National Business

MONTREAL — Lightspeed Commerce Inc. will double down on its quest for profitability and larger clients after reporting a loss of US$814.8-million in its latest quarter.

Fletcher Gailey-Snell likes to draw t-rexes and triceratops, hammerhead sharks and belugas. He doesn't particularly enjoy thinking about taxes.

FRANKFURT, Germany (AP) — The European Central Bank chugged ahead with another outsized interest rate hike Thursday and vowed more to come, underlining its drive to subdue inflation even as the European economy slows and the U.S.

NEW YORK (AP) — Stocks are off to higher start on Wall Street, led by gains in tech stocks. Meta Platforms, the parent company of Facebook, soared 19% after delivering an optimistic outlook and announcing a huge share buyback.

TORONTO — Rogers Communications Inc.

TORONTO — Canada Goose Holdings Inc.

MONTREAL — BCE Inc. reported its fourth-quarter profit fell compared with a year ago and in its outlook for 2023 said it expected its adjusted earnings per share for the full year will be down compared with 2022.

LONDON (AP) — The Bank of England raised interest rates by half a percentage point Thursday as it sought to tame double-digit inflation that is fueling a cost-of-living crisis, public-sector strikes and fears of recession.

LONDON (AP) — Global energy giant Shell said Thursday that its annual profits doubled to a record high last year as oil and natural gas prices soared after Russia's invasion of Ukraine . London-based Shell Plc posted adjusted earnings of $39.

CANBERRA, Australia (AP) — Australia is removing the British monarchy from its bank notes. The nation's central bank said Thursday its new $5 bill would feature an Indigenous design rather than an image of King Charles III.