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S. Korea's top court upholds ex-leader's 17-year jail term

S. Korea's top court upholds ex-leader's 17-year jail term

SEOUL, Korea, Republic Of — South Korea’s top court upheld a 17-year prison sentence on former President Lee Myung-bak for a range of corruption crimes in a final ruling Thursday that will send him back to prison soon.

Insurance firms pledge small-business help as pressure to address rising rates mounts

A group representing Canadian insurance companies say it is launching a team that will help small businesses find affordable coverage as rates rise because of the pandemic.

Asian shares lower, US futures up after S&P 500 sinks 3.5%

Asian shares declined Thursday and U.S. futures were higher after the S&P 500 slid 3.5% overnight for its biggest drop since June. The selling in U.S.

FBI warns ransomware assault threatens US healthcare system

BOSTON — Federal agencies warned that cybercriminals are unleashing a wave of data-scrambling extortion attempts against the U.S.

Suncor Energy misses expectations with $302M loss on lower production, prices

CALGARY — Suncor Energy Inc. is reporting a third-quarter operating loss of $302 million or 20 cents per share as revenue fell 34 per cent to $6.5 billion due to lower production and oil prices compared with the same period of 2019.
Husky pipeline spills 900,000 litres of produced water in northwestern Alberta

Husky pipeline spills 900,000 litres of produced water in northwestern Alberta

RAINBOW LAKE, Alta. — Husky Energy is cleaning up after one of its pipelines in northwestern Alberta spilled 900,000 litres of produced water, a byproduct of oil and gas extraction that sometimes contains residual petroleum and chemicals.
Deeper job cuts at Boeing as pandemic throttles air travel

Deeper job cuts at Boeing as pandemic throttles air travel

Boeing said Wednesday that it will cut 7,000 more jobs as it continues to bleed money during a pandemic that has smothered demand for new airline planes.
Cogeco on the hunt for acquisitions after rebuffing takeover overture

Cogeco on the hunt for acquisitions after rebuffing takeover overture

TORONTO — Cogeco Inc. has the financial resources to do more acquisitions and service improvements profitably as an independent company, chief executive Phlippe Jette said Thursday.
Sobeys CEO calls competitors' fee increases on suppliers 'repugnant'

Sobeys CEO calls competitors' fee increases on suppliers 'repugnant'

The head of Sobeys Inc. says the grocer won't follow its Canadian competitors in unilaterally hiking supplier fees, calling the practice "hard to believe and repugnant.

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 (15,586.57, down 434.37 points.) Husky Energy Inc. (TSX:HSE). Energy. Down 24 cents, or 6.3 per cent, to $3.57 on 15.4 million shares.