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Hong Kong newspaper raided, tycoon detained under new law

Hong Kong newspaper raided, tycoon detained under new law

Hong Kong authorities broadened their enforcement of a new national security law on Monday, arresting media tycoon Jimmy Lai, searching the headquarters of his Next Digital group and carting away boxes of what they said was evidence.
Five things to watch for in the Canadian business world in the coming week

Five things to watch for in the Canadian business world in the coming week

TORONTO — Five things to watch for in the Canadian business world in the coming week: Grocery bill One of Canada's largest grocers will report its latest quarterly results Wednesday. Metro Inc., as well as competitors Loblaw Companies Ltd.
Ontario's pot store lottery winners sell shops as more consolidation expected

Ontario's pot store lottery winners sell shops as more consolidation expected

TORONTO — More than a year after winning the chance to open one of Ontario's first cannabis stores through a provincial lottery, Lisa Bigioni has walked away from her Niagara Falls pot shop.
Premier Scott Moe worried U.S. could put tariff on steel after Canadian aluminum

Premier Scott Moe worried U.S. could put tariff on steel after Canadian aluminum

REGINA — Saskatchewan's premier says he's concerned the United States could impose a tariff on Canadian steel after the country slapped a 10 per cent import tax on aluminum.

Most actively traded companies on the TSX

TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (16,544.48, down 34.62 points.) Enbridge Inc. (TSX:ENB). Energy. Up 15 cents, or 0.34 per cent, to $44.17 on 9.67 million shares.
U.S. aluminum tariffs are 'unjustified and unnecessary': Canadian manufacturers

U.S. aluminum tariffs are 'unjustified and unnecessary': Canadian manufacturers

TORONTO — Canada's manufacturing industry is deeply frustrated by the U.S. government's decision to impose tariffs on Canadian aluminum and the uncertainty it creates for the sector.
Russel Metals hit by energy weakness, but plays down prospect of steel tariffs

Russel Metals hit by energy weakness, but plays down prospect of steel tariffs

TORONTO — Russel Metals Inc. reported ailing sales numbers this week, citing not only the COVID-19 pandemic but also low energy prices and drilling activity levels, along with weather delays.
Toronto stock market dips as uncertainties trump strong jobs reports

Toronto stock market dips as uncertainties trump strong jobs reports

TORONTO — Major North American indexes were mixed Friday as trade and stimulus uncertainties trumped stronger-than-expected jobs reports in Canada and the U.S. The S&P/TSX composite index lost 34.62 points to 16,544.48.

US consumer borrowing up in June after 3 months of declines

WASHINGTON — The pandemic still has Americans easing off the plastic. U.S. consumer borrowing rose in June after three months of declines but the key category of credit card debt extended its decline.
Union to extend Montreal port strike indefinitely as dock tensions escalate

Union to extend Montreal port strike indefinitely as dock tensions escalate

Montreal dock workers plan to launch a port-wide strike without an end date starting Monday, the latest move in an escalating standoff between the union and the Maritime Employers Association.