production-lines

Canada took 4 months to send money after deciding to buy air defence system for Ukraine

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Canada took 4 months to send money after deciding to buy air defence system for Ukraine

It initially took Canada four months to get into the queue after deciding to join a plan by the United States to buy urgently needed National Advanced Surface-to-Air Missile Systems (NASAMS) for Ukraine. Defence Minister Bill Blair insists the lag did not contribute to the slow pace of acquiring the high-tech defensive capability, which is … Read more

Tesla’s Q1 net income down 55% year over year

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Tesla’s Q1 net income down 55% year over year

Tesla’s first-quarter net income plummeted 55 per cent, but its stock price surged in after-hours trading Tuesday as the company said it would accelerate the production of new, more affordable vehicles. The Austin-based company said it made $1.13 billion US from January through March compared with $2.51 billion US in the same period a year ago. … Read more