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2022 was slowest year for US home sales in nearly a decade

2022 was slowest year for US home sales in nearly a decade

LOS ANGELES (AP) — U.S. home sales tumbled to the slowest pace in nearly a decade as soaring mortgage rates and sky high prices in 2022 pushed homeownership out of reach for many Americans.
Canadian retail sales fell 0.1 per cent to $61.8 billion in November

Canadian retail sales fell 0.1 per cent to $61.8 billion in November

Canadian retail sales edged down in November amid a broad consumer spending pull back as the rising cost of living continued to erode purchasing power. Statistics sa¹ú¼Ê´«Ã½ said Friday retail sales dropped 0.1 per cent to $61.8 billion in November.
Romanian judge grants 30-day extension of Tate detention

Romanian judge grants 30-day extension of Tate detention

BUCHAREST, Romania (AP) — A judge in Romania has granted a request to extend by another 30 days the arrest of Andrew Tate, the social media personality who was detained in the country on charges of being part of an organized crime group, human traffi
Cannabis company Hexo regains compliance with Nasdaq's minimum bid price requirement

Cannabis company Hexo regains compliance with Nasdaq's minimum bid price requirement

GATINEAU, Que. — Hexo Corp. says the Nasdaq Stock Market LLC has informed the cannabis company that it has regained compliance with minimum bid price requirements. Gatineau, Que.
Macron to hike military funds amid Ukraine war, new threats

Macron to hike military funds amid Ukraine war, new threats

PARIS (AP) — French President Emmanuel Macron on Friday proposed to boost defense spending by more than a third through 2030 and to “transform" France's nuclear-armed military, to better face evolving threats and take into account the impact of Russi
Google axing 12,000 jobs, as tech industry layoffs widen

Google axing 12,000 jobs, as tech industry layoffs widen

LONDON (AP) — Google is laying off 12,000 workers, becoming the latest tech company to trim staff after rapid expansions during the COVID-19 pandemic have worn off.
Number of commercial pilot licences issued in sa¹ú¼Ê´«Ã½ has collapsed since 2019

Number of commercial pilot licences issued in sa¹ú¼Ê´«Ã½ has collapsed since 2019

The number of commercial pilot licences issued in sa¹ú¼Ê´«Ã½ has declined by more than 80 per cent since 2019, even as aviation experts warn of an ever-growing labour shortage that threatens to disrupt sa¹ú¼Ê´«Ã½'s airline industry.
BoC expected to deliver eighth consecutive rate hike, but it's probably the last one

BoC expected to deliver eighth consecutive rate hike, but it's probably the last one

OTTAWA — Economists don't believe the Bank of sa¹ú¼Ê´«Ã½ is ready to hit the brakes on its interest rate-hiking cycle just yet, even as signs grow that inflation is easing and the economy is softening.
Recall of soft, semi-soft surface-ripened cheeses triggered by illness outbreak

Recall of soft, semi-soft surface-ripened cheeses triggered by illness outbreak

The Canadian Food Inspection Agency has issued a recall for Le Fromage au Village and La Vache à Maillotte brand soft and semi-soft surface-ripened cheese due to possible Listeria contamination.
Asian markets rise after Wall St losses amid recession fears

Asian markets rise after Wall St losses amid recession fears

BEIJING (AP) — Asian stock markets rose Friday after Wall Street losses deepened as worries grow that the U.S. economy is headed for recession. Shanghai, Tokyo and Hong Kong advanced. Seoul declined. Oil prices gained.