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KITIMAT, B.C. -- The union representing Rio Tinto employees in British Columbia has issued a 72-hour strike notice after nearly seven weeks of negotiations.
Unifor Local 2301, which represents about 900 workers at the smelting facility in Kitimat and the power generating facility in Kemano, have unanimously voted in support of a potential strike.
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From coal to cars, Chinese floods tangle supply chains

BEIJING -- The floods drenching central China and submerging swathes of a major economic and transport hub are threatening supply chains for goods ranging from cars and electronics to pigs, peanuts and coal.
Power had been partly restored and some trains and flights were running on Thursday but analysts said disruption could last for several days, pushing up prices and slowing business across densely populated Henan and neighboring provinces.
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S&P/TSX composite index falls in late morning on pressure from energy, materials

TORONTO -- Canada's main stock index fell in late-morning trading on a drop in the energy and materials sectors, while U.S. markets were mixed.
The S&P/TSX composite index was down 56.32 points at 20,053.73.
In New York, the Dow Jones industrial average was down 3.17 points at 34,794.83.
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Ping pong: Spat over tracing app as shelves empty in England

LONDON -- In scenes reminiscent of the early days of the coronavirus pandemic, supermarket shelves across England were looking a tad empty on Thursday.
This time, it's nothing to do with consumers stockpiling ahead of lockdown.
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TORONTO -- Canada's main stock index fell after a mixed day that saw losses in materials and healthcare stocks, while U.S markets had gained slightly.
Allan Small, senior investment adviser at IA Private Wealth, said equity markets were largely driven by a new batch of earnings reports this week.
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Saudi Aramco facing US$50M cyber extortion over leaked data

DUBAI, UNITED ARAB EMIRATES -- Saudi Arabia's state oil giant acknowledged Wednesday that leaked data from the company - files now apparently being used in a cyber-extortion attempt involving a US$50-million ransom demand - likely came from one of its contractors.
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Scotiabank's website experiencing outage

OTTAWA -- Scotiabank’s website is experiencing an outage to its online banking services.
According to Downdetector.ca, the outage began around shortly before 10 p.m. EDT, with customers reporting issues with the website and account log-in.
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Tesla will 'most likely' restart accepting bitcoin as payments, says Musk

Electric-car maker Tesla will most likely restart accepting bitcoin as payments once it conducts due diligence on the amount of renewable energy used to mine the currency, CEO Elon Musk said at a conference on Wednesday.
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Scotiabank website back online after experiencing outage

OTTAWA -- Scotiabank's website is back online after the company appears to have experienced an outage to its online banking services Wednesday night.
According to Downdetector.ca, the outage began around shortly before 10 p.m. EDT, with customers reporting issues with the website and account log-in.
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Global markets follow Wall St higher as virus fears recede

BEIJING -- Global stock markets followed Wall Street higher Thursday for a second day as optimism about an economic recovery appeared to outweigh concern over rising coronavirus cases and inflation.
Market benchmarks in Frankfurt, Shanghai and Hong Kong advanced.
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With no government directive, businesses face backlash on vaccine status

TORONTO -- Without clear directive from governments, businesses have to decide whether to make vaccines mandatory for employees and patrons, a decision they say leaves them vulnerable to attacks from anti-vaxxers.
For the first time since 2019, live music will be back at Ottawa's Escapade Festival in September.
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Sluggish start for stocks after climb in unemployment claims

BEIJING -- Stocks were slightly lower Thursday after a surprise increase in the number of Americans filing for unemployment benefits gave investors pause. All three major indexes are still on pace to end the week higher after the strong gains Tuesday and Wednesday.
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The Quebec government has refused to approve construction of a natural gas facility in the Saguenay, north of Quebec City, following years of opposition from citizens, Indigenous communities and environmental experts.
The decision, announced today by Environment Minister Benoit Charette, is all but certain to halt a $14-billion project that would have carried natural gas from Western Canada across Quebec to the Saguenay port, and then shipped it to markets overseas.
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