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BPs Follows Bumper 4Q21 Profit Trend
British supermajor BP reported $12.8 billion in profits, an eight-year record for the British oil company. The spike was largely...
Canadian Unemployment Rate Rises for First Time in Nine Months
Employment in Canada fell by 1% in January according to the country’s January 2022 Labour Force Survey. The survey points...
Boston Fed and MIT Post White Paper on Central Bank Digital Currency
The Boston Federal reserve and the Digital Currency Initiative at the Massachusetts Institute of Technology released the findings of their...
Frontier and Spirit airlines to merge
The US’ two largest low-cost carriers, Frontier Airlines and Spirit Airlines are to merge in a $6.6 billion deal to...
Italy’s D-Orbit to go public via SPAC at $1.4bn valuation
Italian space transportation and services company D-Orbit announced plans Thursday to go public via a SPAC, in a deal that...
Apple is riding high in China
Apple has once again become the top-selling smartphone brand in top market China, along with the rest of the world....
Google to invest $1bn in India’s smartphone market
Google is investing up to $1 billion in a major Indian telecom company, a move it hopes will drive down...
Glossier to lay off a third of its corporate staff
Beauty startup Glossier has laid off a third of its corporate staff, founder and CEO Emily Weiss said in an...
Warren Buffett is having the last laugh
It's been a tough start to the year for investors in big tech companies. But that's not causing Berkshire Hathaway's...
Despite record inflation, Bank of Canada holds rates steady—for now
The Bank of Canada has decided not to raise its benchmark interest rate just yet. Like many other central banks...
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