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Analog Devices buys Maxim, creating $68 billion chipmaker

Analog Devices buys Maxim, creating $68 billion chipmaker

NEW YORK — Computer chip maker Analog Devices is buying Maxim Integrated in an all-stock deal that will create a company worth about $68 billion, and strengthens its position in the analog semiconductor sector.
Uncertainty over schooling plans has working mothers mulling leaving workforce

Uncertainty over schooling plans has working mothers mulling leaving workforce

Sarah Pretty is no stranger to complicated situations.
Yamana says Canadian Malartic gold mine exceeded post-COVID production targets

Yamana says Canadian Malartic gold mine exceeded post-COVID production targets

TORONTO — Yamana Gold Inc. says the Canadian Malartic mine in Quebec has ramped up production more quickly than anticipated following a COVID-related shut-down.
Initiative to fight anti-Black systemic racism on Bay St. launched

Initiative to fight anti-Black systemic racism on Bay St. launched

TORONTO — A coalition of Canadian business leaders have announced a strategic partnership for a program to support Black professionals on Bay Street and elsewhere.
IMF: Mideast loses $270B oil income amid virus, recession

IMF: Mideast loses $270B oil income amid virus, recession

DUBAI, United Arab Emirates — The Middle East's energy producers are expected to earn $270 billion less in oil revenue compared to last year as the region's economic heavyweight, Saudi Arabia, sinks deeper into recession amid the coronavirus pandemic
Intertape says demand strong as COVID closures lifted, Q2 revenue above estimate

Intertape says demand strong as COVID closures lifted, Q2 revenue above estimate

MONTREAL, Ont. — Intertape Polymer Group Inc. says its second-quarter revenue was substantially above its expectations due to strong demand as customers resumed activity following their COVID closures.
Five things to watch for in the Canadian business world in the coming week

Five things to watch for in the Canadian business world in the coming week

TORONTO — Five things to watch for in the Canadian business world in the coming week: Statistics Canada report Statistics Canada is scheduled to release its analysis of the effects of changing consumption patterns on consumer price indexes on Monday.
Asia Today: No masks on red carpet as Taiwan logs few cases

Asia Today: No masks on red carpet as Taiwan logs few cases

TAIPEI, Taiwan — Taiwan wrapped up an annual film festival with an awards ceremony Saturday night, as the island holds more public events after keeping its coronavirus outbreak to a few hundred cases.
Ubisoft cuts ties with managing director of Canadian studios as restructuring continues

Ubisoft cuts ties with managing director of Canadian studios as restructuring continues

MONTREAL — A Paris-based game developer is cutting ties with the managing director of its Canadian studios as the company continues to grapple with allegations of misconduct.
NordStar raises bid for Torstar Corp. to $60 million days after rival offer

NordStar raises bid for Torstar Corp. to $60 million days after rival offer

TORONTO — A Canadian investment firm attempting to purchase Torstar Corp. has upped its bid in response to a rival offer for the media conglomerate.