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Hudson’s Bay pushes for Ruby Liu’s $69M takeover of leases as court showdown stretches into Friday

By News Room

Bankrupt Hudson’s Bay Corporation told court Thursday that accepting B.C. billionaire Weihong ‘Ruby’ Liu’s offer of $69 million for its 25 leases is

Bank bosses strike cautious tone on earnings calls as trade uncertainty lingers

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The tone was more cautious than doom-and-gloom this week as executives at Canada’s big six banks released third-quarter results and

CIBC third-quarter profit beats expectations as it weathers macroeconomic uncertainty

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CIBC reported a jump in profits that beat analyst expectations as its outgoing chief executive said the bank is well

TD Bank posts Q3 profit as it continues recovery from anti-money laundering charges

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TORONTO - TD Bank Group swung to a profit in its latest quarter compared to last year as it continues

S&P/TSX composite down in late-morning trading Thursday, U.S. stock markets mixed

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TORONTO - The financial sector helped weigh down Canada’s main stock index in late-morning trading on Thursday, while U.S. stock

Spirits maker Diageo to close Amherstburg, Ont., bottling facility next year

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LONDON - Spirits maker Diageo says it will cease operations at its bottling facility in Amherstburg, Ont., early next year,

Postal services that suspended U.S. shipments need time to prepare for new tariffs, UN agency says

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The United Nations agency that coordinates international mail deliveries says it is working to get small parcels dispatched to the

B.C. billionaire’s bid to take over Hudson’s Bay leases set for final showdown Thursday as defunct retailer makes case in court

By News Room

Hudson’s Bay will head back to court Thursday morning to seek approval to compel the transfer of its 25 leases

CIBC reports third-quarter profit rose to $2.10 billion, revenue also up

By News Room

TORONTO - CIBC reported a third-quarter profit of $2.10 billion, up from $1.80 billion in the same quarter last year.The