Monthly Archive: May 2018

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‘Amazing China’ documentary more fiction than fact

SHANGHAI — A company that made shoes for Ivanka Trump and is accused of serious labour abuses in China is being celebrated in a blockbuster propaganda movie. “Amazing China” praises the Huajian Group for spreading Chinese influence and sharing China’s prosperity with Africa. But workers from Huajian’s factories in Ethiopia tell The Associated Press their […]

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Eby cancels tax town hall in Point Grey riding over safety, blames Liberals

VANCOUVER — British Columbia Attorney General David Eby says he cancelled a town hall meeting on a property-tax increase amid security concerns ignited by the leader of the Opposition. Eby said he became worried about safety and security issues connected to the event in his Vancouver-Point Grey riding after Liberal Leader Andrew Wilkinson and others […]

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Aurora completes acquisition of CanniMed

VANCOUVER — Aurora Cannabis Inc. says it’s completed its acquisition of CanniMed Therapeutics Inc. The company says in a statement it has acquired all the remaining issued and outstanding shares of CanniMed that it did not already own. It says CanniMed’s shares were delisted from the Toronto Stock Exchange at the close of business Tuesday. […]

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Protective Life completes acquisition of Boston firm

Protective Life, a wholly owned US subsidiary of Dai-ichi Life, has completed the acquisition of all the individual life and annuity business of Liberty Life Assurance Company of Boston (Liberty Life). Source: Insurance Business

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California ruling a ‘seismic shift’ for gig economy workers

LOS ANGELES — A California Supreme Court ruling that would limit businesses from classifying workers as independent contractors who aren’t eligible for certain benefits and employment protections was hailed as a big victory for labour and could shake up the state’s so-called gig economy. The unanimous ruling Monday in a case involving package delivery drivers […]

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Apple’s tax break yields $102 billion boon for shareholders

SAN JOSE, Calif. — Apple’s tax break on its overseas profits is turning into a $102 billion boon for shareholders. The iPhone maker is raising its quarterly dividend by 16 per cent to 73 cents per share, matching the largest increase since Apple restored the payment under shareholder pressure six years ago. Raising the dividend […]

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FAA widens inspection of engines after Southwest accident

WASHINGTON — Federal regulators are expanding an emergency order for airlines to inspect fan blades in the engines of Boeing 737 jets for cracks that indicate wear and tear. The Federal Aviation Administration said Tuesday it will require blades on certain CFM engines be inspected before they hit 20,000 flights. Engines that have reached that […]