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Hezbollah, Iranian oil smuggling network hit with sanctions

Hezbollah, Iranian oil smuggling network hit with sanctions

WASHINGTON (AP) — The U.S. on Thursday imposed sanctions on a group of individuals, firms and vessels connected to an oil smuggling outfit said to benefit the Lebanese militant group Hezbollah and Iran's Revolutionary Guard.
Europe urged to save natural gas to avoid shortage next year

Europe urged to save natural gas to avoid shortage next year

FRANKFURT, Germany (AP) — Europe could face a severe natural gas shortage next year and needs to act now to reduce use, the International Energy Agency said in a report Thursday, warning against complacency in an energy crisis triggered by Russia's w
Restaurant Brands reports Q3 profit and revenue up despite 'macroeconomic pressures'

Restaurant Brands reports Q3 profit and revenue up despite 'macroeconomic pressures'

Tim Hortons' parent company recorded higher sales and profit in its most recent quarter despite "macroeconomic pressures" weighing on the restaurant industry. Restaurant Brands International Inc.
Toronto Pearson announces new program to curb security stalls ahead of travel surge

Toronto Pearson announces new program to curb security stalls ahead of travel surge

TORONTO — Canada's busiest airport says it will offer passengers a way to bypass long security lineups as it looks ahead to a winter travel surge and tries to avoid a repeat of the travel chaos seen earlier this year.
Bank of England makes biggest interest rate hike in 30 years

Bank of England makes biggest interest rate hike in 30 years

LONDON (AP) — The Bank of England rolled out its biggest interest rate increase in three decades Thursday, saying the move was needed to beat back stubbornly high inflation that is eroding living standards and is likely to trigger a “prolonged” reces
Suncor reducing contractor work force by 20 per cent to improve safety, efficiency

Suncor reducing contractor work force by 20 per cent to improve safety, efficiency

CALGARY — Suncor Energy Inc. is reducing the size of its contractor work force by 20 per cent as part of its effort to improve safety and performance at its oilsands operations.
Reduced consumer spending has Lightspeed Commerce 'cautious' ahead of holiday season

Reduced consumer spending has Lightspeed Commerce 'cautious' ahead of holiday season

Lightspeed Commerce Inc.’s chief financial officer says reduced consumer spending has the software company being “cautious” ahead of the typically busy holiday season.
New calculator tackles inequality in missing persons stories

New calculator tackles inequality in missing persons stories

NEW YORK (AP) — If you went missing, how much press would you be “worth”? The Columbia Journalism Review unveiled a tool on Thursday that calculates the number of stories your disappearance would net, based on demographics.
Statistics Canada reports merchandise trade surplus of $1.1 billion in September

Statistics Canada reports merchandise trade surplus of $1.1 billion in September

OTTAWA — Canada's merchandise trade surplus was $1.1 billion in September as growth in exports, boosted by wheat and crude oil, outpaced a rise in imports, Statistics Canada said Thursday.
UN agency: No evidence seen for Moscow's 'dirty bomb' claim

UN agency: No evidence seen for Moscow's 'dirty bomb' claim

KYIV, Ukraine (AP) — The U.N.'s nuclear agency said Thursday that its inspectors found no evidence to support Russia's claim that Ukraine planned to build and detonate a radioactive “dirty bomb” with the intent of blaming it on Moscow.
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