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Michael Kors ups the glamour, buys Versace for $2 billion

Michael Kors ups the glamour, buys Versace for $2 billion

NEW YORK — Michael Kors is buying the Italian fashion house Versace in a deal worth more than $2 billion (1.83 billion euros), continuing its hard charge into the world of high-end fashion.
Teck Resources takes $20.6B Frontier oilsands mine project to joint hearing

Teck Resources takes $20.6B Frontier oilsands mine project to joint hearing

FORT MCMURRAY, Alta. — In a sign that the oilsands mining industry can't be counted out just yet, public hearings into the proposed $20.6-billion Frontier Oil Sands Mine project begin in Fort McMurray, Alta., today.
California urges Trump to drop plan for weaker fuel standard

California urges Trump to drop plan for weaker fuel standard

FRESNO, Calif.

US approves sale of $330 million in military gear to Taiwan

WASHINGTON — The Trump administration says it has approved the sale to Taiwan of $330 million in spare parts and related support for Taiwan's F-16 fighters and other military aircraft.
Aurora Cannabis revenues more than triples to $19.1 million in fourth quarter

Aurora Cannabis revenues more than triples to $19.1 million in fourth quarter

EDMONTON — Aurora Cannabis Inc. capped a busy year by seeing its revenues more than triple to $19.1 million in the fourth quarter. The Edmonton company says revenues for the three months ended June 30 were up from $5.9 million a year earlier.
Toronto stocks lower despite rising crude prices, US markets mixed

Toronto stocks lower despite rising crude prices, US markets mixed

TORONTO — Canada's main stock index and the Canadian dollar lost ground Monday even though crude oil hit a near four-year high and Barrick Gold announced a large deal that drove up the gold sector. The November crude contract rose US$1.30 to $72.
TREB CEO concerned about homeowner info being posted online after data release

TREB CEO concerned about homeowner info being posted online after data release

TORONTO — The Toronto Real Estate Board is "pressing ahead" with the Competition Bureau's demand to make home sales data available on realtors' password-protected websites, but that doesn't mean the board's concerns around privacy are gone.
Barrick buying Randgold in all-stock deal to create global mining giant

Barrick buying Randgold in all-stock deal to create global mining giant

TORONTO — Barrick Gold Corp. has agreed to take over Randgold Resources in an all-share deal worth about $7.9 billion that will solidify its position as the world's biggest gold producer after years of cutbacks. Randgold investors will receive 6.

Most actively traded companies on the TSX

Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (16,207.32, down 16.81 points). RNC Minerals. (TSX:RNX). Metals. Up 59 cents, or 105.4 per cent, to $1.15 on 71.5 million shares.
Empire's Farm Boy acquisition a good move despite previous struggles: experts

Empire's Farm Boy acquisition a good move despite previous struggles: experts

Empire Co. Ltd.