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Business

Britain roasted over Starbucks' low taxes

United Kingdom lawmakers tore into the chief of the tax authority for allowing coffee chain Starbucks to pay almost no corporation tax despite selling coffee and snacks worth billions of pounds to British customers.

Federal inspectors order XL Foods to clean up act

Trouble continues for an Alberta meat plant as it tries to resume normal processing under the eye of federal food-safety inspectors.

Netflix enacts plan to prevent hostile takeover

Netflix is moving to protect itself against hostile takeovers, less than a week after activist investor Carl Icahn disclosed a stake of nearly 10 per cent in the online video company. Netflix Inc.

Canadian hemp production to double: report

Canada's small hemp industry is growing like a weed, but still faces some hurdles because of its illegal and potent cousin, marijuana.

UVic earns global prize

The Canadian Bureau for International Education has named UVic's Gus-tavson School of Business the winner of the outstanding program award for its Master of Global Business program.

Unions fight plan to import China miners

Court action launched; locals need the work

Hydro, band ink power deal

B.C. Hydro has reached a benefit agreement with the K'omoks First Nation for its $1.2-billion upgrade of a generating station on Vancouver Island.

H&M confirms Uptown opening

Swedish fashion giant H&M has finally confirmed one of the city's more poorly kept secrets - that it will be opening a store at Uptown shopping centre in the spring.

Silver Wheaton cuts dividend

Silver Wheaton, hit by lower silver prices and a delay in sales, announced lower third-quarter profits and a 30 per cent drop in its quarterly dividend.

U.S. elections weigh on markets

The Toronto stock market closed slightly lower Monday with traders not wanting to make big commitments ahead of a U.S. election that is deemed too close to call. Energy and financial stocks led the way as the S&P/TSX composite index declined 27.