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National Business
European Central Bank deploys stimulus to ease virus damage
FRANKFURT — The European Central Bank deployed targeted new stimulus measures to cushion the shock to the economy from the virus outbreak, but its president said monetary policy couldn't do it alone and called for a "decisive and determined” response
Mar 12, 2020 1:35 PM
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Starbucks stores may go drive-thru only or limit seating
Some Starbucks stores in the U.S. and Canada may become drive-thru only while others could limit the number of people allowed inside, the company said, one day after the World Health Organization declared the outbreak of coronavirus a pandemic.
Mar 12, 2020 12:48 PM
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Las Vegas movie exhibition CinemaCon cancelled due to virus
LOS ANGELES — The annual movie exhibition and trade show CinemaCon has been cancelled in Las Vegas due to coronavirus, scuttling one of Hollywood's premier hype machines.
Mar 12, 2020 10:18 AM
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FAA grounds operator that ran flights for pro sports teams
DALLAS — Federal officials have grounded a charter operator that carried professional baseball and hockey teams, saying the company and its pilots weren’t authorized for the kind of commercial venture they operated.
Mar 12, 2020 9:35 AM
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Claims for jobless benefits drop by 4,000
WASHINGTON — The number of Americans filing new claims for unemployment insurance fell last week for a second straight week, an indication that the coronavirus had not yet hit the labour market in a major way.
Mar 12, 2020 9:22 AM
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Dorel says factories in China delayed by COVID-19, production delayed
MONTREAL — Dorel Industries Inc. says its suppliers based in China delayed re-opening following the Chinese New Year due to the COVID-19 outbreak, with production delayed by two weeks in most cases.
Mar 12, 2020 8:51 AM
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Canadian Tire names Greg Hicks as new chief executive
TORONTO — Canadian Tire Corp. Ltd. has named Greg Hicks as president and chief executive, effective immediately. Hicks takes over from Stephen Wetmore, who is also stepping down as a member of the board.
Mar 12, 2020 7:53 AM
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WHO declares coronavirus a pandemic, urges aggressive action
GENEVA — The World Health Organization declared the coronavirus a pandemic and urged aggressive action from all countries to fight it, as U.S.
Mar 12, 2020 12:42 AM
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Asian shares sink after Dow hit bear level on pandemic news
TOKYO — Asian shares plunged Thursday after the World Health Organization declared a coronavirus pandemic and indexes sank on Wall Street. Japan's benchmark Nikkei 225 dived 4.2% in morning trading to 18,591.01. Australia's S&P/ASX 200 dropped 5.
Mar 11, 2020 11:52 PM
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Eric Martel leaving Hydro-Quebec to become president, CEO of Bombardier
MONTREAL — Bombardier Inc. is replacing chief executive Alain Bellemare as it moves ahead with its new focus on business jets.
Mar 11, 2020 10:58 PM
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