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Samsung signs its first Canadian telecom equipment deal with Quebecor's Videotron

Samsung signs its first Canadian telecom equipment deal with Quebecor's Videotron

MONTREAL — Samsung Electronics has made a first step into Canada's telecommunications infrastructure market with a deal to supply equipment for Videotron's wireless network in the province of Quebec and the Ottawa region of Ontario.
Holiday shopping off to slow start, US retail sales up 0.2%

Holiday shopping off to slow start, US retail sales up 0.2%

WASHINGTON — U.S. retail sales rose at a modest pace in November as the holiday shopping season appeared to have a slow start. The Commerce Department said Friday that retail sales increased a seasonally adjusted 0.2% in November, down from 0.

Statistics Canada says household debt edges up in Q3, net worth also rises

OTTAWA — Statistics Canada says household debt went up in the third quarter as household net worth also rose. The agency says that on a seasonally adjusted basis, total borrowing increased to $28.5 billion for the quarter from $21.

China says trade deal with US must be 'mutually beneficial'

BEIJING — Expectations for a U.S.-Chinese trade truce rose Friday, though Beijing accused Washington of unfairly attacking its economy and said a settlement to their costly, 17-month-old conflict must be "mutually beneficial.

Desmarais brothers to retire as Power Corp. co-CEOs as company restructures

MONTREAL — Power Corp. says brothers Andre and Paul Desmarais Jr. will retire from their long-serving roles as co-CEOs of the management and holding company.
Boosting bid to take HBC private 'most likely path' to success, analyst says

Boosting bid to take HBC private 'most likely path' to success, analyst says

TORONTO — An analyst says the insider group behind a privatization bid for Hudson's Bay Co. will need to boost its offer to convince minority shareholders to vote for the proposal.
US and China near deal that would suspend planned tariffs

US and China near deal that would suspend planned tariffs

WASHINGTON — The Trump administration and China are close to finalizing a modest trade agreement that would suspend tariffs that are set to kick in Sunday, de-escalating their 17-month trade war. "We're close to a deal,'' said Myron Brilliant, the U.
North American stock markets rise on signals about trade deal with China

North American stock markets rise on signals about trade deal with China

TORONTO — North American stock markets were up with U.S. exchanges setting record intraday highs Thursday on signals about an impending trade deal between the world's two largest economies. Investors responded positively after U.S.

Most actively traded companies on the TSX

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (16,946.90, up 7.29 points.) Canadian Natural Resources Ltd. (TSX:CNQ). Energy. Up $1.25, or 3.22 per cent, to $40.12 on 10.
Grocer Empire Co. reports $154.6M Q2 profit, up from $103.8M a year ago

Grocer Empire Co. reports $154.6M Q2 profit, up from $103.8M a year ago

STELLARTON, N.S. — One of Canada's largest grocers has experienced "a slight softening in sales" over the past few months, prompting the company to closer watch the Canadian economy for signs consumer spending patterns will change.