CANADA STOCKS-TSX opens higher, led by Loblaw surge
TORONTO, Dec 6 (Reuters) - Canada's main stock index opened higher on Thursday, led by a 25-percent jump in Loblaw Cos Ltd after Canada's No. 1 grocer revealed plans to create one of the country's largest real estate investment trusts. The Toronto Stock Exchange's S&P/TSX composite index was up 16.04 points, or 0.13 percent, at 12,173.33 shortly after the open.
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DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.