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Sean Parker OK'd to buy stake in Peter Jackson's VFX studio

WELLINGTON, New Zealand — New Zealand authorities have approved tech billionaire Sean Parker’s purchase of a one-third stake in film director Peter Jackson’s visual effects studio.
Hong Kong media tycoon Jimmy Lai denied bail on fraud charge

Hong Kong media tycoon Jimmy Lai denied bail on fraud charge

HONG KONG — Outspoken Hong Kong pro-democracy advocate and media tycoon Jimmy Lai was refused bail on Thursday on a fraud charge amid a growing crackdown on dissent in the semi-autonomous city.
Waiting for passengers, American puts Boeing Max in the air

Waiting for passengers, American puts Boeing Max in the air

DALLAS — American Airlines is taking its long-grounded Boeing 737 Max jets out of storage, updating key flight-control software, and flying the planes in preparation for the first flights with paying passengers later this month.
Fed reports slowing US economic activity due to virus surge

Fed reports slowing US economic activity due to virus surge

WASHINGTON — A Federal Reserve survey of business conditions around the country found that economic activity in several regions slowed in November as coronavirus cases surged.

Baytex Energy sets lower capital budget for 2021, targets positive free cash flow

CALGARY — Baytex Energy Corp. says its is budgeting for capital spending of between $225 million and $275 million next year, a reduction at the midpoint from what it expects to spend this year.
Who did it? TV viewers intrigued by HBO's 'The Undoing'

Who did it? TV viewers intrigued by HBO's 'The Undoing'

NEW YORK — The dramatic conclusion to “The Undoing,” HBO's whodunit starring Hugh Grant and Nicole Kidman, proved how it's still possible to bring people together in today's fragmented television world.

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (17,358.21, up 61.28 points.) BlackBerry Ltd. (TSX:BB). Technology. Up 50 cents, or 5.51 per cent, to $9.58 on 23.3 million shares.

Austria to allow Christmas skiing but many restrictions stay

VIENNA — Austria will allow skiing to start on Dec. 24, but will limit the capacity of ski lifts and keep restaurants, bars and hotels largely closed until early January, officials said Wednesday.
S&P/TSX composite index inches higher while loonie hits two-year high

S&P/TSX composite index inches higher while loonie hits two-year high

TORONTO — Canada's main stock index rose with help from energy sector while the loonie hit a two-year high. The S&P/TSX composite index closed up 61.28 points to 17,358.21. In New York, the Dow Jones industrial average was up 59.
Discovery's reality-heavy streaming service launches in Jan.

Discovery's reality-heavy streaming service launches in Jan.

Discovery is joining the increasingly crowded streaming fray with its own reality-focused service Discovery Plus that will include shows from the Food Network, HGTV, TLC and its other networks. It launches Jan 4.