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Bonterra board of directors says Obsidian takeover bid more of a 'take-under' bid
CALGARY — Bonterra Energy Corp. says a hostile buyout offer by Calgary-based rival Obsidian Energy Ltd. is more of a "take-under" than takeover bid because it's out of step with its market value.
Oct 6, 2020 12:23 PM
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Lumber, panel prices expected to remain elevated despite recent declines
CALGARY — Forest product market analysts expect prices for lumber and building panels in North America will remain strong for several years despite recent price declines after an unprecedented surge to record high levels over the summer.
Oct 6, 2020 11:22 AM
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Highlights of the British Columbia NDP's election platform
VANCOUVER — Highlights of the British Columbia NDP's platform in the Oct.
Oct 6, 2020 11:10 AM
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Surging appliance sales cause shortages ahead of business holiday shopping season
Appliance stores are grappling with a double whammy of surging demand and supply chain problems, resulting in mounting backorders ahead of the busiest shopping season of the year.
Oct 6, 2020 11:05 AM
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Boeing says pandemic will cut demand for planes for a decade
Boeing is lowering its expectations around demand for new planes over the next decade as the coronavirus pandemic continues to undercut air travel.
Oct 6, 2020 9:33 AM
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IMF head says global economy facing long climb to recovery
WASHINGTON — The head of the International Monetary Fund says that the global economy has started on a long climb to stronger growth with prospects looking a little better than four months ago.
Oct 6, 2020 9:32 AM
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US trade deficit up to $67.1 billion in August, 14-year high
WASHINGTON — The U.S. trade deficit rose in August to the highest level in 14 years. The Commerce Department reported Tuesday that the gap between the goods and services the United States sells and what it buys abroad climbed 5.9% in August to $67.
Oct 6, 2020 9:31 AM
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UK's hospitality sector sounds alarm on jobs amid curfew
LONDON — The U.K.'s pubs and restaurants could see well over 500,000 job losses by the end of 2020 as a result of new coronavirus restrictions, including the requirement they shut their doors at 10 p.m.
Oct 6, 2020 9:31 AM
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US job postings edge lower, to 6.49 million
WASHINGTON — U.S. employers advertised slightly fewer jobs in August as hiring ticked up modestly. The number of U.S. job postings on the last business day of August dipped to 6.49 million, down from 6.
Oct 6, 2020 9:06 AM
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Statistics Canada says trade deficit narrowed as both exports and imports fell
OTTAWA — Canada's merchandise trade deficit narrowed to $2.4 billion in August as both exports and imports edged lower following double-digit percentage gains in June and July.
Oct 6, 2020 7:58 AM
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