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Royal Bank Q4 profit up as CEO warns of decline in economic growth

Royal Bank Q4 profit up as CEO warns of decline in economic growth

TORONTO — Three promising COVID-19 vaccine candidates may have spurred optimism from investors, but Royal Bank of Canada's chief executive is warning the country is not rid of its pandemic troubles yet.
Fairfax agrees to sell RiverStone Europe insurance business for US$750 million

Fairfax agrees to sell RiverStone Europe insurance business for US$750 million

TORONTO — Fairfax Financial Holdings Ltd. has agreed to sell its interests in the RiverStone Europe insurance business to a fund managed by CVC Capital Partners.
Garda raises takeover bid for British security firm G4S, calls it a final offer

Garda raises takeover bid for British security firm G4S, calls it a final offer

MONTREAL — Garda World Security Corp. has raised its hostile takeover offer for British security firm G4S to 3.68 billion pounds or about C$6.3 billion.

A year in 60 secs: TikTok lists top videos, creators of 2020

NASHVILLE — From skateboarding to Fleetwood Mac to learning Cardi B's rump-shaking choreography, TikTok users got creative in a pandemic year with new songs, dances and memes in 60 seconds or less.
National Bank reports $492M fourth-quarter profit, beats expectations

National Bank reports $492M fourth-quarter profit, beats expectations

MONTREAL — National Bank of Canada topped expectations as it reported a fourth-quarter profit of $492 million. The Montreal-based bank says its profit for the quarter ended Oct. 31 amounted to $1.
China spacecraft lands on moon to bring rocks back to Earth

China spacecraft lands on moon to bring rocks back to Earth

BEIJING — A Chinese spacecraft sent to return lunar rocks to Earth collected its first samples Wednesday after landing on the moon, the government announced, adding to a string of successes for Beijing's increasingly ambitious space program.
Trump threatens defence veto over social media protections

Trump threatens defence veto over social media protections

WASHINGTON — President Donald Trump is threatening to veto a defence policy bill unless it ends protections for internet companies that shield them from being held liable for material posted by their users.
Elected officials dine out after urging others to stay home

Elected officials dine out after urging others to stay home

San Francisco Mayor London Breed dined at a posh Napa Valley restaurant the day after California's governor was there. San Jose Mayor Sam Liccardo went to his parents' house for Thanksgiving.

Judge throws out Trump rules limiting skilled-worker visas

CHICAGO — A federal judge on Tuesday struck down two Trump administration rules designed to drastically curtail the number of visas issued each year to skilled foreign workers.

BC Hydro makes further rate cut for 2020-21, customers get credit on bill next year

VANCOUVER — BC Hydro's residential customers will get a one-time credit of $4 on average early next year on their bills to reflect a change to its rates.