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Business

TSX opens higher amid positive tone from world markets, commodities

TORONTO - The Toronto Stock Market was higher Wednesday, boosted by a generally positive tone from commodities and world markets.

Canadian dollar unchanged amid positive tone from world markets, commodities

TORONTO - The Canadian dollar was flat Wednesday amid a generally positive tone from world markets and stronger commodity prices.

Telecom company Eastlink says Bell-Astral deal would make Bell too dominant

MONTREAL - Telecom company Eastlink remains opposed to Bell's bid to buy specialty TV and radio company Astral Media despite changes to the deal and is asking the CRTC to turn the merger down for a second time.

TSX poised to open higher due to positive tone from world markets, commodities

TORONTO - The Toronto Stock Market was poised for a slightly higher open Wednesday, boosted by a generally positive tone in the world markets and commodity prices.

Canadian dollar advances amid positive tone from world markets, commodities

TORONTO - The Canadian dollar was making moderate gains Wednesday, buoyed by a generally positive tone from world markets and stronger commodity prices.

Bangladesh police say death toll from garment factory collapse tops 800

DHAKA, Bangladesh - Bangladeshi police say the death toll from the collapse of a building housing five garment factories has passed 800 and is continuing to climb.

Pace of housing starts slowed in April says CMHC

OTTAWA - Canada Mortgage and Housing Corp. says the pace of housing starts slowed in April, mainly because of a decline in urban multiple starts.

Tim Hortons Q1 profit eases in expected 'soft quarter'; appoints new CEO

OAKVILLE, Ont. - Tim Hortons Inc. (TSX:THI) has reported a slight contraction in net income in what was expected to be a "soft" first quarter as the iconic coffee and doughnut chain announced the appointment of a new president and CEO.

Toyota quarterly profit more than doubles to 314 billion yen ($3.2 billion) on yen, cost cuts

TOKYO - Toyota's quarterly profit more than doubled to 313.9 billion yen ($3.2 billion) as cost cuts and better sales worked with a weakening yen to add momentum to the automaker's comeback.

Quebecor Q1 net profit cut in half to $35.6M; revenue static at $.105B

MONTREAL - Quebecor Inc. (TSX:QBR.B) has reported a sharp drop in first-quarter net income, although revenues remained stable overall, falling less than one per cent.

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