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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: Markets Investors will have their eye on the stock markets this week as Bay Street slows down in the wake of the second-quarter reports from Canada's big corporate
Calfrac Well Services rejects recapitalization offer from Wilks Brothers

Calfrac Well Services rejects recapitalization offer from Wilks Brothers

CALGARY — Calfrac Well Services Ltd. says a Texas company's proposed restructuring plan doesn't have sufficient support from unsecured noteholders and so it will continue with a debt-for-stock swap announced in July.
Black creatives in Italian fashion demand cultural reform

Black creatives in Italian fashion demand cultural reform

MILAN — The only Black designer belonging to Italy’s influential fashion council is demanding a "long overdue cultural reform’’ from her colleagues under the slogan: Do Black Lives Matter in Italy? The conversation has gotten off to a rocky start.
TMX Group names John McKenzie as new chief executive

TMX Group names John McKenzie as new chief executive

TORONTO — TMX Group Ltd. has named John McKenzie as its new chief executive, effectively immediately.
2020's crude price crash offers a bright spot for natural gas producers

2020's crude price crash offers a bright spot for natural gas producers

CALGARY — Veteran oilman Mike Rose says he doesn't want to "jinx it," but he admits it's not so bad heading the company that last year became the biggest producer of natural gas in Canada.

Robert Trump, the president’s younger brother, dead at 71

NEW YORK — President Donald Trump's younger brother, Robert Trump, a businessman known for an even keel that seemed almost incompatible with the family name, died Saturday night after being hospitalized in New York, the president said in a statement.

Minister says telecom regulator may have erred with wholesale rate decision

The federal government says it's concerned that a controversial regulatory decision last year may undermine investments in Canada's communications networks, particularly in rural and remote areas.
Correction: California Heat Wave story

Correction: California Heat Wave story

LOS ANGELES — In a story August 14, 2020, about California’s rolling power outages, The Associated Press erroneously reported that the state’s last such outages occurred in 2011. They occurred in 2001. The Associated Press

Most actively traded companies on the TSX

TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (16,514,61, down 15.45 points) D-Box Technologies Inc. (TSX:DBO). Technology. Up three cents, or 75 per cent, to seven cents on 15.
Competition Bureau launches probe of Amazon, seeks input from businesses

Competition Bureau launches probe of Amazon, seeks input from businesses

The Competition Bureau has launched a probe into Amazon's conduct to determine whether the online retailer is harming competition.