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Crude awakenings: stabilizing oil unlikely to improve the TSX's performance in 2018

Crude awakenings: stabilizing oil unlikely to improve the TSX's performance in 2018

TORONTO — While stabilizing oil prices helped Canadian equities break out of their doldrums in the second half of 2017, investors expecting the Toronto Stock Exchange to catch up with its outperforming global peers in the new year should instead anti

Departing UK infrastructure czar vows to fight Brexit

LONDON — Britain's outgoing infrastructure chief is vowing to fight Prime Minister Theresa May on Brexit policy.
3+ months after Maria, barely half of Puerto Rico has power

3+ months after Maria, barely half of Puerto Rico has power

SAN JUAN, Puerto Rico — Puerto Rico authorities said Friday that nearly half of power customers in the U.S.
Police: Prank led to police shooting unarmed Kansas man

Police: Prank led to police shooting unarmed Kansas man

KANSAS CITY, Mo. — Police and the FBI are investigating whether an argument over an online game prompted a hoax call that led to a house where an officer shot and killed a Kansas man who apparently wasn't involved in the dispute.
Aurora Cannabis purchases 450,000 shares, or 1.8%, of CanniMed Therapeutics

Aurora Cannabis purchases 450,000 shares, or 1.8%, of CanniMed Therapeutics

TORONTO — Aurora Cannabis Inc. (TSX:ACB) says it has purchased 450,000 common shares of CanniMed Therapeutics Inc. (TSX:CMED), equivalent to about 1.8 per cent of the company.

Most actively traded companies on the TSX

Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (16,209.13, down 12.82 points) Aurora Cannabis Inc. (TSX:ACB). Healthcare. Up 66 cents, or 7.38 per cent, to $9.60 on 51.9 million shares.

Price of oil cruises past US$60 mark, as TSX retreats from record-setting pace

TORONTO — Crossing the US$60 oil barrier wasn't enough to steer the Toronto stock index out of the red ahead of the New Year's Eve holiday weekend, as Canadian cannabis companies experienced a volatile trading day.
Valeant strikes deal to reduce its portion of Allergan settlement to $96.25M

Valeant strikes deal to reduce its portion of Allergan settlement to $96.25M

LAVAL, Que. — Valeant Pharmaceuticals International, Inc. (TSX:VRX) says it has agreed to pay US$96.25 million to settle lawsuits filed in California in the wake of the unsuccessful attempted hostile takeover in 2014 of Botox maker Allergan Inc.

Federal consumer agency delays report on Canadian banks' sales practices

OTTAWA — A federal agency won't be releasing the results of its review of business practices among Canada's major banks by the end of the year, as originally anticipated.

Toronto businessman accused of defrauding Chinese citizens arrested, released

TORONTO — The Ontario Securities Commission says a Toronto businessman charged last week with the fraudulent sale of hundreds of millions of dollars of securities to Chinese citizens has been arrested.