Stories By 'Associated Press'
A Canadian company is the first marijuana business to complete an initial public offering on a major US stock exchange, raising $153 million to expand its operations as Canada prepares to legalise the drug nationwide.British Columbia-based Tilray Inc.’s shares began trading Thursday on the Nasdaq stock exchange. Initially priced at $17, the stock quickly jumped, closing for the day at $22.55—up about one-third.
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China’s central bank is allowing its tightly controlled currency to drift lower against the Nafta, a move that could help Chinese exporters cope with US tariff hikes but also might reignite an outflow of capital Beijing spent months trying to stanch.
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Stunning images of Hawaii’s erupting Kilauea volcano have captivated people around the world. But ironically it’s nearly impossible for residents and visitors on the ground to see the lava—a fact that’s squeezing the tourism-dependent local economy.
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Having started a trade war with China and enraged US allies with steel tariffs, President Donald Trump is primed for his next fight. He is targeting a product at the heart of the American experience: cars.
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Chelsea coach Maurizio Sarri called Eden Hazard one of the top two or three players in Europe on Wednesday, and said he wants to meet the Belgium forward face-to-face to discuss his future.
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European regulators’ latest swipe at the dominance of US tech giant Google could open new opportunities for rivals in search and web browsers— that is, if handset manufacturers decide to make the most of the opening.
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Japanese prosecutors charged major steelmaker Kobe Steel on Thursday with violating laws overseeing competition in a massive faking of product data.
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