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Purdue Pharma pleas could bolster efforts for Canadian opioid class action

Purdue Pharma pleas could bolster efforts for Canadian opioid class action

TORONTO — A Canadian class action against opioid makers will start the process of getting certified in a hearing next month, a key test on how courts here will handle a case that is making waves in the U.S.
S&P/TSX composite inches higher on strength of energy and telecommunications sectors

S&P/TSX composite inches higher on strength of energy and telecommunications sectors

TORONTO — Canada's main stock index inched higher on gains by the key energy sector and the result of strong telecommunications quarterly results. The S&P/TSX composite index closed up 49.13 points to 16,279.36.
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 Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (16,279.36, up 49.13 points.) Air Canada (TSX:AC). Industrials. Up $1.10, or 7.02 per cent, to $16.77 on 7.8 million shares.
Rogers says its progress in Q3 shows it's on right track in tough environment

Rogers says its progress in Q3 shows it's on right track in tough environment

TORONTO — Rogers Communications kicked off its industry's fall earnings season Thursday by reporting a healthy recovery from the early months of the COVID-19 pandemic, although the results remained lower than last year as its advertisers and consumer
Precision Drilling shares rise despite $28.5M loss, 56 per cent slide in revenue

Precision Drilling shares rise despite $28.5M loss, 56 per cent slide in revenue

CALGARY — Shares in Precision Drilling Corp. closed 8.6 per cent higher on Thursday after it reported a steeper loss and lower revenue in the third quarter but handily beat adjusted earnings expectations.
Corus sees glimmers of growth from its content studios but ad revenue under pressure

Corus sees glimmers of growth from its content studios but ad revenue under pressure

TORONTO — Corus Entertainment continued to suffer from the economic effects of COVID-19 during June, July and August but the pandemic had an uneven impact on different parts of its business during the quarter, its chief executive said Thursday.
Goldman Sachs subsidiary pleads to US charges in 1MDB probe

Goldman Sachs subsidiary pleads to US charges in 1MDB probe

WASHINGTON — A subsidiary of Goldman Sachs pleaded guilty on Thursday and agreed to pay more than $2.
WestJet to refund some passengers whose flights were cancelled because of COVID-19

WestJet to refund some passengers whose flights were cancelled because of COVID-19

WestJet says it will begin providing refunds to passengers who had their WestJet and Swoop flights cancelled by the airlines as a result of the COVID-19 pandemic.
N.S. First Nation struggles to find market for 'moderate livelihood fishery' lobster

N.S. First Nation struggles to find market for 'moderate livelihood fishery' lobster

HALIFAX — Cheryl Maloney, a Mi'kmaq treaty advocate and member of Sipekne'katik First Nation, stood on a wharf in the rural fishing village in Saulnierville, N.S.
Pandemic hurts AT&T in 3rd quarter; wireless unit stable

Pandemic hurts AT&T in 3rd quarter; wireless unit stable

NEW YORK — The pandemic continued to hit AT&T through the third quarter as closed theatres , wary U.S. moviegoers and the Hollywood shutdown hurt its WarnerMedia movie and TV business. The Dallas company’s largest division, wireless, was stable.