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UK sees budget deficit rise to highest rate since 1946

UK sees budget deficit rise to highest rate since 1946

LONDON — Britain has seen its budget deficit rise during the coronavirus pandemic to its highest level since the year after the end of World War II, official figures showed Friday.

China, global recovery boost profit at automaker Daimler

FRANKFURT — German car and truck maker Daimler AG says net profit rebounded strongly to 4.4 billion euros ($5.
Colombia police, military raid illegal gold mining operation

Colombia police, military raid illegal gold mining operation

MAGUI PAYAN, Colombia — From the air, the illegal gold mines look like wounds in the dense jungle of southern Colombia — scars of red, gray and brown dirt surrounding toxic ponds.
New home sales surged 20.7% in March to 1.02 million

New home sales surged 20.7% in March to 1.02 million

WASHINGTON — Sales of new homes surged 20.7% in March to the highest level since 2006, rebounding from a sharp decline the previous month when severe winter storms wreaked havoc in many parts of the country.
Sun Life buying U.S. company Pinnacle Care International for $108 million

Sun Life buying U.S. company Pinnacle Care International for $108 million

TORONTO — Sun Life Financial Inc. has signed a deal to buy U.S. company Pinnacle Care International Inc. for $108 million. PinnacleCare helps people access an initial or second medical opinion to make treatment decisions for complicated diagnoses.
In absence of mandated paid sick days, some companies are stepping up

In absence of mandated paid sick days, some companies are stepping up

As it becomes increasingly clear that workplaces are a key transmission location in the third wave of the COVID-19 pandemic, some Canadian employers are offering paid sick leave to their employees in the absence of government action.

COVID-19 takes a big bite out of Highway 407 traffic, revenues and profits

TORONTO — An increase in COVID-19 infections and restrictions in the Toronto area have resulted in a dramatic reduction in traffic on the Highway 407 toll road. The company that operates the freeway, 407 International Inc.
Amazon, Maple Leaf Foods, Maple Lodge Farms to hold vaccine clinics in Peel Region

Amazon, Maple Leaf Foods, Maple Lodge Farms to hold vaccine clinics in Peel Region

TORONTO — Peel Region says Amazon, Maple Leaf Foods and Maple Lodge Farms will hold on-site vaccine clinics for workers in the coming weeks.

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (19,031.64, down 111.61 points.) Pine Cliff Energy Ltd. (TSX:PNE). Energy. Down one cent, or 3.7 per cent, to 26 cents on 12.
North American stock markets fall on report of near doubling of U.S. capital gains

North American stock markets fall on report of near doubling of U.S. capital gains

TORONTO — North American stock markets moved lower Thursday on a report that U.S. President Joe Biden is planning to nearly double the capital gains tax on wealthier Americans.