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Growing number of forecasts predict oil will reach US$100 this fall

Growing number of forecasts predict oil will reach US$100 this fall

CALGARY — A growing number of forecasts are calling for the return of US$100 oil before the end of the year — a prospect that could put even more pressure on consumers and make it harder for central bankers to rein in inflation.
Travellers rattled by sa¹ú¼Ê´«Ã½-India row, but trip plans remain unchanged

Travellers rattled by sa¹ú¼Ê´«Ã½-India row, but trip plans remain unchanged

MONTREAL — Travellers and the transportation sector at large have been rattled by the sudden ramp-up in tensions between sa¹ú¼Ê´«Ã½ and India, but see no reason to rethink their overseas plans for now.
Air sa¹ú¼Ê´«Ã½ system briefly breached, customer info and flight ops unaffected

Air sa¹ú¼Ê´«Ã½ system briefly breached, customer info and flight ops unaffected

MONTREAL — sa¹ú¼Ê´«Ã½'s biggest airline says an unauthorized group briefly breached an internal system linked to the personal information and records of some employees.
U.S. stocks slump Wednesday afternoon following rate decision, TSX little changed

U.S. stocks slump Wednesday afternoon following rate decision, TSX little changed

TORONTO — Weakness in energy and mining stocks outweighed strength elsewhere on sa¹ú¼Ê´«Ã½'s main stock index Wednesday, which lost just a handful of points, while U.S. markets fell near the end of the day after the U.S.
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 Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,214.69, down 4.20 points): Canopy Growth Corp. (TSX:WEED). Healthcare. Down 20 cents, or 14.49 per cent, to $1.18 on 16.
Nuvei CEO and chair Philip Fayer acquires shares in company

Nuvei CEO and chair Philip Fayer acquires shares in company

MONTREAL — Nuvei Corp. says chief executive and chair Philip Fayer has acquired more shares in the company.
Stock market today: Wall Street slumps after Fed warns rates may stay higher through 2024

Stock market today: Wall Street slumps after Fed warns rates may stay higher through 2024

NEW YORK (AP) — U.S. stocks slumped after the Federal Reserve said it may not cut interest rates next year by as much as it earlier thought, regardless of how much Wall Street wants it. The S&P 500 fell 0.9% Wednesday.
Union's tentative deal with Ford likely to include 'significant' wage gains: expert

Union's tentative deal with Ford likely to include 'significant' wage gains: expert

TORONTO — The union representing workers at Ford Motor Co. facilities in sa¹ú¼Ê´«Ã½ says its tentative deal with the company includes "transformative" gains, with one observer suggesting significant wage increases are likely.
sa¹ú¼Ê´«Ã½ Post breaking law by gathering info from envelopes, parcels: privacy watchdog

sa¹ú¼Ê´«Ã½ Post breaking law by gathering info from envelopes, parcels: privacy watchdog

OTTAWA — The federal privacy watchdog says sa¹ú¼Ê´«Ã½ Post is breaking the law by gleaning information from the outsides of envelopes and packages to help build marketing lists that it rents to businesses.
BoC watching its words to avoid spurring rate cut speculation, summary reveals

BoC watching its words to avoid spurring rate cut speculation, summary reveals

OTTAWA — The Bank of sa¹ú¼Ê´«Ã½ was watching its words at its last interest rate announcement, in fear of spurring speculation that rate cuts are coming any time soon.