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Pound outlook darkens as signs of Brexit fallout emerge after brief resilence hopes

  Bloomberg The pound’s recent resilience may prove short-lived as data showed the first indications that the U.K. economy may be faltering one month after Britain voted to leave the European Union. Inflation and labor figures covering the pre-Brexit period, released earlier this week, beat analyst predictions and helped the currency climb from a 31-year low versus the dollar set ...

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Husky hits snag in efforts to contain Saskatchewan oil spill

  Bloomberg Husky Energy Inc. is running into difficulty containing and cleaning up a 1,570-barrel oil pipeline spill that entered the North Saskatchewan River in Canada this week, after rising water levels compromised its initial plan to capture the release. The company responded when a sheen on the water indicated a spill, and discovered it was from the failure of ...

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Canadian consumer inflation stable in June at 1.5%

  Ottawa / AFP Largely driven by housing, Canadian consumer prices rose 1.5 percent in June over a year ago, the same rate recorded in May, the Canadian government reported on Saturday. The pace fell short of analyst forecasts, which had predicted a rise in the consumer price index of 1.7 percent. Housing prices were up 1.6 percent after rising ...

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