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Big Three gain market share while auto sales down but rebounded in June

Big Three gain market share while auto sales down but rebounded in June

The Big Three North American automakers have increased their market share so far this year as a decrease in Canadian vehicle sales in June started to show signs of a rebound from COVID-19, according to DesRosiers Automotive Consultants Inc.

Postmedia workers at Toronto printing plant officially unionized by CMG

TORONTO — The Canadian Media Guild says press room workers at Postmedia's Toronto printing plant have officially been unionized.

Most actively traded companies on the TSX

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (15,622.40, up 107.18 points.) Bombardier Inc. (TSX:BBD.B). Industrials. Up 1.5 cents, or 3.57 per cent, to 43.5 cents on 7.
North American stock market celebrations of U.S. jobs report muted by COVID cases

North American stock market celebrations of U.S. jobs report muted by COVID cases

TORONTO — Record daily COVID-19 infections in Florida muted some of the celebrations on North American stocks markets prompted by a stronger-than-expected U.S. jobs report. The S&P/TSX composite index closed up 107.18 points at 15,622.
British judge denies Maduro Venezuela's gold in London bank

British judge denies Maduro Venezuela's gold in London bank

LONDON — A British judge on Thursday refused to give Venezuela's Nicolás Maduro control of nearly $2 billion in gold sitting in a Bank of England vault because Britain does not recognize the socialist leader as president of the Latin American nation.
Nestle Canada selling bottled water business to local family-owned company

Nestle Canada selling bottled water business to local family-owned company

TORONTO — Nestle Canada Inc. says it is selling its Pure Life bottled water business to Ice River Springs as Ontario prepares to give its municipalities veto power over new water bottling permits.
Trade deficit narrowed in May as exports rose and imports fell again

Trade deficit narrowed in May as exports rose and imports fell again

OTTAWA — Canada's trade deficit shrank in May as auto industry exports picked up after disastrous performance in April, but exports were still down sharply compared with a year ago.

Tigers announce partnership with sportsbook operator

DETROIT — The Tigers became the first Major League Baseball team to reach a deal with a sports gambling company, announcing a multiyear partnership Thursday with PointsBet.
US trade deficit rises 9.7% in May to $54.6 billion

US trade deficit rises 9.7% in May to $54.6 billion

WASHINGTON — The U.S. trade deficit rose for the third straight month in May. Both exports and imports fell as the coronavirus outbreak continued to take a toll on world commerce.
Sagicor Financial calls off deal with Scotiabank in Trinidad and Tobago

Sagicor Financial calls off deal with Scotiabank in Trinidad and Tobago

TORONTO — Sagicor Financial Co. Ltd. says it will not go ahead with its acquisition of ScotiaLife Trinidad and Tobago Ltd. The company made the decision after it and Scotiabank Trinidad and Tobago Ltd.