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Teck Resources, Anglo American shareholders to vote on deal to create copper giant
Shareholders are poised to vote on a plan by Anglo American PLC and Teck Resources Ltd. to join forces to create one of the world’s biggest copper miners. The first meeting is set to take place in London, where a majority of Anglo American shares must be voted in favour of the deal for it […]
Czech populist billionaire Andrej Babiš sworn in as new prime minister
PRAGUE (AP) — Populist billionaire Andrej Babiš was sworn in Tuesday as the Czech Republic’s new prime minister, following October’s parliamentary election, in a return to power for the businessman. Babiš, who was previously prime minister from 2017-2021, promised Czechs that he “will fight for their interests at home and anywhere in the world” and […]
IMF approves $1.2 billion for Pakistan from bailout, citing progress on economic and climate reforms
ISLAMABAD (AP) — The International Monetary Fund on Tuesday approved the release of $1.2 billion to Pakistan, giving the cash-strapped country a fresh boost as it works to recover from one of its worst economic crises in years. The IMF in a statement said its executive board completed two reviews of Pakistan’s economic programs, clearing […]
Gasoline prices fall across Nova Scotia
A small dip in the price of gasoline as we head into the first weekend of December. In its weekly adjustment Friday morning, the Nova Scotia Energy Board dropped the price of a litre of regular self-serve by three cents to 136.0. The cost of diesel has not changed, with the price holding steady at […]
Trump says he’s fixing affordability problems. He’ll test out that message at a rally
WASHINGTON (AP) — President Donald Trump will road-test his claims that he’s tackling Americans’ affordability woes at a Tuesday rally in Mount Pocono, Pennsylvania — shifting an argument made in Oval Office appearances and social media posts to a campaign-style event. The trip comes as polling consistently shows that public trust in Trump’s economic leadership […]
Takeover bid of parent company means limbo for CNN, some fellow cable networks
Paramount Skydance’s hostile takeover bid of Warner Bros. Discovery, announced Monday, places CNN and its sister cable networks squarely back into what is likely to be an extended period of management limbo. There was some relief at CNN with last Friday’s announcement that Netflix was buying Warner’s studio and streaming businesses, since the cable network […]
Friday morning outage knocks out electricity along Peggys Cove Road
Just over 2,500 Nova Scotia Power customers on Peggys Cove Road woke up Friday morning in the dark after an outage knocked out electricity for those living along the shore of St. Margaret’s Bay. The utility’s outage map showed it running along the road from Upper Tantallon to East Dover. Over 25,00 NSP customers were […]
Asian shares slip after Wall Street pulls back from its record heights
BANGKOK (AP) — Asian shares mostly fell Tuesday after U.S. stocks pulled away from their record heights, while U.S. futures edged higher. Tokyo’s Nikkei 225 index was the main outlier, gaining 0.1% to 50,655.10. Chinese markets declined as investors watched for news from the Central Economic Work Conference, an annual planning meeting of the ruling […]