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Cogeco names Frédéric Perron its new president and CEO; Philippe Jetté to retire

Cogeco names Frédéric Perron its new president and CEO; Philippe Jetté to retire

MONTREAL — Cogeco Inc. has named Frédéric Perron its new president and CEO, succeeding Philippe Jetté, who is retiring. Perron is taking the helm of the Montreal-based company and its Cogeco Communications Inc.
Insolvencies to stay higher in 2024 as economy normalizes from pandemic lows: experts

Insolvencies to stay higher in 2024 as economy normalizes from pandemic lows: experts

Business insolvencies will likely remain elevated throughout 2024, experts said, as the economy plays catch-up after historically low levels during the pandemic. “We did have ... so many years of artificially low filings.
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: Household debt Statistics Canada will release Wednesday its national balance sheet and financial flow accounts figures for the fourth quarter of 2023.
Big changes are coming to how Canadians bank, but adoption likely to be slow

Big changes are coming to how Canadians bank, but adoption likely to be slow

TORONTO — A long-promised revolution in banking is headedto Canada, but you might not notice when it arrives.
Saudi oil giant Aramco announces $121 billion profit last year, down from 2022 record

Saudi oil giant Aramco announces $121 billion profit last year, down from 2022 record

DUBAI, United Arab Emirates (AP) — Saudi oil giant Aramco on Sunday reported it made $121 billion in profit last year, down from its 2022 record due to lower energy prices. Aramco made the announcement in a filing in Riyadh's Tadawul stock market.
Biden signs a package of spending bills passed by Congress just hours before a shutdown deadline

Biden signs a package of spending bills passed by Congress just hours before a shutdown deadline

WASHINGTON (AP) — President Joe Biden on Saturday signed a $460 billion package of spending bills approved by the Senate in time to avoid a shutdown of many key federal agencies.
Congress passes first package of spending bills just hours before shutdown deadline for key agencies

Congress passes first package of spending bills just hours before shutdown deadline for key agencies

WASHINGTON (AP) — The Senate on Friday approved a $460 billion package of spending bills in time to meet a midnight deadline for avoiding a shutdown of many key federal agencies, a vote that gets lawmakers about halfway home in wrapping up their appr
S&P/TSX composite creeps lower Friday, U.S. markets also down after jobs reports

S&P/TSX composite creeps lower Friday, U.S. markets also down after jobs reports

TORONTO — Canada's main stock index crept lower on Friday while U.S. markets were also down, led by a 1.2-per cent loss on the Nasdaq after both countries saw fresh jobs data.
Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (21,737.53, down 57.03 points): Canadian Natural Resources Ltd. (TSX:CNQ). Energy. Down 33 cents, or 0.34 per cent, to $96.72 on 16.
France enshrines abortion as a constitutional right as the world marks International Women's Day

France enshrines abortion as a constitutional right as the world marks International Women's Day

PARIS (AP) — France inscribed the guaranteed right to abortion in its constitution Friday, in a world first and a powerful message of support to women around the globe on International Women’s Day .