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North American markets retreat; tech, crypto stocks fall sharply

North American markets retreat; tech, crypto stocks fall sharply

Canada's main stock index fell Friday, part of a broad-based retreat that also affected U.S. markets and brought with it significant losses in technology and cryptocurrency stocks. The S&P/TSX composite index closed down 153.99 points at 20,111.
Russia's Gazprom to shut gas pipeline to Europe for 3 days

Russia's Gazprom to shut gas pipeline to Europe for 3 days

MOSCOW (AP) — A key Russian natural gas pipeline will shut down for three days of maintenance at the end of this month, the state-owned energy company Gazprom announced Friday, raising economic pressure on Germany and other European countries that de
Tech stocks lead Wall Street lower, breaking winning streak

Tech stocks lead Wall Street lower, breaking winning streak

NEW YORK — Technology stocks led Wall Street lower, leaving major indexes in the red for the week. The benchmark S&P 500 index gave back 1.3% Friday, breaking a four-week winning streak. The tech-heavy Nasdaq composite fell even more.
Source: CBS extends Champions League deal for $250M a year

Source: CBS extends Champions League deal for $250M a year

GENEVA (AP) — The Champions League is staying on CBS in the United States for an additional six years with parent company Paramount paying $250 million a year to renew its prime European soccer rights through 2030, a person familiar with the deal tol
OMERS reports 0.4 per cent portfolio loss in first half of 2022

OMERS reports 0.4 per cent portfolio loss in first half of 2022

TORONTO — OMERS says it generated a net investment return of negative 0.4 per cent, or a loss of about $500 million, for the first six months of the year amid wider market turmoil.
Statistics Canada says retail sales rose 1.1 per cent in June to $63.1 billion

Statistics Canada says retail sales rose 1.1 per cent in June to $63.1 billion

OTTAWA — Canadian retail sales increased 1.1 per cent to $63.1 billion in June, boosted by higher sales at gasoline stations and motor vehicle and parts dealers, Statistics Canada said Friday.
Back-to-school shoppers return to stores, hunt for deals amid mounting prices

Back-to-school shoppers return to stores, hunt for deals amid mounting prices

Ceilidh Fear is typically a bargain shopper. But the mother of two is planning to splurge a little on a back-to-school shopping trip.
Judge retains jurisdiction in lawsuit over Enbridge pipeline

Judge retains jurisdiction in lawsuit over Enbridge pipeline

TRAVERSE CITY, Mich. (AP) — A federal judge Thursday kept jurisdiction over a lawsuit seeking to close an oil pipeline crossing a section of the Great Lakes, rejecting Michigan's effort to shift the case to state court. U.S.
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 (20,265.37, up 83.93 points.) Enbridge Inc. (TSX:ENB). Energy. Up 82 cents, or 1.49 per cent, to $56.04 on 13.2 million shares.
Apple warns of security flaw for iPhones, iPads and Macs

Apple warns of security flaw for iPhones, iPads and Macs

SAN FRANCISCO (AP) — Apple disclosed serious security vulnerabilities Wednesday for iPhones, iPads and Macs. The software flaws could potentially allow attackers to take complete control of these devices, Apple said in two security reports .