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BMO sells EMEA asset management business to Ameriprise Financial for $1.09B

BMO sells EMEA asset management business to Ameriprise Financial for $1.09B

TORONTO 鈥 BMO Financial Group has signed a deal to sell its asset management business in Europe, the Middle East and Africa (EMEA) to Ameriprise Financial Inc. for $1.09 billion.
Merkel's bloc spars over who will run for German chancellor

Merkel's bloc spars over who will run for German chancellor

BERLIN 鈥 The head of Chancellor Angela Merkel's party, Armin Laschet, on Monday rallied his party's leadership behind his bid to become the centre -right candidate to be Germany's next leader.
Venice architecture Biennale opens a year later on May 22

Venice architecture Biennale opens a year later on May 22

MILAN 鈥 A year after being postponed by the COVID-19 pandemic, the Venice Biennale for architecture will open on May 22 for a six-month run under strict virus protocols, officials said Monday.
Cannabis company Aphria reports Q3 loss, says COVID-19 lockdowns have caused pressure

Cannabis company Aphria reports Q3 loss, says COVID-19 lockdowns have caused pressure

Lockdowns enacted by Canadian provinces to quell the spread of COVID-19 hampered Aphria Inc.'s third quarter. The Leamington, Ont.
Porter Airlines pushes back flight restart date to June 21

Porter Airlines pushes back flight restart date to June 21

TORONTO 鈥 Porter Airlines is once more pushing back its tentative date for resuming flights. The airline, which has delayed its restart date several times during the pandemic, now plans to resume flying on June 21.
MTY chairman Stanley Ma selling up to 880,000 shares in company

MTY chairman Stanley Ma selling up to 880,000 shares in company

MONTREAL 鈥 MTY Food Group Inc. says Stanley Ma, the company's founder, president and chairman, is selling up to 880,000 of his shares in company. The restaurant franchisor and operator says the sale represents a 3.56 per cent stake in the company.
Huawei, HSBC agree on document deal for extradition case

Huawei, HSBC agree on document deal for extradition case

HONG KONG 鈥 Chinese telecommunications equipment firm Huawei said Monday that it has reached an agreement with HSBC in Hong Kong to obtain documents that its chief financial office Meng Wanzhou hopes will help prevent her extradition to the U.S.
Chilly weather doesn't dampen UK joy at lockdown easing

Chilly weather doesn't dampen UK joy at lockdown easing

LONDON 鈥 People across Britain flocked to shed shaggy locks and browse for clothes, books and other 鈥渘on-essential鈥 items as shops, gyms, hairdressers, restaurant patios and beer gardens reopened Monday after months of lockdown.
Top Chinese official admits vaccines have low effectiveness

Top Chinese official admits vaccines have low effectiveness

BEIJING 鈥 China鈥檚 top disease control official, in a rare acknowledgement, said current vaccines offer low protection against the coronavirus and mixing them is among strategies being considered to boost their effectiveness.
Iran calls Natanz atomic site blackout 'nuclear terrorism'

Iran calls Natanz atomic site blackout 'nuclear terrorism'

DUBAI, United Arab Emirates 鈥 Iran on Sunday described a blackout at its underground Natanz atomic facility an act of 鈥渘uclear terrorism,鈥 raising regional tensions as world powers and Tehran continue to negotiate over its tattered nuclear deal.
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