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‘Canada’s borrowing is crowding out firms’

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Bloomberg A borrowing spree by the Canadian federal and provincial governments is threatening to increase costs for companies just as the economy turns, according to BlackRock Inc. Public-sector borrowing is set to swell as issuers including the federal government, Ontario — already the world’s largest issuer of sub-sovereign debt — and Alberta continue to run budget deficits, BlackRock’s head of ...

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PG&E accused of falsifying pipeline safety records

Federal grand jury finds pg&e guilty of obstructing justice in san bruno explosion investigation

Bloomberg PG&E Corp, already under scrutiny for a deadly California wildfire last month, now faces potential penalties for allegedly breaking natural gas pipeline safety rules and falsifying records, state regulators said. The California Public Utilities Commission said that the state’s biggest utility owner systematically violated rules to prevent construction crews from accidentally damaging pipelines during excavations. PG&E also allegedly falsified ...

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Health investors get selective as US markets churn into 2019

Health investors get selective as us markets churn into 2019 copy

Bloomberg Healthcare investors may have to be a bit more selective than they’re used to in 2019. With US health stocks poised to wrap up their second straight year of outperforming the broader market, the focus on hunting for innovation and next year’s winners is even more in vogue after recent market volatility. Small- to mid-cap biotechnology darlings that saw ...

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