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How an emerging labour movement in China’s Wal-Mart stores threatens expansion ambitions of all Western retailers

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When Zhang Jun, a 44-year-old electrician at a Wal-Mart store east of Beijing, shared a Mao-era propaganda poster on his Weibo blog, he was making a point. Why China is still a foreign territory to Canadian retailers Why have so few Canadian retailers looked to expand into the populous, burgeoning …

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Alberta’s clean-tech sector could be one of the province’s few growth businesses in 2016

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CALGARY – While many companies that service the oil and gas industry are struggling with record-low demand for their expertise, Scott Nelson and his team have become steadily busier in recent weeks. Oilfield services companies face a 2016 where there’s little left to cut As prices started receding in November …

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Chance of rate cut rising as markets anxiously await details of Trudeau’s stimulus rescue

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The likelihood of a Bank of Canada rate cut is rising as markets await details of Prime Minister Justin Trudeau’s promised stimulus package for the Canadian economy. Markets have begun pricing in a greater chance this week that the Bank of Canada will move to cut its interest rates sometime …

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Air Canada asks Supreme Court to reject maintenance ruling in Quebec lawsuit fight

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MONTREAL — Air Canada has asked the Supreme Court to intervene to overturn a court ruling that requires the carrier to keep maintenance operations in the country. The Montreal-based airline said Tuesday it is seeking leave to appeal a Quebec Court of Appeal decision in November. That ruling upheld a …

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Fund managers not fussed about potential mining rally

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The mining sector has underperformed global markets for an unprecedented five straight years. A sixth wouldn’t come as a shock, but according to Citigroup analysts, fund managers are giving more thought to the possibility that the sector has bottomed and is poised to rally in 2016. The broader question, however, …

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Does Suncor have an ‘obligation’ to release results of its offer for Canadian Oil Sands?

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On the first day of trading after Suncor failed to receive enough shareholder support for its bid to take over Canadian Oil Sands, the hunted turned hunter: COS says Suncor has an “obligation to disclose material facts” on its bid. In particular, COS wants to know how many shareholders tendered …

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Oil lurches closer to $20 Goldman Sachs doomsday forecast: ‘The supports are crumbling’

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LONDON — When U.S. investment bank Goldman Sachs said last year that oil could fall as low as US$20 per barrel, it assigned a fairly low probability to that scenario. Canadian crude — the world’s cheapest oil — falls to record low as slump deepens A deepening oil market slump …

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Lululemon Athletica Inc’s naked pants, part II: This time, they’re doing it on purpose to improve design

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Lululemon Athletica Inc. is at a turning point. Lululemon founder Chip Wilson reveals he considered buying Under Armour in 2012 But the landscape has changed since then. Lululemon’s stock has fallen into a slump, hurt by slowing sales and mounting competition. Under Armour, meanwhile, has surged Read more It’s been …

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Lululemon Athletica Inc’s naked pants, part II: This time, they’re doing it on purpose to improve design

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Lululemon Athletica Inc. is at a turning point. Lululemon founder Chip Wilson reveals he considered buying Under Armour in 2012 But the landscape has changed since then. Lululemon’s stock has fallen into a slump, hurt by slowing sales and mounting competition. Under Armour, meanwhile, has surged Read more It’s been …

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Crude awakening: What will the worst oil rout since 1970 mean for the global economy?

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The current oil rout is now worse than any since 1970, with the price of Brent crude slumping from $115 a barrel in the summer of 2014 to an 11-year low beneath $32 in recent days. Oil could sink to $20 a barrel because of this unexpected foe, warns Morgan …

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