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Dow hits record high, S&P 500 within 2% of 2007 peak while Toronto index lags
The Dow Jones Industrial Average surged more than 126 points Tuesday to close at a new all-time high of 14,253.80, finally recovering all the losses incurred by the blue chip index of U.S. stocks in...
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Royal Dutch Shell wins approval for landmark shale gas project in China
Energy giant Royal Dutch Shell has won approval from the Chinese government for the company’s first shale gas production sharing contract in China, The Wall Street Journal reports. The Chinese...
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What’s expensive, shiny and fries birds? A giant California solar farm
It cost $2.2 billion US to build, it has 347,000 garage door-size mirrors that stretch over five square kilometres of federal land in the California desert, and it will generate enough electricity to...
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U.S. regulators order Bakken crude shipped by rail to be tested
Federal regulators in the U.S. issued an emergency order Tuesday requiring rail shippers to test the composition of crude oil from North Dakota’s Bakken play before transporting it, The Wall Street...
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Liquor Stores CEO’s previous employer files for Chapter 11 bankruptcy protection
Liquor Stores N.A. has a few hills to climb before regaining the confidence of investors, as noted in my column Thursday. For company CEO Stephen Bebis, his first 11 months on the job have been...
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Petronas LNG project attracts new Chinese backer as Sinopec sells part of its...
Petronas’ West Coast LNG (liquefied natural gas) project has attracted another Asian backer, the Wall Street Journal reports in a story filed from Beijing. “China Huadian Corp., one of China’s five...
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Gary Lamphier: Enjoying summer so far? Good. Then don't read this
It’s summer in the Great White North, and the livin’ is easy. The summer festivals, the beaches, running trails and golf courses beckon us all outdoors. Given that, it seems almost cruel to spoil this...
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Gary Lamphier: Dismiss Trump if you want, but voter anger in the U.S. is real
Hope and change. That was the upbeat rallying cry that carried U.S. President Barack Obama to victory in 2008. Today, Obama’s slogan sounds almost childishly naive. With less than four weeks to go...
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Gary Lamphier: Oil price outlook dims as doubts grow over OPEC deal
Oil prices dropped sharply Monday, driving the benchmark grade of U.S. light crude to its lowest level in more than a month, as the Organization of Petroleum Exporting Countries (OPEC) struggles to...
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Gary Lamphier: It's a wrap, folks: thanks for a great run
What kid dreams of becoming a business writer? None that I know of, including me. Instead, like most of my youthful pals, I fantasized about becoming an NHL hockey star while I was growing up in...
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