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European Central Bank urges leaders to act on economy

European Central Bank urges leaders to act on economy

FRANKFURT — The European Central Bank hit pause Thursday after deploying massive stimulus measures in recent weeks and urged government leaders to do their part by agreeing on an EU-wide fund to support regions hardest hit by the virus outbreak.
Businesses tepid toward B.C. COVID recovery plan, seek bold response: survey

Businesses tepid toward B.C. COVID recovery plan, seek bold response: survey

VANCOUVER — The latest survey of businesses in British Columbia reveals few are confident the province's $1.5-billion recovery plan will help them survive or succeed.
Pandemic impact blamed as Barrick gold production falls in the second quarter

Pandemic impact blamed as Barrick gold production falls in the second quarter

TORONTO — Barrick Gold Corp. is reporting lower production of gold and higher costs at its mines in preliminary second quarter results. The Toronto-based miner says gold production in the three months ended June 30 fell by about eight per cent to 1.
Lower panel prices boost interest in home solar power but true cost is complex

Lower panel prices boost interest in home solar power but true cost is complex

CALGARY — Lockdowns imposed to control the COVID-19 pandemic have sparked plenty of interest in residential solar power systems among people forced to spend more time at home, says installer Paul Rivera.
Kirkland Lake Gold extends suspension of operation at Ontario mine complex

Kirkland Lake Gold extends suspension of operation at Ontario mine complex

TORONTO — Kirkland Lake Gold Ltd. says it will cut up to 255 staff positions due to a pandemic-related suspension of operations at its Holt Complex in northern Ontario.

US retail sales jump 7.5% in June, but economy still ails

BALTIMORE — U.S. retail sales climbed a solid 7.5% in June, a sign that the economy was healing right before infections from the coronavirus spiked again and dragged down hopes for a steady recovery.

US retail sales jump 7.5% in June, but economy still ails

BALTIMORE — U.S. retail sales climbed a solid 7.5% in June, a sign that the economy was healing right before infections from the coronavirus spiked again and dragged down hopes for a steady recovery.
EU court cancels US data-sharing pact over snooping concerns

EU court cancels US data-sharing pact over snooping concerns

The European Union’s top court ruled Thursday that an agreement that allows thousands of companies — from tech giants to small financial firms — to transfer data to the United States is invalid because the American government can snoop on people's da
China becomes first economy to grow since virus pandemic

China becomes first economy to grow since virus pandemic

BEIJING — China became the first major economy to grow since the start of the coronavirus pandemic, recording an unexpectedly strong 3.2% expansion in the latest quarter after anti-virus lockdowns were lifted and factories and stores reopened.
Confirmed US virus cases rise amid new global restrictions

Confirmed US virus cases rise amid new global restrictions

MIAMI — California, Arizona, Texas and Florida together reported about 36,000 new coronavirus cases Wednesday as restrictions aimed at combating the spread of the pandemic took hold in the United States and around the world in an unsettling sign remi
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