Bombardier signs deal to sell Aventra trains in U.K.

BERLIN - Bombardier Transportation (TSX:BBD.B) has signed a deal to supply 333 new rail cars, along with a contract for maintenance work, with a U.K. rail company.
Corelink Rail Infrastructure and West Midlands Trains will receive 333 new Bombardier Aventra vehicles for use on the United Kingdom's West Midlands Trains franchise.
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Ride-hailing service Lyft expands outside U.S. for 1st time to take on Uber in Canada

Starting today, Torontonians will have another option to get around the city. Lyft has launched outside the U.S. for the first time, putting pressure on Uber for a share of the ride-hailing market.
Other Canadian cities are in Lyft's sight as the company, Uber's main rival in the U.S.
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Apple buys music identifying app Shazam

Shazam has been valued at roughly $1 billion US. (Simon Dawson/Bloomberg)
Apple is buying Shazam, a popular app that identifies music for users by listening to a short snippet of it.
Technology website Techcrunch first reported on the possibility of the merger last week before Apple made it official in a statement Monday.
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Cost of child care up by 20% in some cities since 2014, report finds

The cost of child care is rising quickly in Canada, in some cities increasing by as much as 20 per cent from three years ago and more than 10 per cent in most of Canada.
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Securities-related trial underway in Montreal for ex-Amaya CEO David Baazov

MONTREAL -- The securities-related trial of former Amaya CEO David Baazov and others accused of insider trading is underway at the Montreal courthouse.
It is opening with a request by the defence to have the case tossed due to unreasonable delays in getting evidence.
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Judge hears stay request for ex-Amaya CEO, others

Even before the first witnesses could be heard at a rare insider trading case that involves former Amaya CEO David Baazov and others, lawyers representing the accused attempted Monday to have the charges stayed.
Baazov, 37, has pleaded not guilty to securities-related charges following an investigation by the Autorité des marchés financiers, Quebec's stock market regulator, into the allegations of insider trading.
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Stay request at insider trading trial for ex-Amaya CEO David Baazov, others

MONTREAL -- Even before the first witnesses could be heard at a rare insider trading case that involves former Amaya CEO David Baazov and others, lawyers representing the accused attemped Monday to have the charges stayed.
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Uber charges Toronto customer more than $18,000 for short downtown ride

TORONTO - Uber is apologizing to customer who was charged more than $18,000 for a short ride in downtown Toronto.
Photos posted on social media over the weekend showed that an Uber rider was billed $18,518.50 for a 21-minute Uber ride.
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Calgary-based water pipeline company accepts $509M offer from New York partner

CALGARY -- A Calgary-based water pipeline technology and inspection company says it has agreed to be sold for more than half a billion dollars to New York-based Xylem Inc.
Pure Technologies Ltd. says the offering price of $9 per share or $509 million in cash is more than double its closing share price last Friday.
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Conservatives ask OPP to investigate ineligible expenses by power generators

TORONTO -- The Progressive Conservatives have asked the Ontario Provincial Police to investigate millions in ineligible expenses -- including scuba gear and raccoon traps -- filed by nine power generators in the province.
Auditor general Bonnie Lysyk reported last week that the generators claimed up to $260 million in ineligible costs between 2006 and 2015, under a program designed to pay power generators for fuel, maintenance and operating costs when the system operator puts them on standby to supply energy.
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Of government and golf courses: Mulroney's East Coast experiment, 30 years later

HALIFAX -- Ben Cowan-Dewar was a bright-eyed 25-year-old entrepreneur when he visited Inverness, N.S., and saw a jaw-dropping landscape fit for a luxury golf course.
Past the abandoned mines and hardscrabble edges of the Cape Breton village, he envisioned a boutique 18-hole course and upscale resort perched atop craggy cliffs.
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Onex Corp. to buy venue manager SMG Holdings for undisclosed price

TORONTO -- Onex Corp. (TSX:OCX) says it has agreed to acquire a U.S. company that manages hundreds of sports, entertainment and business venues including Soldier Field, home to the NFL's Chicago Bears.
The Toronto-based private equity company didn't disclose how much it will pay for privately held SMG Holdings Inc.
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Bitcoin futures contract flirts with $19K US, even as current price hovers near $16K

After jumping out of the gate, the first bitcoin futures contracts to trade on a mainstream exchange stabilized on Monday at around $18,000 US.
The Chicago Board of Options Exchange started trading a bitcoin derivative contract on Sunday evening.
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