Air Canada more than doubled the number of passengers carried during a busy but chaotic summer season. (Photo by Nicolas Economou/NurPhoto via Getty Images) Air Canada (AC.TO) posted a smaller loss in…
Tag: cuts
3 oil stocks under the radar after OPEC+ cuts | OilPrice.com
After an initial jolt following OPEC’s announcement of a 2 million barrel per day production cut, oil prices fell sharply on a host of negative catalysts including a strong dollar, a hawkish…
RenoRun cuts 43% of its staff as Canadian tech layoffs rise
Another Canadian startup that raised significant venture capital during the pandemic tech boom has downsized as the sector’s problems worsen. RenoRun Inc., a Montreal startup that is building an Instacart-like service delivering…
Middle Eastern producers cautious about rising prices after OPEC+ production cuts | OilPrice.com
As November 2022 approaches, knowing that intra-OPEC+ cohesion has been fully restored and the oil major has been given a new long-term ambition, pricing decisions for Middle East cargoes loaded on next…
Tesla cuts prices in China
Photo: CGV/CGV (Getty Images) Elon Musk has slashed the price of a new Tesla by 9%, but only if it’s made and sold in China; Hyundai wants you to know it’s now…