Here are the CP Business Department's plans for today and the top business stories so far. All times Eastern unless otherwise stated. All ETAs and wordcounts approximate. Entries are subject to change as news develops.
If you have any questions, please contact Kate Hopwood at 416-507-2151 or kate.hopwood@thecanadianpress.com, or Jody White at jody.white@thecanadianpress.com. You can always reach the desk at business@thecanadianpress.com or 416-507-2138.
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COVERING:
We'll have more on StatCan's retail trade numbers for November.
We're looking into continued ramifications of the trucker vaccine mandate. Story on merit.
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TOP STORIES:
Retail sales up in November: Statistics Canada
StatCan-Retail-Sales
Ottawa, Ontario, Canada -- Statistics Canada says Canadian retail sales were up 0.7 per cent to $58.1 billion in November amid higher sales at gas stations and building materials stores. Words: 140, Photos: 1
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Global shares slide after more losses on Wall Street
Financial-Markets
Shares have declined in Europe and Asia after a late-afternoon sell-off wiped out gains for stocks on Wall Street. Benchmarks slipped in Paris, Frankfurt, London and Tokyo. Hong Kong edged higher, while oil prices fell. On Thursday, the S&P 500 lost 1.1% and the Dow Jones Industrial Average fell 0.9%. The Nasdaq slumped 1.3% as technology stocks dropped. Investors are bracing for higher interest rates and shares in pricey tech companies and other expensive growth stocks look relatively less attractive. Stocks are headed for weekly losses in what has so far been a losing month.
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Chevron, Total exit Myanmar over deteriorating conditions
Myanmar-Push-For-Sanctions
PARIS -- TotalEnergies, one of the world’s largest energy conglomerates, said Friday it was stopping all operations in Myanmar, citing rampant human rights abuses and deteriorating rule of law since the country’s military overthrew the government. Chevon also said it was planning an exit. The announcement came just a day after the French company called for international sanctions targeting the oil and gas sector, which remain one of the junta’s primary sources of funding.
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CALENDAR:
Statistics Canada to release retail trade figures for November.
CP BUSINESS
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