Business

Prices at the Pumps: An up and down week at the pumps

Subscribe to Prices at the Pumps wherever you enjoy podcasts.

Updated 14 hours ago |1 min read

Lack of investment is a 'big part' of Canada's productivity slowdown — and it could get worse

Updated 16 hours ago |5 min read

"Our lagging productivity and stalled GDP growth mean Canadians are becoming collectively poorer and working harder to just remain where they are today," Perrin Beatty, chief executive of the Canadian Chamber of Commerce, said following the release of budget 2024.

N.S. wants details on Ottawa’s budget promises, finance minister worried about growing federal debt

Updated a day ago |4 min read

Finance Minister Allan MacMaster answers questions from reporters about the provincial budget at One Government Place on Thursday, Feb. 29, 2024.
Ryan Taplin - The Chronicle Herald

HALIFAX RETALES: Danielle Latour tapping the Korean rice beverage market

Updated Apr. 15, 2024 |3 min read

Crab deal will pay dividends this year and pave way for longer-term stability, says union president

Updated a day ago |7 min read

Cultural care: New long-term care facility opens in Eskasoni

Updated 13 hours ago |8 min read

Traders work on the trading floor at the New York Stock Exchange (NYSE) in New York City, U.S., April 4, 2024.

Futures rise as chip stocks bounce back after sell-off

Reuters |Updated 8 minutes ago |2 min read

(Reuters) - Futures for the S&P 500 and the Nasdaq gained on Thursday as some chip stocks recouped losses after a sell-off, while investors awaited Federal Reserve policymakers' stance on interest-rate cuts in the face of resilient economic ...

Visitors film around Xiaomi's first electric vehicle, the SU7, displayed at an event in Beijing, China December 28, 2023.

Xiaomi says sales of its new EV have been 3-5 times higher than expected

Reuters |Updated 9 minutes ago |1 min read

BEIJING (Reuters) - China's Xiaomi said on Thursday that sales of its sporty electric vehicle have been 3-5 times higher than expected, and it had started deliveries of the SU7 - short for Speed Ultra 7 - 12 days earlier than previously ...

People wait for a subway train during morning rush hour in Beijing, China April 11, 2024.

China's central bank says has policy room but credit demand slows

Reuters |Updated 19 minutes ago |2 min read

BEIJING (Reuters) - There is still room for China's central bank to take steps to support the economy, but efforts are needed to prevent cash from sloshing around the banking system as real credit demand weakens, senior officials at the bank said ...

Ravish Kumar, journalist and former senior executive editor at NDTV, addresses a group of journalists at the Press Club of India in New Delhi, India, April 3, 2018.

Critics of India's Modi migrate online as mainstream media stays deferential

Manoj Kumar |Updated 19 minutes ago |5 min read

By Manoj Kumar NEW DELHI (Reuters) - There's scarcely any critical evaluation of Prime Minister Narendra Modi on India's mainstream television channels and most newspapers as the world's most populous nation heads toward a general election that ...

Alaska Airlines commercial airplanes are shown parked off to the side of the airport in San Diego, California, U.S. January 18, 2024, as the the National Transportation Safety Board continues its investigation of the Boeing 737 MAX 9 aircraft.

Alaska Air forecasts second-quarter profit above estimates on strong travel demand

Reuters |Updated 59 minutes ago |2 min read

(Reuters) - Alaska Air Group forecast a better-than-expected profit for the current quarter on Thursday, driven by strong travel demand and expectations for a strong summer season. The airline, the operator of the Boeing plane that suffered a ...

An Alaska Airlines aircraft flies past the U.S. Capitol before landing at Reagan National Airport in Arlington, Virginia, U.S., January 24, 2022.

Alaska Air prioritizes quality, safety of Boeing products over production rate

Reuters |Updated 1 hour ago |3 min read

CHICAGO (Reuters) - Alaska Air Group is not concerned about the production rate of Boeing's 737 MAX planes as it is more focused on the quality and safety of the planemaker's jets, a top company executive said on Thursday. The Seattle-based ...

Model Y cars are pictured during the opening ceremony of the new Tesla Gigafactory for electric cars in Gruenheide, Germany, March 22, 2022. Patrick Pleul/Pool via

Tesla says 300 subcontracted workers let go in Germany

Reuters |Updated 1 hour ago |1 min read

BERLIN (Reuters) - Tesla has let go of 300 temporary workers in Germany in keeping with their contract period, the e-car maker said on Thursday, amid a drive by the company to slim down its global workforce by 10%. "These are not layoffs of Tesla ...

A passerby walks past an electric screen displaying a graph showing today's Japan's Nikkei share average movements outside a brokerage in Tokyo, Japan March 11, 2024.

Foreigners remain buyers of Japanese stocks in week to April 12

Reuters |Updated 1 hour ago |2 min read

(Reuters) - Foreign investors continued purchasing Japanese stocks in the week to April 12, driven by a weaker yen and robust performance in chip-related stocks. They secured stocks worth 829.05 billion yen ($5.37 billion) worth during the week, ...

Binance obtains Dubai licence to target retail clients

Reuters |Updated 1 hour ago |1 min read

DUBAI (Reuters) - Cryptocurrency exchange Binance said on Thursday it had secured a licence from Dubai's regulator VARA that will allow the platform to target retail clients in addition to qualified and institutional ones. Under the Virtual ...

European Central Bank (ECB) Vice-President Luis de Guindos attends a news conference following the ECB's monetary policy meeting in Frankfurt, Germany December 15, 2022.

ECB 'crystal clear' on June rate cut, de Guindos says

Reuters |Updated 1 hour ago |2 min read

FRANKFURT (Reuters) - The European Central Bank has made it "crystal clear" that interest rates could be cut in June but has also been firm that policy decisions beyond that remain up in the air, ECB Vice President Luis de Guindos said on ...