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Bombardier to collaborate with Aston Marton on business jet design services

Bombardier to collaborate with Aston Marton on business jet design services

MONTREAL — Bombardier Inc. is teaming up with luxury automaker Aston Martin. The Montreal-based company will collaborate with the British company on custom design services for its business jets.
US jobless claims tick up to 745,000 as layoffs remain high

US jobless claims tick up to 745,000 as layoffs remain high

WASHINGTON — The number of Americans applying for unemployment benefits edged higher last week to 745,000, a sign that many employers continue to cut jobs despite a drop in confirmed viral infections and evidence that the overall economy is improving
Calfrac Well Services reports Q4 profit due to debt settlement gain

Calfrac Well Services reports Q4 profit due to debt settlement gain

CALGARY — Calfrac Well Services Ltd. reported a fourth-quarter profit of $125.9 million, boosted by a gain on the settlement of debt. The oilfield services company says the profit for the quarter ended Dec. 31 amounted to $2.19 per diluted share.
EU regulator starts a review of Russia's COVID-19 vaccine

EU regulator starts a review of Russia's COVID-19 vaccine

MOSCOW — The European Medicines Agency has started a rolling review of Russia's Sputnik V coronavirus vaccine, many months after it was first approved for use in Russia and after dozens of countries around the world have authorized it.
UK, 4 nations fast-track review of modified COVID vaccines

UK, 4 nations fast-track review of modified COVID vaccines

LONDON — Regulators in the U.K. and four other countries have announced new rules to fast-track the development of modified COVID-19 vaccines to ensure drugmakers can move swiftly to target emerging variants of the disease.
Twitter to launch engineering hub in Canada with dozens of hires this year

Twitter to launch engineering hub in Canada with dozens of hires this year

TORONTO — Twitter Inc. will be bulking up on Canadian talent this year with a hiring spree meant to add dozens of engineers in the country to its staff. The San Francisco, Calif.
Hudson's Bay launching online marketplace, adding third-party sellers to its website

Hudson's Bay launching online marketplace, adding third-party sellers to its website

Hudson's Bay Co. hopes to transform its website into Canada’s next online shopping marketplace in a bid to position itself as a premium, home-grown alternative to e-commerce heavy hitters like Amazon.

Texas power grid CEO fired after deadly February blackouts

AUSTIN, Texas — Texas' power grid manager was fired Wednesday amid growing calls for his ouster following February's deadly blackouts that left millions of people without electricity and heat for days in subfreezing temperatures.

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (18,320.67, down 100.93 points.) Suncor Energy Inc. (TSX:SU). Energy. Up 14 cents, or 0.54 per cent, to $26.25 on 17 million shares.
Investor frenzy accelerates Canada stock market activity in February, TMX reports

Investor frenzy accelerates Canada stock market activity in February, TMX reports

TORONTO — Canadian stock market activity soared in February as an investor frenzy for stocks such as BlackBerry Ltd.'s was accelerated by surplus cash from COVID-19 lockdowns.