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Pot company SNDL to acquire the Valens Company in all-stock transaction

Pot company SNDL to acquire the Valens Company in all-stock transaction

CALGARY — Pot shop owner SNDL Inc. says it will acquire cannabis manufacturer the Valens Company Inc. and combine the businesses in an all-stock transaction it valued at $138 million.
Stocks post broad losses in early trading on Wall Street

Stocks post broad losses in early trading on Wall Street

NEW YORK (AP) — Stocks are opening broadly lower on Wall Street, extending the market’s losses. Losses last week broke a four-week winning streak for the S&P 500. The benchmark index was down 1.
Link shareholders vote to approve Dye & Durham takeover offer

Link shareholders vote to approve Dye & Durham takeover offer

TORONTO — Dye & Durham Ltd. says shareholders of Australian company Link Administration Holdings Ltd. have voted in favour of the company's proposed acquisition of Link Group.
‘Dragon Ball Super’ bests ‘Beast’ at box office with $20.1M

‘Dragon Ball Super’ bests ‘Beast’ at box office with $20.1M

Idris Elba may go head-to-head with a lion in “Beast,” but the action flick was no match for the latest “Dragon Ball” movie at the North American box office this weekend.
Canadian banks to report earnings amid rising interest rate environment

Canadian banks to report earnings amid rising interest rate environment

TORONTO — Canadian banks will give some insight into where they see the economy going when they start to report quarterly earnings this week.
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: German chancellor visit German Chancellor Olaf Scholz is visiting Canada this week.
With international eyes on Newfoundland's hydrogen potential, some remain skeptical

With international eyes on Newfoundland's hydrogen potential, some remain skeptical

ST. JOHN'S, N.L. — As Germany turns to Canada for energy, all eyes are on a cluster of small western Newfoundland towns that could soon be home to two massive wind-powered hydrogen and ammonia projects. But there is skepticism among observers.
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 (20,111.38, down 153.99 points.) Canadian Natural Resources Ltd. (TSX:CNQ). Energy. Down three cents, or 0.04 per cent, to $72.39 on 18.
North American markets retreat; tech, crypto stocks fall sharply

North American markets retreat; tech, crypto stocks fall sharply

Canada's main stock index fell Friday, part of a broad-based retreat that also affected U.S. markets and brought with it significant losses in technology and cryptocurrency stocks. The S&P/TSX composite index closed down 153.99 points at 20,111.
Russia's Gazprom to shut gas pipeline to Europe for 3 days

Russia's Gazprom to shut gas pipeline to Europe for 3 days

MOSCOW (AP) — A key Russian natural gas pipeline will shut down for three days of maintenance at the end of this month, the state-owned energy company Gazprom announced Friday, raising economic pressure on Germany and other European countries that de