Business

The fall lobster season for P.E.I. fishers will run from Aug. 9 until Oct. 10. File Photo.

Lobster setting day in Northumberland Strait pushed to April 27

Fisheries and Oceans Canada is delaying the start of the lobster fishing season in some parts of P.E.I. due to concerning weather conditions. Environment Canada’s marine forecast of westerly winds peaking at 35 knots is expected to affect wave levels ...

Updated Apr. 25, 2024 |1 min read

Prices at the Pumps: Some small relief, more for diesel

Updated Apr. 25, 2024 |1 min read

Union to launch boycott of Java Blend coffee shops in Halifax

Updated Apr. 25, 2024 |3 min read

CBRM throws its support behind new proposed solar gardens projects

Updated Apr. 25, 2024 |9 min read

Construction boom hits Moncton in first quarter of 2024

Updated Apr. 25, 2024 |2 min read

Hyundai Motor, Kia Corp sign agreement with China's Baidu on connected car technology

Updated 5 hours ago |1 min read

Exclusive-Chinese brokerage CICC cutting dealmakers' base pay by 25%, sources say

Julie Zhu, Selena Li |Updated 6 hours ago |3 min read

By Selena Li and Julie Zhu HONG KONG/SHANGHAI (Reuters) - China International Capital Corp (CICC) is cutting the base pay of onshore investment bankers by as much as 25%, three sources said, in a major effort to reduce costs amid volatile ...

Bangkok's skyline is photographed during sunset in Bangkok, Thailand, July 3, 2023.

Thai ex-executive Pichai named finance minister, faces growth challenge

Orathai Sriring |Updated 9 hours ago |2 min read

By Orathai Sriring BANGKOK (Reuters) - Thai former energy executive Pichai Chunhavajira was named the country's finance minister on Sunday, facing a tough task to revive Southeast Asia's second-largest economy. Pichai, 75, an adviser to Prime ...

Visitors check a Tesla Model 3 car next to a Model Y displayed at a showroom of the U.S. electric vehicle (EV) maker in Beijing, China February 4, 2023.

Elon Musk visits China as Tesla seeks self-driving technology rollout

Reuters |Updated 1 minutes ago |4 min read

SHANGHAI/BEIJING (Reuters) -Tesla CEO Elon Musk arrived in Beijing on Sunday on an unannounced visit, where he is expected to meet senior officials to discuss the rollout of Full Self-Driving software and permission to transfer data overseas, ...

Exclusive-Elon Musk heading to China for visit to Tesla's second-biggest market, sources say

Reuters |Updated 7 hours ago |1 min read

SHANGHAI (Reuters) - Tesla CEO Elon Musk was on a flight heading to Beijing on Sunday to kick off a surprise trip in the electric vehicle maker's second-biggest market, according to two people with knowledge of the matter. Musk is seeking to ...

Mainland Chinese tourists walk in front of the skyline of buildings at Tsim Sha Tsui, in Hong Kong, China May 2, 2023.

Hong Kong economy to grow 2.5%-3.5% in Q1, financial chief says

Reuters |Updated 9 hours ago |1 min read

HONG KONG (Reuters) - Hong Kong's gross domestic product (GDP) is expected to grow between 2.5% and 3.5% for the first quarter, maintaining moderate growth for a fifth consecutive quarter, the city's finance chief said on Sunday. January-March ...

Bahrain's Gulf air to resume flights to Iraq after four-year suspension

Reuters |Updated 20 hours ago |1 min read

(Reuters) - Bahrain's national carrier, Gulf Air, will resume flights to Iraq after a four-year suspension, the Bahraini news agency said on Saturday. Bahrain's flights to Iraq were suspended in 2020 during the coronavirus pandemic, the agency ...

Mercedes-Benz says US DOJ ended investigation into diesel emissions scandal

Reuters |Updated 22 hours ago |1 min read

BERLIN (Reuters) - The U.S. Department of Justice has closed its probe into the Mercedes-Benz diesel emissions scandal and the car manufacturer is no longer facing charges, the company said on Saturday. Mercedes-Benz cooperated fully with the ...

A worker is seen at Anglo American's Los Bronces copper mine in Chile, obtained by Reuters on April 26, 2024. Anglo American/Handout via

BHP considering improved proposal for Anglo American after bid rejected, source says

Reuters |Updated 20 hours ago |2 min read

(Reuters) -BHP Group is considering making an improved offer for Anglo American after its $39 billion initial proposal was rejected by the London-listed miner, a source familiar with the matter told Reuters. BHP is in discussions on a revised bid for ...

Workers wearing face masks following the coronavirus disease (COVID-19) outbreak load steel products for export to a cargo ship at a port in Lianyungang, Jiangsu province, China May 27, 2020. China Daily via REUTERS?File Photo

China Q1 industrial profits' growth pace stirs doubts about economic recovery

Reuters |Updated a day ago |3 min read

By Liangping Gao and Ryan Woo BEIJING (Reuters) -China's industrial profits fell in March and slowed gains for the quarter compared to the first two months, official data showed on Saturday, raising doubts about the strength of a recovery for the ...

U.S. Secretary of State Antony Blinken speaks during a press conference at the U.S. Embassy in Beijing, China, April 26, 2024. Mark Schiefelbein/Pool via REUTERS

U.S. chip bans not meant to hobble China's growth, Blinken says

Stephen Nellis |Updated a day ago |2 min read

(Corrects spelling of Blinken in paragraph 4) By Stephen Nellis (Reuters) -U.S. export controls on sending advanced computing chips to China are not meant to hold back China's economy or technological development, Secretary of State Antony Blinken ...