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S&P/TSX composite moves higher on strength of reopening sector led by energy

S&P/TSX composite moves higher on strength of reopening sector led by energy

TORONTO — Canada's main stock index moved higher to end a relatively flat week as sectors that rely on the economy reopening offset continued losses in technology. The S&P/TSX composite index closed up 101.48 points to 18,752.
Runners facing shoe shortage due to surging demand, COVID-related supply issues

Runners facing shoe shortage due to surging demand, COVID-related supply issues

Running shoes are the latest product to be plagued by a pandemic-related supply crunch as exercise-starved Canadians head outside in droves.
A sign of the times: CAODC drilling association ponders change to 72-year-old name

A sign of the times: CAODC drilling association ponders change to 72-year-old name

CALGARY — In a sign of changing times in the oilpatch, the head of the group representing contract drilling companies in Canada says it is exploring a change to the name adopted when it was founded in 1949.

Infrastructure bank, private sector investors commit $260M for Man. internet project

TORONTO — The Canada Infrastructure Bank and private-sector companies have agreed in principle to provide $260 million for improved rural internet service in southern Manitoba.
Uber to double number of Toronto technical staff, add rider and membership teams

Uber to double number of Toronto technical staff, add rider and membership teams

TORONTO — Uber Technologies Inc. will double the size of its Toronto technical team by the end of the year. The San Francisco, Calif.
WestJet adding routes in Western Canada in anticipation of summer demand

WestJet adding routes in Western Canada in anticipation of summer demand

CALGARY — WestJet is adding 11 domestic routes across Western Canada in anticipation of summer demand for travel. The announcement follows a decision by the airline earlier this week to restore service to Atlantic Canada and Quebec City.
Caesars puts pandemic losses at $2B, wants insurers to pay

Caesars puts pandemic losses at $2B, wants insurers to pay

LAS VEGAS — Casino giant Caesars Entertainment Inc.
Consumer spending dipped 1% as winter storms raked the US

Consumer spending dipped 1% as winter storms raked the US

WASHINGTON — Consumers spending and personal incomes both fell sharply in February as severe winter storms disrupted shopping in many parts of the country and the government wrapped up distribution of $600 relief payments.

EU medicines regulator approves new vaccine production sites

LONDON — The European Union’s medicines regulator on Friday said it has approved new manufacturing sites for coronavirus vaccines made by Pfizer-BioNTech, Moderna and AstraZeneca, in a move that could significantly boost Europe’s supply of the shots
Q&A: Artist Beeple on selling NFT collage for a record $70M

Q&A: Artist Beeple on selling NFT collage for a record $70M

LONDON — When digital artist Beeple put an NFT digital artwork up for auction this month, he became instantly famous when it sold for almost $70 million.
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