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Nutrien raising potash production this year in response to uncertainty Ukraine war

Nutrien raising potash production this year in response to uncertainty Ukraine war

SASKATOON — Nutrien Ltd. is raising its potash production this year in response to the uncertainty of supply from eastern Europe as Russia's invasion of Ukraine continues.
BRP expanding pontoon boat capacity in Michigan, creating close to 200 jobs

BRP expanding pontoon boat capacity in Michigan, creating close to 200 jobs

VALCOURT, Que. — BRP Inc. is expanding its Manitou pontoon boat manufacturing capacity in Michigan in a move that will create close to 200 new jobs and nearly double its workforce in the state.
'Workcations' embraced by Canadians, companies looking to improve work-life balance

'Workcations' embraced by Canadians, companies looking to improve work-life balance

TORONTO — When the winter doldrums set in earlier this year, Scott Taber headed for warmer climes but he didn’t leave work behind.
Amazon closes $8.5B deal to acquire Hollywood studio MGM

Amazon closes $8.5B deal to acquire Hollywood studio MGM

Amazon announced Thursday it has closed its acquisition of Hollywood studio MGM, two days after European regulators said the deal “would not significantly reduce competition” in European markets. The retail giant had announced the $8.
Major UK ferry operator fires 800 crew after pausing service

Major UK ferry operator fires 800 crew after pausing service

LONDON (AP) — P&O Ferries, one of the largest ferry operators serving the United Kingdom, fired 800 crew members with “immediate" effect, saying Thursday that the company’s survival depends on “swift and significant changes.
Bank of England raises rates as Ukraine war boosts inflation

Bank of England raises rates as Ukraine war boosts inflation

LONDON (AP) — The Bank of England raised its key interest rate Thursday for the third time since December as it pushes ahead faster than other central banks in combating a global wave of inflation that is set to accelerate following Russia’s invasion
Fewer Americans file for jobless claims last week

Fewer Americans file for jobless claims last week

WASHINGTON (AP) — Fewer Americans applied for unemployment benefits last week as layoffs continue to fall amid a strong job market rebound.

MDA reports $600,000 Q4 profit, revenue up 15 per cent from year ago

BRAMPTON, Ont. — MDA Ltd. reported a fourth-quarter profit of $600,000 compared with a loss of $12.6 million in the last three months of 2020 as its revenue rose 15 per cent.

Emirati-flagged cargo ship sinks in Persian Gulf off Iran

DUBAI, United Arab Emirates (AP) — An Emirati-flagged cargo ship sank Thursday off Iran in the Persian Gulf in poor weather, authorities said, with rescuers attempting to account for all of its 30 crew members. Capt.
Fed begins inflation fight with key rate hike, more to come

Fed begins inflation fight with key rate hike, more to come

WASHINGTON (AP) — The Federal Reserve launched a high-risk effort Wednesday to tame the worst inflation since the early 1980s, raising its benchmark short-term interest rate and signaling up to six additional rate hikes this year.