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Bank of England rate hike says 'too soon to declare victory'

Bank of England rate hike says 'too soon to declare victory'

LONDON (AP) — The Bank of England announced another “forceful” increase in interest rates Thursday, saying it was too soon to declare victory against inflation that has slowed slightly but is still fueling a cost-of-living crisis, public-sector strik

VerticalScope to lay off 22 per cent of workforce amid slowing economic environment

VerticalScope said it's laying off around 60 employees, or 22 per cent of the company's workforce.
Canada Goose cuts full-year forecast amid China disruptions, slowing momentum

Canada Goose cuts full-year forecast amid China disruptions, slowing momentum

Canada Goose Holdings Inc. cut its annual revenue and profit forecasts on Thursday as COVID-19 related disruptions in China and slowing momentum in North America curtailed the luxury parka maker's sales in its biggest quarter of the year.

BCE says it's ready for price competition, reports Q4 profits down

MONTREAL — Telecom giant BCE Inc. is starting to wind down a surge of infrastructure spending as it readies to flex both its improved network and increased capital room to attract more customers.
Shell profit doubles to record as war drives up energy costs

Shell profit doubles to record as war drives up energy costs

LONDON (AP) — Global energy giant Shell said Thursday that its annual profits doubled to a record high last year as oil and natural gas prices soared after Russia's invasion of Ukraine . London-based Shell Plc posted adjusted earnings of $39.
European Central Bank hikes rates, vows 'we are not done'

European Central Bank hikes rates, vows 'we are not done'

FRANKFURT, Germany (AP) — The European Central Bank chugged ahead with another outsized interest rate hike Thursday and vowed more will follow, underlining its drive to subdue inflation even as the economy slows and the U.S.
DesRosiers says January auto sales up 7.5 per cent from a year earlier

DesRosiers says January auto sales up 7.5 per cent from a year earlier

TORONTO — DesRosiers Automotive Consultants Inc. (DAC) says light vehicle sales in Canada in January were up 7.5 per cent compared with the first month of 2022.
Started a side hustle? Seek expert advice to avoid tax season headaches

Started a side hustle? Seek expert advice to avoid tax season headaches

Fletcher Gailey-Snell likes to draw t-rexes and triceratops, hammerhead sharks and belugas. He doesn't particularly enjoy thinking about taxes.
Rogers Q4 earnings of $508M boosted by roaming, sports revenue

Rogers Q4 earnings of $508M boosted by roaming, sports revenue

TORONTO — Rogers Communications Inc.
BCE reports Q4 profit down from year earlier, raises dividend

BCE reports Q4 profit down from year earlier, raises dividend

MONTREAL — BCE Inc. reported its fourth-quarter profit fell compared with a year ago and in its outlook for 2023 said it expected its adjusted earnings per share for the full year will be down compared with 2022.