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TSX, Loonie Dragged Down by Slumping Oil Prices

Slumping oil prices dragged down the Canadian dollar and the Toronto Stock Exchange’s main index ahead of the weekend. The October crude oil contract slipped 88 cents to $43.03 (U.S.) per barrel. The November contract, which traded at a higher volume, slipped 90 cents to $43.62 (U.S.) per barrel. “Energy’s under pressure,” said Luciano Orengo, a portfolio manager at Manulife …

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5 Interesting Way of Making Money

When seeking a job, some people prefer a traditional job that has regular working hours. However, this is not true for everyone as some people prefer offbeat tasks with varying hours. Consider some of these interesting jobs the next time you are seeking employment. London Dungeon Actor For tourists, the dungeons of London are a top attraction. To make the …

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BIAs Plead For More Funds, Flexibility

The city’s 82 Business Improvement Associations (BIAs) want Toronto to double a $2.3 million annual fund that matches public money to the investments the businesses make in their neighbourhoods — and give them more flexibility in how they spend the money. BIAs beautify and animate neighbourhoods with murals, banners, anti-graffiti wraps on posts and other street improvements. They are considered …

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Oshawa’s Future at Play in Talks with General Motors

For auto workers in Oshawa, it’s do-or-die time. In a city that was once synonymous with General Motors, there’s no promise of any future auto assembly work beyond 2019, so there are real fears production could shut down altogether. That’s why Unifor, formerly the Canadian Auto Workers union, has threatened to strike at midnight next Monday, unless it wins a …

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Alberta App Lets Medical Marijuana Users Order Pot with Click of a Button

EDMONTON—Need some medical marijuana? There’s an app for that. An Alberta-based pot producer has launched a mobile app to make it easier for patients with a prescription to purchase federally-regulated medicinal weed. Cam Battley, of Aurora Cannabis, said the idea was to give customers the same service as giant online retailers such as Amazon. “As far as we know, it …

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iOS 10 Update Takes Shine Off of Apple

From bricked phones to redesigned emojis, some Apple device owners have taken to social media to vent their frustrations after upgrading — or trying to upgrade — their iPhones, iPads and iPods to iOS 10. The latest version of Apple’s mobile device operating system, released Tuesday, is supposed to offer more intuitive, useful features than ever before but hundreds of …

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‘World of Warcraft’ Creator to Launch video-game Startup

Big video games, like movies, are usually created by squadrons of people, including dozens or hundreds of artists and developers. And yet it is an individual who often stands out for creative contributions to the most successful games. For the Mario franchise and other Nintendo hits, it is Shigeru Miyamoto. For the Grand Theft Auto series, it is Sam Houser. …

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Aeropostale Wins Approval of $243M Sale to Mall Group

Teen clothing retailer Aeropostale Inc. won court permission to sell its assets to buyers led by Simon Property Group Inc. and General Growth Properties Inc. after the landlords banded together with liquidators to save jobs and stores—a novel approach that lawyers said could be a model for distressed retailers. The group prevailed at a Sept. 2 auction with a $243 …

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Philippine Stocks Tumble Over Duterte Outbursts, ‘Unpredictable Behaviour’

Losses in Philippine stocks are accelerating as foreigners keep pulling money from Asia’s most expensive market amid speculation the outbursts of President Rodrigo Duterte are hurting investor sentiment. The Philippine Stock Exchange Index dropped for a third day, losing 1.3 per cent to 7,620.64 as of 2:36 p.m. in Manila, on course for the biggest decline in five weeks. The …

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TSX, Loonie Drop After Interest Rate Announcement

The Canadian dollar lost ground today as the central bank struck a cautious note on the economy while announcing it was keeping its interest rate steady at 0.5 per cent. The loonie fell 0.32 of a cent to 77.52 cents U.S. after the Bank of Canada raised concerns due to the disappointing export sector in the second quarter. In Toronto, …

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