The S&P/TSX Venture Composite Index (INDEXTSI:JX) fell 1.22 percent on the week to close at 610.22 on Friday (December 6). Meanwhile, the S&P/TSX Composite Index (INDEXTSI:OSPTX) posted a 0.16 percent increase to reach 25,691.8, while…
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Investing
Biden Admin Makes Big Angola Investment to Counter China’s Critical Minerals Dominance
by adminUS President Joe Biden directed an additional US$600 million to the Lobito Corridor project during a visit to Angola, reinforcing a commitment to enhancing critical minerals supply chains in the African region. The funding builds…
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Dollar General is testing same-day delivery to customers’ homes as the deep discounter tries to fend off fiercer competition with Walmart. On an earnings call Thursday, Dollar General CEO Todd Vasos said the retailer “soft launched” the…
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A federal judge rejected Boeing’s plea deal tied to a criminal fraud charge stemming from fatal crashes of its 737 Max aircraft. U.S. District Judge Reed O’Connor of the U.S. District Court for the Northern District of Texas expressed concern…
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Business
What Fed chief Powell said about crypto that may have aided bitcoin’s rally to $100,000
by adminBitcoin’s meteoric run may have gotten a little extra push from an unlikely source: Federal Reserve Chair Jerome Powell. In comments Wednesday about the cryptocurrency, the central bank leader noted that he does not and cannot…
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Mexico hopes to strike a deal with President-elect Donald Trump to limit the number of third-country deportees it could receive from the US, Mexican President Claudia Sheinbaum said on Thursday. A similar deal to send…
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World News
Paraguay kicks out visiting Chinese envoy for urging lawmakers to turn their backs on Taiwan
by adminParaguay on Thursday kicked out a Chinese envoy for allegedly interfering in its domestic affairs and urging the South American nation to break off ties and long friendship with Taiwan. The Chinese diplomat was given…
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A Catholic nun with the Sisters of Charity Institute in Milan was among 25 people arrested early Thursday morning for a litany of mafia-related crimes, including aiding and abetting extortion, drug trafficking, receiving stolen goods,…
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The goal of Syria’s rebel coalition, as it wrests another major city from government control this week, is ultimately to overthrow authoritarian President Bashar al-Assad, according to Abu Mohammad al-Jolani, the militant leader of the…
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World News
South Korea’s ruling party leader appears to throw weight behind presidential impeachment efforts in dramatic reversal
by adminThe head of South Korea’s ruling party said Friday it is necessary to suspend the president’s constitutional powers and suggested the party would change its earlier opposition to President Yoon Suk Yeol’s impeachment over his…