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OSC withdraws some charges against former CannTrust leaders at pretrial hearing

OSC withdraws some charges against former CannTrust leaders at pretrial hearing

VAUGHAN, Ont. — Three former CannTrust Holdings Inc. leaders accused of securities offences have had some charges dropped, the Ontario Securities Commission said Tuesday, though the fraud charges remain.
Fed officials signal rates may head to 'restrictive' levels

Fed officials signal rates may head to 'restrictive' levels

WASHINGTON (AP) — Federal Reserve officials agreed when they met earlier this month that they may have to raise interest rates to levels that would weaken the economy as part of their drive to curb inflation, which is near a four-decade high .
BMO reports profit up as loan growth continues, expenses also creep higher

BMO reports profit up as loan growth continues, expenses also creep higher

TORONTO — BMO Financial Group said Wednesday that loan growth remained strong in the second quarter as businesses kept investing and residential mortgages were up, but that it is also ramping up its risk assessments as economic pressures including in
After digital asset crash, Canadian crypto companies look to the future

After digital asset crash, Canadian crypto companies look to the future

TORONTO — The digital asset industry has seen nearly US$2 trillion in market value wiped out over the last several months — a staggering US$300 billion during the week of May 9 alone — but some crypto watchers see this moment as an opportunity for th
Turkey demands 'concrete steps' to back Nordics' NATO bids

Turkey demands 'concrete steps' to back Nordics' NATO bids

ANKARA, Turkey (AP) — A senior Turkish official insisted after talks with Swedish and Finnish officials Wednesday that Turkey would not agree to the two Nordic countries joining NATO unless specific steps are taken to address Ankara's objections.
UK's Johnson faulted for lockdown parties but won't quit

UK's Johnson faulted for lockdown parties but won't quit

LONDON (AP) — An investigative report released Wednesday blamed British Prime Minister Boris Johnson and other senior leaders for allowing boozy government parties that broke the U.K.
Davos gathering overshadowed by global economic worries

Davos gathering overshadowed by global economic worries

DAVOS, Switzerland (AP) — Soaring inflation. Russia’s war in Ukraine . Squeezed supply chains. The threat of food insecurity around the world. The lingering COVID-19 pandemic .
Trevali says bodies of four missing workers found, four more still missing

Trevali says bodies of four missing workers found, four more still missing

VANCOUVER — Trevali Mining Corp. says the bodies of four workers missing since its Perkoa Mine in Burkina Faso flooded last month have been found. Four other workers remain missing.
UK govt approves sale of Chelsea by sanctioned Abramovich

UK govt approves sale of Chelsea by sanctioned Abramovich

LONDON (AP) — Roman Abramovich’s 19 years as Chelsea owner is closer to ending after the British government approved the sale of the Premier League club by the sanctioned Russian oligarch to a consortium fronted by Los Angeles Dodgers part-owner Todd
Golden State-Dallas playoff games score in weekly TV ratings

Golden State-Dallas playoff games score in weekly TV ratings

LOS ANGELES (AP) — When the NBA playoffs take the TV court even the most popular shows find the competition daunting. Last week's No.