National Business

VerticalScope said it's laying off around 60 employees, or 22 per cent of the company's workforce.

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.

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.

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.

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.

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.

Fletcher Gailey-Snell likes to draw t-rexes and triceratops, hammerhead sharks and belugas. He doesn't particularly enjoy thinking about taxes.

TORONTO — Rogers Communications Inc.

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.

CANBERRA, Australia (AP) — Australia is removing the British monarchy from its bank notes. The nation's central bank said Thursday its new $5 bill would feature an Indigenous design rather than an image of King Charles III.