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HBC says three proxy advisers recommend shareholders back privatization deal

HBC says three proxy advisers recommend shareholders back privatization deal

TORONTO — Hudson's Bay Co. says three proxy advisory firms have recommended shareholders vote in favour of a plan to take the retailer private.
Jeff Bezos commits $10 billion to fight climate change

Jeff Bezos commits $10 billion to fight climate change

NEW YORK — Amazon founder Jeff Bezos said Monday that he plans to spend $10 billion of his own fortune to help fight climate change.
Statistics Canada says manufacturing sales fell in December to $56.4 billion

Statistics Canada says manufacturing sales fell in December to $56.4 billion

OTTAWA — Statistics Canada says manufacturing sales fell 0.7 per cent to $56.4 billion in December, hurt by the motor vehicle assembly and the aerospace product and parts industries.

Supremex buys envelope manufacturer and printer Royal Envelope for $27.4M

MONTREAL — Supremex Inc. says it has acquired Royal Envelope, an envelope manufacturer and printer in Ontario and Quebec, for $27.4 million. Royal Envelope was founded in 1989 by Peter Bowles and Lou Tucci.

No dramatic shifts expected as B.C. government tables new budget today

VICTORIA — The British Columbia government is expected to stick to its focus on affordability as it unveils its next budget today amid increasingly difficult economic conditions.

Beijing auto show is latest event delayed by virus fears

BEIJING — The Beijing auto show, the industry's biggest global event of the year, is being postponed in response to the spread of China's new virus.
Bombardier to sell train unit to France's Alstom, shedding biggest division

Bombardier to sell train unit to France's Alstom, shedding biggest division

MONTREAL — Bombardier Inc. has reached a US$8.2-billion deal to sell its rail business to French rail giant Alstom SA, narrowing the Quebec company's focus to business jets while casting off its largest division to help pay down US$9.
Kendall Jenner headlines London Fashion Week's Burberry show

Kendall Jenner headlines London Fashion Week's Burberry show

LONDON — Kendall Jenner and fellow super models unveiled Burberry's new season designs at London Fashion Week on Monday, a collection that spanned everything from classic and ladylike to sexy, preppy and street-smart.
Pier 1 files for bankruptcy protection, closing all Canadian stores

Pier 1 files for bankruptcy protection, closing all Canadian stores

TORONTO — Home goods retailer Pier 1 Imports Inc. says it has filed for bankruptcy protection in the United States and plans to close all Canadian stores as part of its restructuring process.
Cirque du Soleil founder Guy Laliberte sells remaining stake to Caisse

Cirque du Soleil founder Guy Laliberte sells remaining stake to Caisse

MONTREAL — Cirque du Soleil founder Guy Laliberte is selling the last of his shares in the entertainment behemoth nearly 36 years after launching the Quebec-based circus troupe.