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Asian stock markets fall ahead of US employment update

Asian stock markets fall ahead of US employment update

BEIJING (AP) — Asian shares followed Wall Street lower Friday ahead of U.S. jobs data investors hope will persuade the Federal Reserve to ease off plans for more interest rate hikes. Tokyo and Hong Kong, the region's biggest markets, retreated.
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Judge delays Twitter trial, gives Musk time to seal buyout

Judge delays Twitter trial, gives Musk time to seal buyout

NEW YORK — A judge has delayed a looming trial between Twitter and Elon Musk, giving the Tesla CEO more time to close his $44 billion deal to buy the company after months spent fighting to get out of it.
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Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (18,979.01, down 256.08 points): Suncor Energy Inc. (TSX:SU). Energy. Up 88 cents, or 1.99 per cent, to $45.11 on 11.6 million shares.
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S&P/TSX composite ends down more than 200 points, U.S. markets also lower

S&P/TSX composite ends down more than 200 points, U.S. markets also lower

TORONTO — Canada's main stock index ended down along with U.S. markets as central bank leaders emphasize the need to raise rates, while oil prices and energy stocks rose in reaction to news of production cuts by OPEC plus.
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In a first, Netflix's 'Glass Onion' to play in major chains

In a first, Netflix's 'Glass Onion' to play in major chains

NEW YORK (AP) — For the first time, the major U.S. theater chains will play a Netflix release after exhibitors and the streaming service reached a deal for a nationwide sneak-peak run of Rian Johnson's “Glass Onion: A Knives Out Mystery.
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TD expects steeper home price drop in early 2023 than initial forecast

TD expects steeper home price drop in early 2023 than initial forecast

TORONTO — TD Economics has revised its housing forecast to account for even steeper price declines in early 2023 and then slower growth for the remainder of the year.
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Housing starts will fall below 2030 supply targets in Ont., Que. and B.C.: CMHC

Housing starts will fall below 2030 supply targets in Ont., Que. and B.C.: CMHC

TORONTO — Canada Mortgage and Housing Corp. says even under best-case scenarios, housing starts will fall well below the affordable housing supply targets it has set for Ontario, B.C. and Quebec to reach by 2030.
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More rate hikes needed despite signs of economic slowdown: Macklem

More rate hikes needed despite signs of economic slowdown: Macklem

OTTAWA — Despite some early signs of a slowing economy, Bank of Canada governor Tiff Macklem says more interest rate hikes are necessary to bring inflation down.
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Let’s talk baggage: how much is your carry-on costing?

Let’s talk baggage: how much is your carry-on costing?

MONTREAL — As COVID-19-related restrictions lift and demand for travel returns, airport goers are left wondering yet again if checking a bag is worth it.
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EXPLAINER: How will OPEC+ cuts affect oil prices, inflation?

EXPLAINER: How will OPEC+ cuts affect oil prices, inflation?

FRANKFURT, Germany (AP) — Major oil-producing countries led by Saudi Arabia and Russia have decided to slash the amount of oil they deliver to the global economy.
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