Nyteisha Lattimore's father shared heartache and a continued push for justice a year after his daughter and her son were murdered.
GATINEAU, Que. — Hexo Corp. says it expects its new strategic plan to reduce selling, general and administrative expenses by about 30 per cent by the end of fiscal 2023. The Gatineau, Que.-based cannabis company says its plan, which was unveiled last month after its debts mounted and founder left the businesses, will deliver about $175 million in cash over the next two fiscal years. The company says the plan will generate incremental cash flow of about $37.5 million in fiscal 2022 and an additio
B2Gold Corp. (TSX: BTO) (NYSE AMERICAN: BTG) (NSX: B2G) ("B2Gold" or the "Company") is pleased to announce its total gold production and consolidated gold revenues for the fourth quarter and full-year 2021, in addition to its production and budget guidance for 2022. All dollar figures are in United States dollars unless otherwise indicated.
Prairies Economic Development Canada
Steve Hounsell, ardent advocate for biodiversity conservation and ecological sustainability, will deliver the keynote presentation at Forests Ontario's Annual Conference, Strength in Biodiversity, a virtual event to be held February 9-11, 2022.
ZURICH (Reuters) -Strong demand for its jewellery and watches in the Americas and Europe in a post-pandemic rebound helped quarterly sales at Cartier owner Richemont rise by nearly a third, the world's second-largest luxury group said on Wednesday. Sales at Richemont rose to 5.658 billion euros ($6.41 billion) in the company's third quarter ended December, a 32% increase when currency swings were removed. The performance was 38% better than the 2019 Christmas quarter before the pandemic hit, Richemont said in a statement.
MILAN (Reuters) -Prada sales bounced back sharply in 2021 as pent-up demand for luxury handbags and clothes helped push revenues above pre-pandemic levels, the Italian fashion group said. In an unscheduled trading update, Prada said on Tuesday that group sales last year rose 41% at constant exchange rates to 3.364 billion euros ($3.83 billion), 8% above 2019 levels. Milan-based Prada, known for its minimalist designs, was in the middle of a shift upmarket and online to revive sales when the coronavirus crisis hit, forcing retailers to shut stores around the globe and depriving them of key tourist spending.
Oracle opened a data centre in South Africa on Wednesday to provide local cloud services across Africa for the first time, joining the likes of Microsoft and Amazon in setting up facilities in the southernmost country on the continent. Africa will be the U.S. company's 37th "cloud region" - an area that allows customers to get faster access from a local data centre, in this case in Johannesburg.
U.S.-listed shares of Unilever rose 10.1% on the news, while GSK's fell 2.8%. GSK has rejected three bids from Unilever for its consumer arm, which is home to brands such as Sensodyne toothpaste, Emergen-C vitamin supplement and Panadol painkiller, saying the bids "fundamentally undervalued" the business and its prospects. A spokesperson for GSK responded that the group was strongly focused on maximising shareholder value and very confident in the future of the consumer healthcare business in which Pfizer has a 32% stake.
Solid Q4 production numbers, stellar outlook guidance, and surging silver prices are helping First Majestic Silver stock rally today. The post Why First Majestic Silver Stock Popped 12% Today appeared first on The Motley Fool Canada.
BALTIMORE (AP) — A lawyer for Baltimore's top prosecutor has outlined her defense against federal criminal charges stemming from her purchase of two Florida vacation homes. Baltimore State’s Attorney Marilyn Mosby is accused of lying about meeting qualifications for coronavirus-related distributions from a city retirement plan. Her attorney, A. Scott Bolden, told reporters on Monday that Mosby was entitled to make an early withdrawal from her retirement savings without facing any penalties. “I’m
United Airlines Holdings on Wednesday trimmed its capacity forecast and warned of higher costs, after posting a smaller-than-expected fourth-quarter loss, citing turbulence from the Omicron coronavirus variant. United said its priority is to match capacity with demand. United's shares declined about 2.5% to $43.31 in extended trading.
You still have a chance to reduce your 2021 tax bill by investing up to $27,830 in an RRSP. But know these things before investing. The post RRSP: How to Reduce Your 2021 Tax Bill in January 2022 appeared first on The Motley Fool Canada.
ANKARA, Turkey (AP) — A pipeline that carries oil from Iraq to world markets resumed operating Wednesday after an explosion in southeastern Turkey forced it to shut down for several hours. No one was hurt in the explosion late Tuesday near the town of Pazarcik in Kahramanmaras province. The blast caused a huge fire, and authorities also closed a highway, state-run Turkish news outlet Anadolu Agency reported. The pipeline carries oil from the Kirkuk oil fields in northern Iraq to the Turkish port
U.S. ETFs can be an excellent way to capture high growth with low fees, especially when held in your RRSP. The post 2 Low-Fee, High-Growth U.S. ETFs to Buy and Hold in Your RRSP appeared first on The Motley Fool Canada.
The chip and supply chain shortages of 2021 have been difficult for automakers and consumers alike. But something positive has emerged from the chaos for 2022: more new car introductions. Among other things, the shortage forced many brands to delay the release of all-new and redesigned vehicles that were originally scheduled for 2021. To help you sort through the debuts, the experts at Edmunds have compiled a list of the five hottest vehicles that will arrive at dealerships in the next six to ni
WASHINGTON (Reuters) -The $350 billion in coronavirus relief aid for state and local governments has allowed U.S. cities to respond faster and stronger to an ever changing COVID-19 pandemic, U.S. Treasury Secretary Janet Yellen said on Wednesday. Yellen told a meeting of the U.S. Conference of Mayors that the response by state and local governments is helping to blunt the impact of the highly-contagious Omicron coronavirus variant. "Omicron has presented a challenge and will likely impact some of the data in the coming months, but I am confident it will not derail what has been one of the strongest periods of economic growth in a century," Yellen said.
The Canadian dollar edged up against its broadly stronger U.S. counterpart on Tuesday as oil prices climbed to their highest level since 2014 and investors bet that the Bank of Canada would raise interest rates as soon as next week. The move higher in crude prices "is supporting some oil proxies in the FX space," said Bipan Rai, North America head of FX Strategy at CIBC Capital Markets. Canada is a major producer of oil, which settled 1.9% higher at $85.43 a barrel as possible supply disruption after attacks in the Middle East added to an already tight supply outlook.
Toronto-listed shares of Barrick rose 3% to C$23.90. The Carlin and Cortez mines are part of Nevada Gold Mines, a joint venture between Barrick and Newmont Corp. Barrick, which has a 61.5% stake in the joint venture, operates the Nevada mines. Barrick said the average market price for gold in the quarter was $1,795 per ounce, up from $1,790 per ounce in the prior quarter.
In celebration of the Year of The Tiger, luxury Canadian outerwear brand, Nobis, has announced the launch of its 2022 Lunar New Year Capsule Collection. "Nobis" in Latin translates to "us," and since its inception, the brand has always celebrated culture and emphasized the importance of community collaboration and representation. This year, Nobis celebrates the Year of the Tiger by partnering with Fête Chinoise, a Chinese-Canadian cultural platform created by design firm Palettera to develop a s
Norra Metals Corp. ("Norra" or the "Company") (TSXV: NORA) (Frankfurt: 1KO) (OTC: NRRMF) intends to complete a non-brokered private placement, on a best efforts basis, of up to 10,000,000 units (the "Units") with a 20% over-allotment option at a price of $0.065 per Unit for gross proceeds of up to $650,000 (the "Offering").
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