system

BERLIN (AP) — Finance ministers from the Group of Seven industrial powers on Friday pledged to put in place a system designed to cap Russia's income from oil sales, an idea that the nations' leaders had promised to explore at their summit in June.
Vancouver home sales down 40% from last year, nearly 1% since July: board

Vancouver home sales down 40% from last year, nearly 1% since July: board

VANCOUVER — The Real Estate Board of Greater Vancouver says last month's home sales plunged roughly 40 per cent since August 2021, but were almost unchanged from this past July.
Sun Life buying majority stake in Advisors Asset Management for US$214M

Sun Life buying majority stake in Advisors Asset Management for US$214M

TORONTO — Sun Life Financial Inc. has signed a deal to buy a majority stake in U.S. firm Advisors Asset Management Inc. for US$214 million. AAM provides a range of services and products to financial advisers.
Long weekend drivers to enjoy cheaper gas as crude oil tumbles

Long weekend drivers to enjoy cheaper gas as crude oil tumbles

CALGARY — The final long weekend of summer will also be the cheapest for Canadian drivers, with gasoline prices heading into the Labour Day holiday the lowest they've been since late February.
Nissan eager to leverage US tax credit on electric vehicles

Nissan eager to leverage US tax credit on electric vehicles

TOKYO (AP) — Nissan will more aggressively push electric vehicles to take advantage of a new U.S. law that gives up to $7,500 in tax credits, the Japanese automaker said Friday.
CDC endorses updated COVID boosters, shots to begin soon

CDC endorses updated COVID boosters, shots to begin soon

The Centers for Disease Control and Prevention on Thursday endorsed updated COIVD-19 boosters , opening the way for a fall vaccination campaign that could blunt a winter surge if enough Americans roll up their sleeves.
Stock market sell-off continues amid recession fears, slumping commodity prices

Stock market sell-off continues amid recession fears, slumping commodity prices

sa¹ú¼Ê´«Ã½'s main stock index extended its broad-based sell-off into a fifth straight day Thursday, as recessionary fears mounted and global commodity prices slumped. The S&P/TSX composite index closed down 188.09 points at 19,142.72.
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 (19,142.72, down 188.09 points.) Suncor Energy Inc. (TSX:SU). Energy. Down $1.58, or 3.72 per cent, to $40.91 on 13.8 million shares.
Lululemon reports Q2 revenue up as inventories higher, international sales climb

Lululemon reports Q2 revenue up as inventories higher, international sales climb

VANCOUVER — Lululemon Athletica Inc. says revenue climbed 29 per cent in the second quarter compared with the same period last year as it saw sales climb across its operations including higher gains in both online and international segments.
Stocks end mixed on Wall Street, S&P 500 ekes out a gain

Stocks end mixed on Wall Street, S&P 500 ekes out a gain

NEW YORK — A late burst of buying erased some of the stock market’s losses, leaving indexes mixed on Wall Street at the closing bell.