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National Business
National Business
Malaysia's 1MDB, former unit file suits to recover $23 bln
KUALA LUMPUR, Malaysia — Malaysia's finance ministry said Monday that sovereign wealth fund 1MDB and a former subsidiary have filed 22 lawsuits to recover assets worth over $23 billion from various institutions and individuals.
May 10, 2021 11:47 AM
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Vaccine maker BioNTech says no need to waive patents
BERLIN — The head of German pharmaceutical company BioNTech said Monday that there is no need to waive patents on coronavirus vaccines because manufacturers will be able to produce enough shots to supply the world over the coming year.
May 10, 2021 11:46 AM
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US opens probe of steering problems in Honda Accord sedans
DETROIT — The U.S. government's auto safety agency is investigating multiple complaints about steering failures that could affect more than 1.1 million Honda Accord sedans.
May 10, 2021 11:46 AM
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Americans set another pandemic-era record for air travel
Americans set a record for pandemic-era air travel, then broke it again over the Mother's Day holiday weekend. The Transportation Security Administration said that slightly more than 1.
May 10, 2021 11:45 AM
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RF Capital posts larger net loss in Q1 after buying rest of Richardson Wealth
TORONTO — RF Capital Group Inc. had a $7.5-million net loss in the quarter ended March 31, the first full reporting period since it acquired full ownership of Richardson Wealth in October. The company formerly known as GMP Capital Inc.
May 10, 2021 11:45 AM
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Sturgeon: Scotland independence vote matter of when, not if
LONDON — Scotland's leader told British Prime Minister Boris Johnson Sunday that a second Scottish independence referendum is “a matter of when, not if," after her party won its fourth straight parliamentary election.
May 9, 2021 2:35 PM
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Queen's cousin accused of willingness to sell Kremlin access
LONDON — An investigative report by British media said Sunday that Queen Elizabeth II’s cousin, Prince Michael of Kent, was willing to use his royal status for personal profit and to seek favours from Russian President Vladimir Putin.
May 9, 2021 11:55 AM
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Companies offer vaccinated customers freebies and discounts in marketing push
TORONTO — Canadian companies are trying to move the needle on COVID-19 vaccinations with discounts and freebies for customers who show proof they've received their first dose.
May 9, 2021 10:00 AM
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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: Canada Goose earnings Canada Goose will release Q4 results on Thursday.
May 9, 2021 10:00 AM
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Eyeing reelection bid, Macron looks to repair French economy
PARIS — President Emmanuel Macron’s plans for bringing France out of the pandemic aren't just about resuscitating long-closed restaurants, boutiques and museums. They are also about preparing his possible campaign for a second term.
May 9, 2021 7:19 AM
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