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Nestle Canada to wind down frozen meals and pizza business including Delissio

Nestle Canada to wind down frozen meals and pizza business including Delissio

TORONTO — Nestle Canada's decision to pull its pizza and frozen meals from Canada over the next six months could leave a gap in supermarket freezers, a food expert says.
January home sales down 55% from year earlier, 21% from Dec: Vancouver board

January home sales down 55% from year earlier, 21% from Dec: Vancouver board

VANCOUVER — The Real Estate Board of Greater Vancouver says January home sales were more than halved from the year before and down 21 per cent from December.
Lightspeed Commerce to hire, shift focus to premium clients after layoffs

Lightspeed Commerce to hire, shift focus to premium clients after layoffs

Less than a month after laying off 300 workers, Lightspeed Commerce Inc.'s chief executive says his company has plans to hire between 150 and 200 more staff.
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.