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UK public debt breaches 2 trillion-pound mark for first time

UK public debt breaches 2 trillion-pound mark for first time

LONDON — Britain's government debt has breached the 2 trillion-pound ($2.6 trillion) mark for the first time after heavy borrowing to support the economy during the coronavirus pandemic.

US home sales spike an unprecedented 24.7% in July

SILVER SPRING, Md. — U.S. home sales rose an unprecedented 24.7% in July as extraordinarily low mortgage rates, and a desire for more space in the pandemic, fuel demand.
Turkey discovers large natural gas reserve off Black Sea

Turkey discovers large natural gas reserve off Black Sea

ANKARA, Turkey — Turkish President Recep Tayyip Erdogan has announced the discovery of a large natural gas reserves off the Black Sea coast, days after he promised “good news” that would usher in a “new era” for the energy dependent country.
Ex-Trump aide Bannon pleads not guilty in border wall scheme

Ex-Trump aide Bannon pleads not guilty in border wall scheme

NEW YORK — President Donald Trump’s former chief strategist, Steve Bannon, was pulled from a luxury yacht and arrested Thursday on allegations that he and three associates ripped off donors trying to fund a southern border wall, making him the latest

Independent ISP TekSavvy blames large carriers, cabinet for a planned price hike

TORONTO — One of Canada's largest independent internet companies is raising prices for the second time this year amid an ongoing battle over the wholesale prices charged by network owners.
End of CERB could complicate EI system, open door to basic income, senator says

End of CERB could complicate EI system, open door to basic income, senator says

An independent member of Canada's unelected Senate is advocating for an experimental basic income program at the provincial level, citing the complications to the employment insurance program after the end of the Canada Emergency Response Benefit.

Most actively traded companies on the TSX

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (16,606.76, up 29.38 points) Manulife Financial Corp. (TSX:MFC). Financial Services. Down 20 cents, or 1.01 per cent, to $19.56 on 14.
Dollarama workers call for resumption of pay raise amid the pandemic

Dollarama workers call for resumption of pay raise amid the pandemic

MONTREAL — Dollarama workers in Montreal are demanding higher wages and better working conditions after the retailer ended its temporary coronavirus pay boost earlier this month.
Major North American indexes up on possible COVID-19 vaccine news

Major North American indexes up on possible COVID-19 vaccine news

TORONTO — Major North American indexes advanced Thursday as news emerged about an upcoming COVID-19 vaccine trial.
Canadians trading, investing gold and silver after prices surge with COVID-19

Canadians trading, investing gold and silver after prices surge with COVID-19

TORONTO — Soaring gold and silver prices have lured Canadians to sell their unwanted jewelry or invest even more in the precious metals with the hope of even larger profits.