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Stelco offers to buy back up to nearly half of its shares for $35 per share

Stelco offers to buy back up to nearly half of its shares for $35 per share

HAMILTON — Stelco Holdings Inc. is offering to buy back nearly half of its outstanding shares at a price of $35 per share. Under the substantial issuer bid, the company says it is looking to buy up to 30 million shares or 47.
General Motors invests in Lithion, signs strategic partnership agreement

General Motors invests in Lithion, signs strategic partnership agreement

MONTREAL — General Motors Co. is investing in Quebec battery recycling company Lithion Recycling Inc. Terms of the investment by GM Ventures in the company's series-A financing round were not immediately available.
More Americans apply for jobless aid last week

More Americans apply for jobless aid last week

WASHINGTON (AP) — The number of Americans filing for jobless benefits rose slightly last week with the Federal Reserve pushing hard to cool the economy and tamp down inflation. Applications for unemployment benefits for the week ending Sept.
Swiss central bank enacts biggest-ever hike to key rate

Swiss central bank enacts biggest-ever hike to key rate

GENEVA (AP) — Switzerland’s central bank carried out the biggest hike ever to its key interest rate Thursday, following the U.S. Federal Reserve and other central banks around the world in aggressive moves to clamp down on inflation.
Asia stocks follow Wall St down as Fed fights inflation

Asia stocks follow Wall St down as Fed fights inflation

BEIJING (AP) — Asian stock markets followed Wall Street lower on Thursday after the Federal Reserve delivered another big interest rate hike to cool galloping inflation and raised its outlook for more. Shanghai, Tokyo, Hong Kong and Sydney declined.
Putin orders partial military call-up, sparking protests

Putin orders partial military call-up, sparking protests

KYIV, Ukraine (AP) — Russian President Vladimir Putin ordered a partial mobilization of reservists Wednesday to bolster his forces in Ukraine, a deeply unpopular move that sparked rare protests across the country and led to almost 1,200 arrests.
'Art of the steal': Trump accused of vast fraud in NY suit

'Art of the steal': Trump accused of vast fraud in NY suit

NEW YORK (AP) — Former president Donald Trump padded his net worth by billions of dollars and habitually misled banks and others about the value of prized assets like golf courses, hotels and his Mar-a-Lago estate, New York’s attorney general said We
Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (19,184.54, down 184.15 points) Canadian Natural Resources Ltd. (TSX:CNQ). Energy. Down $1.69, or 2.37 per cent, to $69.51 on 7.4 million shares.
Damaged wheelchair renews calls for greater regulation of airline disability services

Damaged wheelchair renews calls for greater regulation of airline disability services

TORONTO — A disability activist whose wheelchair was severely damaged during a recent flight says mobility aids are treated no better than luggage, leading to renewed calls for greater regulation of airline disability services.
Stock markets in Canada and U.S. down after U.S. Federal Reserve decision

Stock markets in Canada and U.S. down after U.S. Federal Reserve decision

TORONTO — Canada's main stock index ended down almost one per cent and U.S. stock indexes closed even lower following whipsaw trading after the U.S.
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