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China sets this year's economic growth target at 'around 5%'

China sets this year's economic growth target at 'around 5%'

BEIJING (AP) — China’s government announced plans for a consumer-led revival of the struggling economy as its legislature opened a session Sunday that will tighten President Xi Jinping’s control over business and society.
SNC-Lavalin launches strategic review, tries to put cash-draining contracts behind it

SNC-Lavalin launches strategic review, tries to put cash-draining contracts behind it

MONTREAL — SNC-Lavalin Group Inc. is eyeing an asset selloff as the company continues to pivot away from cash-draining fixed-price construction contracts and sharpen its game as a pure-play engineering firm.
Climate taxonomy proposal asks feds to include oilsands-related spending

Climate taxonomy proposal asks feds to include oilsands-related spending

TORONTO — The federal government has released proposed guidelines, submitted to it by an independent group of finance experts, on what investments should be considered worthy in the fight against climate change.
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 Fridayon the Toronto Stock Exchange: Toronto Stock Exchange (20,581.58, up 244.37): Suncor Energy Inc. (TSX:SU). Energy. Up 68 cents, or 1.44 per cent, to $47.97 on 21 million shares. Enbridge Inc.
S&P/TSX composite gains nearly 250 points to end week on upswing

S&P/TSX composite gains nearly 250 points to end week on upswing

sa¹ú¼Ê´«Ã½'s main stock index rose almost 250 points in a broad-based rally Friday, ending the week on an upswing as Wall Street stocks also posted strong gains. The S&P/TSX composite index was up 244.37 points at 20,581.58.
Mall landlords likely to get 'creative' to fill Nordstrom vacancies: experts

Mall landlords likely to get 'creative' to fill Nordstrom vacancies: experts

TORONTO — Nordstrom's departure from sa¹ú¼Ê´«Ã½'s retail landscape will leave significant holes in shopping malls, and some analysts say landlords will need to get creative to fill the space.
NorthStar Gaming to list shares on TSXV next week, completes Baden Resources takeover

NorthStar Gaming to list shares on TSXV next week, completes Baden Resources takeover

TORONTO — NorthStar Gaming Holdings Inc. says it will list its common shares on the TSX Venture Exchange next week. The Toronto-based sports betting company says shares will trade under the BET symbol.
Stocks jump as Wall Street cruises to best day since January

Stocks jump as Wall Street cruises to best day since January

NEW YORK (AP) — Stocks rallied Friday to send Wall Street to its best day in six weeks. The S&P 500 rose 1.6% to cap its first winning week in the last four as relaxing yields in the bond market took some pressure off Wall Street.
As window for final testing narrows, N.L.'s Muskrat Falls encounters new problems

As window for final testing narrows, N.L.'s Muskrat Falls encounters new problems

ST. JOHN'S, N.L. — Newfoundland and Labrador's long-suffering Muskrat Falls hydroelectricity project has encountered new problems ahead of a final round of testing that must take place during the colder months of the year.
Ford to raise production as US auto sales start to recover

Ford to raise production as US auto sales start to recover

DEARBORN, Mich. (AP) — Ford will increase production of six models this year, half of them electric, as the company and the auto industry start to rebound from sluggish U.S. sales in 2022.