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Retail crisis nowhere in sight for Canada’s Dollarama

Bloomberg The crisis afflicting much of the retail industry has spared dollar stores in Canada, where industry leader Dollarama Inc. keeps opening new locations and improving profit margins. Canada’s largest dollar-store chain posted earnings that topped analysts’ estimates last quarter and raised its gross-margin forecast for the year. While the Montreal-based company added 17 net new locations, part of the ...

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Emirates wavers on A380 deal amid ‘Airbus concerns’

Emirate airline's inaugural flight from dubai to chicago

Bloomberg Emirates, the world’s biggest long-haul airline, is holding out for assurances about the future of Airbus SE’s A380 programme before committing to an $8 billion order for more of the double-decker aircraft. While Airbus is pushing for a deal at November’s air show in Dubai, where the carrier is based, concern that the value of used A380s will plummet ...

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UK offshore wind costs fall below new nuclear plants

Wind farm outside bungendore, near canberra

Bloomberg The cost of generating electricity from offshore wind farms fell sharply in the UK to below the price the next nuclear reactors will charge, making the form of clean energy one of the cheapest ways to supply the grid. In a government auction that handed out power-purchase contracts worth 176 million pounds ($232 million) a year, all of the ...

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