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Profit at Japan's SoftBank zooms on lucrative investments

Profit at Japan's SoftBank zooms on lucrative investments

TOKYO — Japanese telecommunications and technology conglomerate Softbank Group Corp. reported Monday a whopping 1.17 trillion yen ($11 billion) profit for the October-December quarter as its investments rose in value.

Shares jump after Paramount Resources posts fourth quarter production beat

CALGARY — Shares in Paramount Resources Ltd. are on the rise after it reported oil and gas production that beat its own guidance and announced it had sold non-core assets for $80 million.
Feds to name likely cause of Kobe Bryant helicopter crash

Feds to name likely cause of Kobe Bryant helicopter crash

LOS ANGELES — In the year since the helicopter carrying Kobe Bryant crashed into a hillside on a foggy morning, killing all nine aboard, there’s been plenty of finger-pointing over the cause of the tragedy. Bryant’s widow blamed the pilot.

Well Health Technologies signs deal to buy CRH Medical for US$292.7 million

VANCOUVER — Well Health Technologies Corp. has signed a deal to buy CRH Medical Corp. for US$292.7 million. Under the agreement, Well Health will pay US$4 per share for the Vancouver-based company.
Pope seeks 'Copernican revolution' for post-COVID economy

Pope seeks 'Copernican revolution' for post-COVID economy

ROME — Pope Francis urged governments on Monday to use the coronavirus crisis as a revolutionary opportunity to create a world that is more economically and environmentally just — and where basic health care is guaranteed for all.
Australian leader dismisses reports of China-built city

Australian leader dismisses reports of China-built city

CANBERRA, Australia — The Australian prime minister on Monday dismissed as “speculative” reports that a Chinese company plans to build a new industrial island city near Australia’s porous sea border with Papua New Guinea.
COVID-19 economic relaunch plan: Alberta restaurants, bars reopen to indoor customers

COVID-19 economic relaunch plan: Alberta restaurants, bars reopen to indoor customers

EDMONTON — Alberta restaurants can reopen today for in-person dining as part of the province’s four-step plan to reopen the economy.
Amazon, Cadillac score with Super Bowl ads

Amazon, Cadillac score with Super Bowl ads

NEW YORK — During this year's Super Bowl, the Tampa Bay Buccaneers reigned supreme on the field. During advertising's biggest night, there were hits and misses as well.

Alberta pork plant sees rise in COVID cases, one death, in recent weeks

RED DEER, Alta. — A company that operates a pork processing plant in central Alberta says a COVID-19 outbreak at the facility has grown to nearly 80 cases this weekend.
Five things to watch for in the Canadian business world in the coming week

Five things to watch for in the Canadian business world in the coming week

TORONTO — Five things to watch for in the Canadian business world in the coming week: Insurance results Canada's big life insurance companies report their quarterly results this week.