Here are the CP Business Department's plans for today and the top business stories so far. All times Eastern unless otherwise stated. All ETAs and wordcounts approximate. Entries are subject to change as news develops.
If you have any questions, please contact Kate Hopwood at 416-507-2151 or kate.hopwood@thecanadianpress.com, or Jody White at jody.white@thecanadianpress.com. You can always reach the desk at business@thecanadianpress.com or 416-507-2138.
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COVERING:
Tara Deschamps will have more on a report that found security vulnerabilities and censorship framework in an Olympic app.
This week’s Your Money column looks into the gamification of certain trading apps, and how that can affect investors’ behaviour.
We’ll have CMHC’s housing starts data for December.
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TOP STORIES:
Toronto lab finds security issues in Olympic app
OLY-App-Security
Toronto, Ontario, Canada -- Researchers at a Toronto-based tech laboratory have uncovered security vulnerabilities and censorship frameworks in an app all 2022 Beijing Olympics attendees must use. By Tara Deschamps. Words: 669, Photos: 1
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MTY Food Group raising quarterly dividend
MTY-Dividend
Montreal, Quebec, Canada -- MTY Food Group Inc. is raising its quarterly dividend. Words: 136, Photos: 1
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Airlines again warn of potential disruption from 5G rollout
FAA-Planes-5G-Interference
The airline industry is raising the stakes in a showdown with AT&T and Verizon over the telecom companies’ plan to launch new 5G wireless service this week, warning that thousands of flights could be grounded or delayed if the rollout takes place near major airports. CEOs of the nation’s largest airlines said Monday that interference from the wireless service on a key instrument on planes is worse than they originally thought.
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Global shares mostly fall as investors mull likely rate hike
Financial-Markets
Global shares are mostly lower while oil prices surged following an attack on an oil facility in the capital of the United Arab Emirates. Stocks in France, Germany and Britain are lower in early trading. Markets finished lower in Hong Kong, Tokyo, Seoul and Sydney. U.S. futures declined as the yield on the 2-year Treasury rose above 1%, adding to expectations the Federal Reserve will soon raise rates to counter inflation.
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CALENDAR:
Canada Mortgage and Housing Corp. to release housing starts data for December.
First Quantum Minerals holds a virtual capital markets day.
CP BUSINESS
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