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Canada - Oct 18

PRESS DIGEST-Canada - Oct 18 Oct 18 (Reuters) - The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy. THE GLOBE AND MAIL Tobacco companies JTI-Macdonald Corp., Rothmans, Benson & Hedges Inc., and Imperial Tobacco Canada are set to pay $32.5 billion to settle legal claims.
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Europe's STOXX 600 rises on tech rebound, set for weekly gains

UPDATE 1-Europe's STOXX 600 rises on tech rebound, set for weekly gains For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window Luxury stocks boost France's CAC 40 Elisa slumps on unexpected Q3 revenue fall Intrum seeks US bankruptcy protection STOXX 600 up 0.3% Updated at 0840 GMT By Paolo Laudani and Ankika Biswas Oct 18 (Reuters) - Europe's STOXX 600 climbed on Friday, as tech stocks made a strong comeback at the end of a bumpy week, while th
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Big Tobacco nears $24 billion settlement to end Canada lawsuits

UPDATE 3-Big Tobacco nears $24 billion settlement to end Canada lawsuits Philip Morris says allocation of settlement amount between companies unresolved BAT says unit supportive of settlement framework, structure Japan Tobacco says some issues need to be resolved for workable settlement plan Adds JTI-Macdonald statement in paragraph 12; updates BAT shares Oct 18 (Reuters) - Philip Morris PM.N , British American Tobacco BATS.L and Japan Tobacco 2914.T will pay C$32.5 billion ($23.6 billion) to se
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Court mediator proposes $23.6 bln settlement by Philip Morris, BAT and JTI units in Canada

Court mediator proposes $23.6 bln settlement by Philip Morris, BAT and JTI units in Canada Oct 18 (Reuters) - Philip Morris PM.N said on Friday that a Canadian court-appointed mediator has proposed a plan to end the tobacco litigation, involving a payment of C$32.5 billion ($23.56 billion) by its unit Rothmans, Benson & Hedges Inc and the Canadian units of British American Tobacco BATS.L and Japan Tobacco 2914.T .
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European shares headed for weekly gains after ECB rate cut

European shares headed for weekly gains after ECB rate cut For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window Oct 18 (Reuters) - European shares opened muted on Friday, after the European Central Bank's latest rate cut and upbeat earnings prompted strong gains in the previous session, with the main stocks gauge headed for a second weekly rise.
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