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National Business
National Business
Barrick reports US$1.27B profit for 2023, up from US$432M in 2022
TORONTO — Barrick Gold Corp. reported that gold production for 2023 fell short of its guidance as it set out lower expected production for the year ahead. The gold miner said Wednesday that production for the year totalled 4.
Feb 14, 2024 1:25 PM
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Turkey detains 4 as part of a probe into a gold mine landslide that left at least 9 missing
ANKARA, Turkey (AP) — Authorities on Wednesday detained four people in connection with a massive landslide that engulfed a gold mine in eastern Turkey, leaving at least nine workers missing, Turkish state media reported.
Feb 14, 2024 11:44 AM
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Spin Master Q4 revenue up 7.9% but toy maker ended the year down from last year
TORONTO — Spin Master Corp. says revenue during its latest quarter, which covered the key holiday season, was up 7.9 per cent from a year earlier, but the company's revenue for its fiscal 2023 overall were down 5.
Feb 14, 2024 11:30 AM
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Lyft shares rocket 62% over a typo in the company's earnings release
Lyft shares jumped 62% after the closing bell Tuesday thanks in part to a typo in the ride-hailing company’s earnings release that appears to have sent investors’ auto-trading algorithms — or “bots” — into a buying frenzy.
Feb 14, 2024 11:03 AM
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Power Corp. hires veteran Scotiabank executive Jake Lawrence as CFO
TORONTO — Power Corp. of Canada has hired veteran Scotiabank executive Jake Lawrence as its next chief financial officer.
Feb 14, 2024 10:15 AM
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Stock market today: Wall Street claws back some of the ground it lost a day earlier
NEW YORK (AP) — Stocks are clawing back some of their sharp losses from the day before, as conditions calm a bit on Wall Street. The S&P 500 was 0.6 % higher in early trading Wednesday. It had tumbled 1.
Feb 14, 2024 9:38 AM
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Boston Pizza reports $5.2M Q4 profit, raises monthly distributions
VANCOUVER — Boston Pizza Royalties Income Fund raised its monthly payment to unitholders as it reported a fourth-quarter profit of $5.2 million. The fund says it will now pay a monthly distribution of 11.3 cents per unit, up from 10.7 cents per unit.
Feb 14, 2024 8:39 AM
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9 gold mine workers are missing in Turkey after a landslide that carries environmental risks
ISTANBUL (AP) — A huge landslide hit a gold mine in eastern Turkey on Tuesday, trapping at least nine workers underground, officials said. The landslide at the Copler mine happened at 2:30 p.m.
Feb 13, 2024 8:09 PM
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Holiday shopping, Black Friday hand Shopify US$657M Q4 profit and 24% revenue growth
A flurry of holiday sales saw Shopify Inc. end 2023 with strong revenue growth and profits even as consumers continued to grapple with inflation.
Feb 13, 2024 7:17 PM
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BC Real Estate Association numbers point to market 'uptrend' at beginning of 2024
VANCOUVER — The BC Real Estate Association says there was a nearly 30 per cent increase in home sales last month compared with January 2023, while prices were also up.
Feb 13, 2024 7:13 PM
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