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Selling aviation makes sense for Bombardier, says industry analyst

Selling aviation makes sense for Bombardier, says industry analyst

TORONTO — Despite potential political opposition, it would make more sense for Bombardier Inc. to sell its business jet division than its railway operations to address its staggering debt, an industry analyst said Wednesday.
Gaultier bids the runway adieu on final day of couture

Gaultier bids the runway adieu on final day of couture

PARIS — John Galliano put on a tongue-in-cheek show for Maison Margiela on the final day of Paris Fashion Week, as Jean Paul Gaultier bid adieu to the Paris couture runway with a fashion show and surprise guest singer Boy George at the Chatelet Theat
TSX resumes record climb, loonie falls after BoC says open to rate cuts

TSX resumes record climb, loonie falls after BoC says open to rate cuts

TORONTO — Canada's main stock index resumed its climb to record highs midweek as the Bank of Canada said it was finally open to lowering interest rates. The central bank kept interest rates on hold Wednesday at 1.
Rogers chief executive warns Ottawa against making negative regulatory changes

Rogers chief executive warns Ottawa against making negative regulatory changes

TORONTO — Rogers Communications Inc. plans to spend nearly $3 billion on capital investments this year but its chief executive warned Wednesday that amount could be reduced if Canada's government or telecom regulator adopt the wrong policies.
Hallmark media CEO leaves, month after same-sex ad backlash

Hallmark media CEO leaves, month after same-sex ad backlash

NEW YORK — The head of Hallmark's media business is leaving the company after 11 years, just a month after its flagship Hallmark Channel faced an outcry over a decision to pull an ad with a lesbian couple kissing.

Most actively traded companies on the TSX

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (17,599.86, up 27.58 points). Bombardier Inc. (TSX:BBD.B). Industrials. Down one cent, or 0.78 per cent, to $1.28 on 19.
Saudi crown prince's WhatsApp linked to Bezos phone hack

Saudi crown prince's WhatsApp linked to Bezos phone hack

DUBAI, United Arab Emirates — The cellphone of Amazon founder and Washington Post owner Jeff Bezos was hacked in what appeared to be an attempt by Saudi Arabia's crown prince to "influence, if not silence" the newspaper's reporting on the kingdom, tw
Scotiabank chief economist doubtful on recession, expects interest rate cut

Scotiabank chief economist doubtful on recession, expects interest rate cut

TORONTO — The Bank of Nova Scotia's senior vice president and chief economist isn't fretting over a potential recession because he believes predictions that one will hit Canada are "exaggerated.
Bank of Canada keeps key rate target on hold, trims growth expectations for 2020

Bank of Canada keeps key rate target on hold, trims growth expectations for 2020

OTTAWA — The Bank of Canada kept its key interest rate on hold at 1.
SNC-Lavalin recruits ex-Bombardier asset sales specialist to lead transformation

SNC-Lavalin recruits ex-Bombardier asset sales specialist to lead transformation

MONTREAL — SNC-Lavalin Inc. has recruited a former Bombardier executive who oversaw key asset sales to oversee the engineering and construction firm's strategic transformation.
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