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China on Tuesday said it summoned foreign diplomats in protest after the United States, the European Union, Canada and Britain jointly imposed sanctions on senior Chinese officials over alleged human rights abuses in China’s far western Xinjiang region.
Source: ctv business
China summons foreign diplomats in protest over sanctions

On CTVNews.ca: CTV’s Chief Financial Commentator Pattie Lovett-Reid analyzes the booming recreational property market, which is blurring the lines between primary residences and cottages. She advises to think carefully if you’re tempted to make cottage life permanent in a pandemic.
Source: ctv business
Pattie Lovett-Reid: Take a pause if you’re tempted to make cottage life permanent in a pandemic

Losses in energy and base metals stocks helped lead Canada’s main stock index lower in late-morning trading as the price of oil slipped below US$60 a barrel, while U.S. stock markets were mixed.
Source: ctv business
S&P/TSX composite down as price of oil slides lower, U.S. stock markets mixed

Ontario officials confirmed Monday that restaurant workers will in fact be included in Phase 2 of the province’s COVID-19 rollout, despite not being able to do so a week earlier.
Source: ctv business
Ontario restaurant workers will get COVID-19 vaccine in Phase 2, officials now confirm

Amazon workers took strike action in Italy on Monday in the first protest involving the U.S. group’s entire logistics operations, including third-party delivery service providers.
Source: ctv business
Amazon workers strike in Italy over pandemic-driven delivery demands

New U.S. Trade Representative Katherine Tai mapped out her priorities and Washington’s desire to rebuild alliances in initial calls on Monday with her counterparts from Canada, Britain and the European Union.
Source: ctv business
U.S. trade chief Tai focused on USMCA, China ties in first trade calls

Since dropping to multiyear lows last spring, gasoline prices have been on the rise, eclipsing pre-pandemic levels. With the summer driving season approaching and the economy set to reopen, the temporary break from pricey gas is likely over, says one analyst.
Source: ctv business
Gas prices are up sharply and could keep going, analyst warns

Since dropping to multiyear lows last spring, gasoline prices have been on the rise, eclipsing pre-pandemic levels. With the summer driving season approaching and the economy set to reopen, the temporary break from pricey gas is likely over, says one analyst.
Source: ctv business
Gas prices are up sharply and could keep rising, analyst warns

Shares in Canadian Pacific Railway Ltd. were down in early trading after the company announced a deal on the weekend to buy U.S. rival Kansas City Southern for US$25 billion.
Source: ctv business
CP shares down in early trading in wake of Kansas City Southern deal

The world’s biggest carbon-emitting companies are far from aligning with the Paris Climate Agreement, a report by the leading climate-focused investor group showed on Monday.
Source: ctv business
World’s top emitters a long way from aligning with climate goals