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Calgary/CMEDIA: Rich Kruger, new chief executive of Suncor Energy reportedly announced his immediate plan of the company’s elimination of 1,500 positions to cut costs by $400 million by the end …
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IBNS: Twitter and Tesla chief Elon Musk has once again reclaimed his position as the world’s richest person. He replaced LVMH boss Bernard Arnault. His net worth has soared by …
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Beijing/China/IBNS: Elon Musk, the CEO of Tesla, recently met with China’s Foreign Minister, Qin Gang, during his visit to Beijing on Tuesday. The Chinese Ministry released a statement confirming the …
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Washington/CMEDIA: Owing to a potential debt default faced by the US, an in-principle agreement to raise the US debt ceiling has been reached by the US President Joe Biden and …
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Toronto, CNEDIA: During the first quarter of 2023, Canadian corporations reported a 5.6% decrease (or -$9.8 billion) to $165.9 billion in Net income before taxes (NIBT) impacting both in financial sector and non-financial sector, Statistics Canada …
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Ottawa/CMEDIA: Statistics Canada’s new report that Canada is facing a widespread labour shortage has led labour economists to argue that high job vacancies aren’t due to a shortage of workers. According to the …
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Winnipeg/CMDIA: Manitoba has maintained its A+ credit rating in recent International credit rating agency S&P Global Ratings reflecting Manitoba’s commitment to fiscal stability, providing historic support to Manitobans affected by …
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IBNS: The euro experienced a decline on Thursday as Germany, the largest economy in Europe, slipped into recession, Reuters reported. Meanwhile, the US dollar reached a two-month high, driven by …
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New Delhi/IBNS: The Reserve Bank of India Friday announced that it will withdraw Rs.2,000 notes from circulation and people can exchange or deposit them in their bank accounts by Sept 30. The …
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Beijing/IBNS: The Chinese leadership faces an uphill task to revive a slowing economy and increase employment opportunities for youth as the latest economic data for April 2023 missed all expectations. …
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