Canadian dollar hits four-year low as 71 cent U.S. threshold nears

Article content The Canadian dollar fell to a four-year low Wednesday with analysts keeping a sharp eye on the currency as it approached the critical barrier of 71 cents U.S. “If you look at the (Canadian dollar) chart over the past five years, we haven’t breached that level since the pandemic,” Sarah Ying, head of foreign exchange strategy at CIBC Capital Markets, said.The loonie is down 1.1 per cent since

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When horror hits China, the first instinct is shut it down

Watch: BBC China correspondent ordered to stop filming and pushed at car attack scene The gates outside the Zhuhai sports complex in China were closed. Inside, the stadium was in darkness, as were the grounds around it. It was here, hours before, where dozens of people were killed when a man drove an SUV into a crowd. Many more were injured. Only security guards appeared to be moving around behind

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Netflix’s ad-supported tier hits 70 million users By Reuters

(Reuters) -Netflix said on Tuesday its ad-supported tier had reached 70 million monthly active users globally, nearly doubling from about six months earlier as customers seek more affordable options. The plan, priced at $6.99 per month in the U.S., now accounts for more than half of all new Netflix (NASDAQ:) sign-ups in regions where it is available. It reached 40 million global monthly active users in May. Netflix’s cheapest plan

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Pollution hits record levels in Pakistan city

Reuters A thick blanket of smog has derailed normal activity for most people Smog starts slow. At first, you cannot see it but you can smell it. It smells like something is burning. And it intensifies as the temperature drops. Then the smoke and fog start to envelop you and the city around you. Now you can see it. You are walking through the smoke, a thick ceiling of it

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Tesla hits $1 trillion market value as Musk-backed Trump win fans optimism By Reuters

(Reuters) – Tesla (NASDAQ:)’s market value breached the $1 trillion-mark in a sharp rally on Friday, on growing bets of a favorable treatment for CEO Elon Musk’s companies in return for his support for President-elect Donald Trump in his poll campaign. The electric automaker’s shares rose more than 6% to a more than two-year high of $315.56, after having gained 19.3% up to Thursday’s close. The company crossed the $1

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Wall Street hits all-time highs, Fed decision on tap By Reuters

(Reuters) – Wall Street’s main stock indexes hit record highs in the run-up to an interest-rate decision from the Federal Reserve on Thursday, extending a sharp rally sparked by Donald Trump’s stunning comeback as U.S. president for a second time. The fell 11.0 points, or 0.03%, at the open to 43718.92. The rose 18.2 points, or 0.31%, at the open to 5947.21​, while the rose 101.0 points, or 0.53%, to

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