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Mutual funds get more room to meet investor redemptions amid COVID's volatility

Mutual funds get more room to meet investor redemptions amid COVID's volatility

TORONTO — Canada's securities regulators are giving mutual funds temporary additional flexibility to borrow money in response to recent market volatility amid the COVID-19 pandemic.
UK broadens two key schemes to limit lockdown's economic hit

UK broadens two key schemes to limit lockdown's economic hit

LONDON — The British government has broadened two of the biggest economic relief programs it has put in place to limit the economic fallout of the coronavirus pandemic.

Native American woman removed from Land O'Lakes packaging

ARDEN HILLS, Minn. — The Native American woman who has graced the packaging of Land O’Lakes butter, cheese and other products since the late 1920s has quietly disappeared.
Tech sector pivots to help with companies, health-care sector deal with COVID-19

Tech sector pivots to help with companies, health-care sector deal with COVID-19

TORONTO — Michael Hartley was overseeing the health, safety and environmental risks for a 6,200-person offshore oil project in the Caspian Sea when the Transocean Deepwater Horizon drilling rig exploded, killing 11 workers on board and releasing mill
Insurance companies cut group health plan premiums as claims fall

Insurance companies cut group health plan premiums as claims fall

TORONTO — Canadian insurance companies are slashing premiums in a bid to help small- and medium-sized businesses grappling with COVID-19.
Transat to rehire 4,000 employees with federal subsidy as planes remain parked

Transat to rehire 4,000 employees with federal subsidy as planes remain parked

MONTREAL — Transat A.T. Inc. plans to use the federal emergency wage subsidy to rehire 4,000 employees it had temporarily laid off after halting all flights due to the COVID-19 pandemic.
The Stars Group says first-quarter revenue a record, up 27 per cent

The Stars Group says first-quarter revenue a record, up 27 per cent

TORONTO — The Stars Group Inc. says it saw record revenue in its first quarter as COVID-19 led to an increase in online poker and casino games starting in March.
Musicians say CERB changes offer some financial relief as uncertainty persists

Musicians say CERB changes offer some financial relief as uncertainty persists

TORONTO — Chris McKhool still has many questions about how the federal government will support Canadian artists in the latest update to the COVID-19 emergency benefits program — but for now he's trying to stay focused on the music.
Asian shares climb on China data, Wall Street rally

Asian shares climb on China data, Wall Street rally

BANGKOK — Shares surged Friday in Asia after China reported economic data that, while bleak, was better than expected.
At Criterion Channel, programming a movable movie feast

At Criterion Channel, programming a movable movie feast

NEW YORK — Arthouses are closed. Film festivals are cancelled . But double features, matinees and film series continue to run unabated in one vital, virtual corner of moviedom.
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