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Nuvei earns US$14.1 million in fourth quarter, revenues also rise

Nuvei earns US$14.1 million in fourth quarter, revenues also rise

MONTREAL — Nuvei Corp. says it earned US$14.1 million in the fourth quarter, up from US$9.4 million a year earlier. The Montreal-based payment technology company, which reports in U.S. dollars, says revenue for the quarter ended Dec. 31 was US$321.
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Stellantis to produce electric muscle cars in Windsor. Ont. plant

Stellantis to produce electric muscle cars in Windsor. Ont. plant

WINDSOR, Ont. — Stellantis says its electric Dodge Charger will be built at the Windsor, Ont. assembly plant. The automaker says the EV version marks the arrival of the next generation of Dodge muscle cars.
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Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (21,525.93, down 5.14 points): Canadian Natural Resources Ltd. (TSX:CNQ). Energy. Up $1.22, or 1.27 per cent, to $96.96 on 24.
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Bitcoin briefly hits an all-time high, less than two years after FTX scandal clobbered crypto

Bitcoin briefly hits an all-time high, less than two years after FTX scandal clobbered crypto

NEW YORK (AP) — Bitcoin has hit an all-time high less than two years after the collapse of the crypto exchange FTX severely damaged faith in digital currencies and sent prices plunging.
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Aecon Group's profit down in fourth quarter at $9.7 million, but up for full year

Aecon Group's profit down in fourth quarter at $9.7 million, but up for full year

TORONTO — Aecon Group Inc. says it earned $9.7 million in the fourth quarter of 2023, down from $19.7 million a year earlier. The Toronto-based company says revenue for the quarter ended Dec. 31 totalled $1.13 billion, down from $1.
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S&P/TSX composite essentially flat on Tuesday, U.S. markets fall

S&P/TSX composite essentially flat on Tuesday, U.S. markets fall

TORONTO — Canada's main stock index moved a hair lower on Tuesday, while U.S. markets fell, led by the Nasdaq losing 1.65 per cent. Big technology stocks dragged down U.S. markets, said Anish Chopra, managing director with Portfolio Management Corp.
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Flair Airlines CEO hopes to bid on some Lynx planes after shutdown scuttles deal

Flair Airlines CEO hopes to bid on some Lynx planes after shutdown scuttles deal

Flair Airlines chief executive Stephen Jones says he still hopes to add several Lynx Air planes to his fleet, even after their tentative merger fell through when Lynx shut down last month.
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Stock market today: Wall Street slumps to worst day in weeks; bitcoin touches record before tumbling

Stock market today: Wall Street slumps to worst day in weeks; bitcoin touches record before tumbling

NEW YORK (AP) — Big Tech stocks pulled Wall Street down to its worst day in three weeks. The S&P 500 fell 1% Tuesday, its second straight drop after closing last week at an all-time high.
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PBO expects inflation to fall to 2% by end of year, deficit to grow amid weak economy

PBO expects inflation to fall to 2% by end of year, deficit to grow amid weak economy

OTTAWA — The parliamentary budget officer is projecting inflation will return to the Bank of Canada's two per cent target by the end of the year and the federal deficit will grow amid weakening economic conditions.
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Bitcoin briefly touches all-time high before retreat

Bitcoin briefly touches all-time high before retreat

TORONTO — Bitcoin briefly touched an all-time high Tuesday of more than US$69,000 before losing thousands of dollars of value within hours.
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