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Canaccord Genuity makes $367M takeover offer for RF Capital Group

TORONTO — Canaccord Genuity Group Inc. has made a takeover offer for RF Capital Group worth about $367 million, a move that would combine two of the largest independent wealth management businesses in Canada.

Swiss police raid over hack on U.S. security-camera company

GENEVA — Swiss authorities on Monday confirmed a police raid at the home of a Swiss software engineer who took credit for helping to break into a U.S.
Germany, France suspend use of AstraZeneca vaccine

Germany, France suspend use of AstraZeneca vaccine

BERLIN — French President Emmanuel Macron says that France is suspending the use of the AstraZeneca coronavirus vaccine use out of precaution.

H&M sales drop a fifth during winter but improve in March

STOCKHOLM — Low-cost fashion brand Hennes & Mauritz AB said Monday its sales dropped 21% during the December through February period as an increase in online business could not make up for the temporary closure of 1,800 stores due to the pandemic
Brand firm takes controlling stake in Toys R Us parent

Brand firm takes controlling stake in Toys R Us parent

NEW YORK — A New York-based brand management firm that already owns Anne Klein and Joseph Abboud is taking a controlling stake in the parent company of the iconic Toys R Us and Babies R Us brands.
CREA expects record home sales this year as market remains strong

CREA expects record home sales this year as market remains strong

The Canadian Real Estate Association is predicting home sales will be so strong they'll reach record highs this year, before starting to cool in 2022.
Statistics Canada says manufacturing sales rose 3.1 per cent in January

Statistics Canada says manufacturing sales rose 3.1 per cent in January

OTTAWA — Canadian manufacturing sales beat expectations as they rose 3.1 per cent to $56.2 billion in January to top their pre-pandemic mark set in February 2020 for the first time. Economists on average had expected an increase of 2.
CMHC says annual pace of housing starts in Canada slowed in February

CMHC says annual pace of housing starts in Canada slowed in February

OTTAWA — Canada Mortgage and Housing Corp. says the annual pace of housing starts in February slowed compared with January.
EU takes legal action vs UK over Brexit deal delays

EU takes legal action vs UK over Brexit deal delays

The European Union said Monday it is starting legal action against the United Kingdom, arguing it does not respect the conditions of the Brexit withdrawal agreement and is violating international law.
Attacks on Chinese-run factories in Myanmar vex Beijing

Attacks on Chinese-run factories in Myanmar vex Beijing

BEIJING — Attacks on Chinese-run factories in Myanmar's biggest city drew demands Monday from Beijing for protection for their property and employees, while many in Myanmar expressed outrage over China's apparent lack of concern for those killed in p