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Fed to end relaxed capital requirements for large banks

Fed to end relaxed capital requirements for large banks

WASHINGTON — The Federal Reserve says it will restore capital requirements for large banks that were relaxed as part of the Fed’s efforts to shore up the financial system during the early days of the pandemic.
L.L. Bean sees sales boom amid pandemic's push to outdoors

L.L. Bean sees sales boom amid pandemic's push to outdoors

FREEPORT, Maine — With Americans hunkering down and hankering to get outdoors during the pandemic, L.L. Bean recorded its best annual sales growth in nearly a decade, the company said Friday.
New Look Vision sold to group including CDPQ and private equity firm FFL Partners

New Look Vision sold to group including CDPQ and private equity firm FFL Partners

MONTREAL — An investor group including the Caisse de depot et placement du Quebec has signed an agreement to buy New Look Vision Group Inc. in a deal that values the company at about $800 million.
New Brunswick pulls plug on plans to privatize cannabis sales

New Brunswick pulls plug on plans to privatize cannabis sales

FREDERICTON — The New Brunswick government has decided not to privatize recreational cannabis sales.
Retail sales fall 1.1 per cent in January to $52.5B: Statistics Canada

Retail sales fall 1.1 per cent in January to $52.5B: Statistics Canada

OTTAWA — Canadian retail sales fell for a second consecutive month in January as many non-essential retailers were forced to restrict in-person shopping due to the pandemic, but early indications point to a rebound in February as the restrictions eas
Indonesian Muslim body clears AstraZeneca use in emergency

Indonesian Muslim body clears AstraZeneca use in emergency

JAKARTA, Indonesia — AstraZeneca's vaccine against COVID-19 was cleared Friday for use in Indonesia after the drug regulator declared it safe and clerics in the world’s most populous Muslim nation said a pig-derived element was acceptable in a pandem
Oilsands producer Suncor invests in carbon capture technology firm Svante

Oilsands producer Suncor invests in carbon capture technology firm Svante

CALGARY — Suncor Energy Inc. says it is investing in carbon capture technology company Svante Inc. as it looks for ways to reduce or offset greenhouse gas emissions from its extensive oil and gas operations.
Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (18,836.47, down 146.63 points.) Bombardier Inc. (TSX:BBD.B). Industrials. Up one cent, or 1.35 per cent, to 75 cents on 14.
S&P/TSX composite falls from record highs on rising bond yields after Fed comments

S&P/TSX composite falls from record highs on rising bond yields after Fed comments

TORONTO — Canada's main stock index pulled back from record highs on weakness in the energy and technology sectors amid rising bond yields.
AppDirect to grow Montreal presence following investment from Quebec government

AppDirect to grow Montreal presence following investment from Quebec government

MONTREAL — The Quebec government says it is investing in cloud software company AppDirect as part of a deal the government says will create 730 jobs in Montreal. The province will provide AppDirect Canada with a loan of at most $54.
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