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North American stock markets rebound as weaker U.S. dollar pushes commodities higher

North American stock markets rebound as weaker U.S. dollar pushes commodities higher

TORONTO — North American stock markets rebounded from last week's Fed-induced losses as a falling U.S. dollar prompted a commodities rally. Gold and silver prices climbed, copper rose and crude oil reached its highest level since October 2018.

Timeline: The ups and downs of Air Canada's abandoned deal for Transat

MONTREAL — Air Canada and Transat AT have mutually agreed to terminate the $190-million purchase of Transat after the European Commission indicated its unwillingness to approve the transaction.
Travel company Transat AT ends takeover offer talks with Péladeau

Travel company Transat AT ends takeover offer talks with Péladeau

MONTREAL — Transat AT Inc. says talks with Pierre Karl Péladeau regarding the potential acquisition of the travel company have ended without a deal.
Inter Pipeline rejects revised hostile takeover offer by Brookfield Infrastructure

Inter Pipeline rejects revised hostile takeover offer by Brookfield Infrastructure

CALGARY — Inter Pipeline Ltd. has rejected a revised hostile takeover offer by Brookfield Infrastructure Partners LP that allows shareholders to receive their payment entirely in cash instead of a mix of cash and shares if they want.
Spielberg's Amblin to make several films a year for Netflix

Spielberg's Amblin to make several films a year for Netflix

NEW YORK (AP) — Steven Spielberg, a filmmaker synonymous with big-screen enchantment, has set a new deal with Netflix in which his production company, Amblin Partners, will make multiple feature films per year for the streaming giant.
Indigenous businesses in need of financial aid face barriers to accessing relief

Indigenous businesses in need of financial aid face barriers to accessing relief

TORONTO — Most of the weddings Tammy Maki caters were cancelled when the COVID-19 pandemic began. The Sudbury, Ont. chef had a no-refunds policy, but couples were in such despair she gave some money back and allowed others to postpone bookings.
High court sides with ex-athletes in NCAA compensation case

High court sides with ex-athletes in NCAA compensation case

WASHINGTON (AP) — In a ruling that could help push changes in college athletics, the Supreme Court on Monday unanimously ruled that the NCAA can't enforce certain rules limiting the education-related benefits — things like computers and graduate scho
Iran’s sole nuclear power plant undergoes emergency shutdown

Iran’s sole nuclear power plant undergoes emergency shutdown

TEHRAN, Iran (AP) — Iran’s sole nuclear power plant has undergone an unexplained temporary emergency shutdown, the country's state TV reported.
Sweden's PM loses confidence vote amid housing crisis

Sweden's PM loses confidence vote amid housing crisis

STOCKHOLM (AP) — Stefan Lofven, Sweden’s Social Democratic prime minister since 2014, lost a confidence vote in parliament on Monday amid a housing crisis and skyrocketing real estate prices, making him the first Swedish government leader ever to los

Couric book tour this fall will be in-person, in theaters

NEW YORK (AP) — For her tour this fall to promote her memoir “Going There,” Katie Couric is anticipating not only the interest of her fans but a return to something like a pre-pandemic world.