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U.S. stock markets move higher to start August; gold briefly surpasses US$2,000

U.S. stock markets move higher to start August; gold briefly surpasses US$2,000

TORONTO — U.S. stock markets started the month higher as the price of gold briefly surpassed US$2,000 an ounce. In New York, the Dow Jones industrial average was up 118.61 points at 26,546.93. The S&P 500 index was up 18.14 points at 3,289.
Stingray Music adds Comcast Xfinity, five other U.S. platforms as partners

Stingray Music adds Comcast Xfinity, five other U.S. platforms as partners

MONTREAL — Stingray Group Inc. is expanding the reach of its music service through new partnerships with six U.S. platforms, including Comcast's Xfinity.
Pompeo says Trump to take broad action on Chinese software

Pompeo says Trump to take broad action on Chinese software

NEW YORK — President Donald Trump plans to take action on a what he sees as a broad array of national security risks presented by software connected to the Chinese Communist Party, Secretary of State Mike Pompeo said Sunday.
Five things to watch for in the Canadian business world in the coming week

Five things to watch for in the Canadian business world in the coming week

TORONTO — Five things to watch for in the Canadian business world in the coming week: Unemployment figures Statistics Canada will release its July labour force survey Friday. June's unemployment fell to 12.3 per cent after hitting a record high 13.
Trump says he'll act to ban TikTok in US as soon as Saturday

Trump says he'll act to ban TikTok in US as soon as Saturday

President Donald Trump says he will take action as soon as Saturday to ban Chinese-owned video app TikTok from the United States. Trump made the announcement to reporters Friday on Air Force One as he returned from Florida.

Most actively traded companies on the TSX

TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (16,169.20, down 130.09) Bombardier Inc. (TSX:BBD.B). Industrials. Up about two cents, or 3.33 per cent, to nearly $0.47 on 8.

Businesses could qualify for one more month of rent relief as program extended

OTTAWA — The government announced on Friday that the Canada Emergency Commercial Rent Assistance program has been extended once again, and will now cover a portion of August’s rent for businesses that qualify.
Q2 condo sales down 50 per cent from last year, but prices are up: TRREB

Q2 condo sales down 50 per cent from last year, but prices are up: TRREB

TORONTO — The Toronto Regional Real Estate Board says condominium apartment sales in the region have fallen by half since last year, with the average selling price is up.

NordStar gets court approval for Torstar deal after request for appeal denied

TORONTO — An appeals court has paved the way for NordStar Capital LP to purchase newspaper publisher Torstar Corp. for $60 million. Divisional Court Justice Michael Penny rejected a request today from rival bidder Canadian Modern Media Holdings Inc.
Toronto's main stock index falls more than 100 points on weak energy results

Toronto's main stock index falls more than 100 points on weak energy results

Toronto's main stock index shed more than 100 points to close the trading week as it was dragged down by the energy sector despite a boost to the price of oil. The S&P/TSX composite index fell 130.09 points to 16,169.