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Rogers sisters resign from company board as part of private settlement

Rogers sisters resign from company board as part of private settlement

TORONTO — Two members of the Rogers family have settled their differences with their brother Edward and announced their retirement from the Rogers Communications Inc. board of directors after a bruising fight over who should lead the company.
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Duelling U.S. sandwich brands Jimmy John's and Jersey Mike's to expand in Canada

Duelling U.S. sandwich brands Jimmy John's and Jersey Mike's to expand in Canada

TORONTO — A battle of the sandwich brands is materializing as a pair of U.S. sub companies announce big plans for Canada. Inspire Brands announced Wednesday that its Jimmy John’s banner would use a franchise model to make its way outside the U.S.
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Tech industry expecting more layoffs, but say hiring coming too this year

Tech industry expecting more layoffs, but say hiring coming too this year

TORONTO — Tech’s biggest names spent last year in layoff mode and if the last few weeks are any indication, that pattern is continuing into this year.
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Mullen Group signs deal to buy logistics company ContainerWorld

Mullen Group signs deal to buy logistics company ContainerWorld

OKOTOKS, Alta. — Mullen Group Ltd. says it has signed a letter of intent to buy logistics company ContainerWorld Forwarding Services Inc. Financial terms of the agreement were not immediately available.
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China's economy expanded 5.2% last year, hitting target of 'about 5%' even though recovery is uneven

China's economy expanded 5.2% last year, hitting target of 'about 5%' even though recovery is uneven

HONG KONG (AP) — China’s economy for the October-December quarter grew at a quicker rate, allowing the Chinese government to hit its target of about 5% annual growth for 2023 even though trade data and the economic recovery remain uneven.
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Gildan accuses ex-CEO of close relationship with shareholders calling for his return

Gildan accuses ex-CEO of close relationship with shareholders calling for his return

MONTREAL — Gildan Activewear Inc.
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Shell will sell big piece of its Nigeria oil business, but activists want pollution cleaned up first

Shell will sell big piece of its Nigeria oil business, but activists want pollution cleaned up first

ABUJA, Nigeria (AP) — Shell said Tuesday it agreed to sell its onshore business in Nigeria’s Niger Delta to a consortium of companies in a deal worth $2.
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Top Federal Reserve official says inflation fight seems nearly won, with rate cuts coming

Top Federal Reserve official says inflation fight seems nearly won, with rate cuts coming

WASHINGTON (AP) — A top Federal Reserve official said Tuesday that he is increasingly confident that inflation will continue falling this year back to the Fed's 2% target level, after two years of accelerating price spikes that hurt millions of Ameri
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Loblaw's reduced discounts match competitors while retaining higher margin: experts

Loblaw's reduced discounts match competitors while retaining higher margin: experts

TORONTO — Loblaw's decision to reduce steep discounts on soon-to-expire food is a move to match its competitors as the demand for marked down groceries rises, experts say. Until recently, Loblaw Cos. Ltd.
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Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,948.09, up 113.79): Royal Bank of Canada. (TSX:RY). Finance. Up 35 cents, or 0.26 per cent, to 132.80 on 11 million shares.
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