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American consumers more confident in November as holiday shopping season kicks into high gear

American consumers more confident in November as holiday shopping season kicks into high gear

American consumers are feeling slightly more confident this month as the all-important holiday shopping season kicks into high gear. The Conference Board, a business research group, said Tuesday that its consumer confidence index rose to 102 from 99.
Pipeline company TC Energy raises growth outlook for 2023

Pipeline company TC Energy raises growth outlook for 2023

CALGARY — TC Energy Corp. is raising its financial guidance for the year. The company says it now expects its comparable earnings before interest, taxes, depreciation and amortization for 2023 to be up about eight per cent from 2022.
Canada Goose buys European knitwear supplier Paola Confectii

Canada Goose buys European knitwear supplier Paola Confectii

TORONTO — Canada Goose Holdings Inc. says it has acquired a long-standing knitwear supplier and its European manufacturing facility. Financial terms of the deal for the operating assets of Paola Confectii Manufacturing were not immediately available.
Germany's leader vows fixes for a budget crisis as the economy struggles. But he offers few details

Germany's leader vows fixes for a budget crisis as the economy struggles. But he offers few details

FRANKFURT, Germany (AP) — German Chancellor Olaf Scholz vowed Tuesday that his government will work “as fast as possible” to lay out how to solve a budget crisis, but he offered few details on how he would achieve his goals of promoting clean energy
Russian court extends detention of Wall Street Journal reporter Gershkovich until end of January

Russian court extends detention of Wall Street Journal reporter Gershkovich until end of January

MOSCOW (AP) — A court in Moscow on Tuesday extended the detention of Wall Street Journal reporter Evan Gershkovich, arrested on espionage charges, until Jan. 30, Russian news agencies reported.
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 Monday on the Toronto Stock Exchange: Toronto Stock Exchange (20,032.66, down 70.45 points) Suncor Energy Inc. (TSX:SU). Energy. Down 71 cents, or 1.6 per cent, to $43.94 on 17 million shares.
S&P/TSX composite closes down moderately along with U.S. stock markets

S&P/TSX composite closes down moderately along with U.S. stock markets

TORONTO — Canada's main stock index closed down moderately Monday along with U.S. markets as investors stuck to a cautious outlook on the economy.
Pathways Alliance increasingly confident $16.5B carbon capture project will go ahead

Pathways Alliance increasingly confident $16.5B carbon capture project will go ahead

CALGARY — The oilsands industry group that has proposed building what would be one of the world's largest carbon capture and storage projects says it is more confident than ever it will go ahead with construction.
Stock market today: Wall Street edges lower as four-week winning streak cools off

Stock market today: Wall Street edges lower as four-week winning streak cools off

TOKYO — The major U.S. stock indexes ended slightly lower Monday as Wall Street looks ahead to updates on inflation and how American consumers are feeling about the economy. The S&P 500 slipped 0.2%.
Companies face delicate decisions on weighing in on Israel-Hamas conflict

Companies face delicate decisions on weighing in on Israel-Hamas conflict

TORONTO — Corporations are under increasing scrutiny for where they stand on the Israel-Hamas conflict as protesters push for peace.
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