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Nine months. That's how long it took the world's top 1,000 billionaires to recoup their fortunes after the coronavirus pandemic hit.
More than a decade is how long it could take the world's poorest to recover, according to Oxfam International's annual inequality report.
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Samsung scion Lee won't appeal prison sentence for bribery

SEOUL, KOREA, REPUBLIC OF -- Samsung scion Lee Jae-yong will not appeal a court ruling that sentenced him to two and a half years in prison for bribing South Korea's then-president for business favours.
Lee's lawyers informed reporters of the decision on Monday as prosecutors faced a deadline for filing an appeal to the Supreme Court, which would extend the legal saga over South Korea's largest business group.
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Retail sales rise 1.3 per cent to $55.2 billion in November as online shopping surges

OTTAWA -- Statistics Canada says retail sales climbed 1.3 per cent to $55.2 billion in November, rising for the seventh straight month as Black Friday boosted online shopping.
But the agency's unofficial early estimate suggests that retailers saw sales fall 2.6 per cent in December, at the height of the holiday shopping season.
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Asian shares rise on recovery hopes, markets eye earnings

TOKYO -- Asian shares rose Monday amid some hopes for recovering economies slammed by the pandemic, as market attention turned to upcoming company earnings.
Japan's benchmark Nikkei 225 gained nearly 0.5% in morning trading to 28,767.43.
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Godiva closing 128 stores in North America, including all 11 in Canada

COVID-19 has been far from sweet for Godiva, which has decided to sell or close its stores across North America.
The luxury chocolatier says 128 brick and mortar locations, including 11 in Canada, will shut by the end of March.
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Alberta cafe could face thousands in fines for reopening dine-in service: police

EDMONTON -- Alberta Health Services and RCMP say they are aware that the Whistle Stop Café in Mirror has recently opened back up for dine-in service, and they are investigating.
AHS said it has already issued an Environmental Public Health Order to the café to close it’s dine-in service.
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'Almost non-existent' cold and cough season: P.E.I. lozenge plant lays off 30 workers

CHARLOTTETOWN -- A lozenge plant in Prince Edward Island has laid off 30 workers, citing an "almost non-existent" cold and cough season amid COVID-19 restrictions.
Island Abbey Foods said Friday sales of its Honibe cough and cold lozenges have declined in the first two quarters of 2021, forcing the Charlottetown company to cut 30 temporary positions from its production operation.
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VANCOUVER -- The B.C. Supreme Court has thrown out a legal challenge brought forward by taxi companies that claimed there were errors made when Uber and Lyft were approved to operate in the province.
Several Vancouver taxi companies asked the courts to review and reconsider the B.C.
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P.E.I. lozenge plant lays off 30 workers after weak cold and cough season

CHARLOTTETOWN -- A lozenge plant in Prince Edward Island has laid off 30 workers, citing an "almost non-existent" cold and cough season amid COVID-19 restrictions.
Island Abbey Foods said Friday sales of its Honibe cough and cold lozenges have declined in the first two quarters of 2021, forcing the Charlottetown company to cut 30 temporary positions from its production operation.
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Vancouver council calls on feds, province to help the PNE survive COVID-19

VANCOUVER -- Vancouver's City Council is calling on the federal and provincial governments to provide funding to the Pacific National Exhibition.
In a motion passed Wednesday, councillors voted to ask that the PNE be included in wage subsidy programs "on a special case basis," as well as to authorize Mayor Kennedy Stewart to lobby for extra funding to help ensure the survival of the 110-year-old institution.
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Retail sales continue rebound, rising for 7 months in a row since April's COVID low

Retail sales have risen for seven months in a row and are now more than 5 per cent higher than they were before the COVID-19 pandemic began, Statistics Canada said Friday.
The data agency released numbers for November on Friday that showed Canadian retailers racked up more than $55 billion in sales during the month.
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WestJet halts Boeing 737 Max jet before takeoff after warning light in cockpit

WestJet temporarily grounded a Boeing 737 Max jet that was supposed to fly from Calgary to Toronto on Friday after a warning light came on in the cockpit prior to takeoff.
Flight 658 was boarded and preparing to take off when a warning light came on.
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Trump returns to a business empire ravaged by pandemic

NEW YORK -- Donald Trump is returning to a family business ravaged by pandemic shutdowns and restrictions, with revenue plunging more than 40% at his Doral golf property, his Washington hotel and both his Scottish resorts over the past year.
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