Business
US consumer sentiment tops estimates in March to hit nearly 3-yr high, UMich says
(Reuters) - U.S. consumer sentiment rose unexpectedly in March to the highest in nearly three years thanks in part to growing confidence that inflation will keep softening. The University of Michigan's benchmark Consumer Sentiment Index rose to a ...
IN PHOTOS: Former CarQuest parts store in Sydney being torn down
The former Carquest Auto Parts location on George Street in Sydney is being demolished. According to the store, its roof collapsed following the large early February snowstorm that buried the region in several feet of snow. Carquest has moved to a ...
CRA, day trader argue over whether pandemic hurt his income enough to claim CERB
The Canada Revenue Agency provided an update this week on its ongoing internal review and investigation into the approximately 600 CRA employees who may have inappropriately applied for, and received, the Canada Emergency Response ...
U.S. pending home sales increase moderately, NAR says
By Amina Niasse (Reuters) - Pending home sales in the U.S. rose 1.6% in February, spurred by modest inventory increases and job gains, a report on Thursday said. The National Association of Realtors (NAR) Pending Home Sales index rose 1.6% to ...
Factbox-Companies sell their businesses in Russia
(Reuters) - Some Western companies have sold their Russian assets or handed them over to local managers to comply with sanctions over the war in Ukraine and respond to threats from the Kremlin that it may seize foreign-owned assets. The moves, ...
Xiaomi's first EV to go on sale at starting price of 215,900 yuan
BEIJING (Reuters) - Xiaomi's highly anticipated electric vehicle (EV) will go on sale at a starting price of 215,900 yuan ($29,869.54), the Chinese smartphone company said as it announced the launch of its first car in the world's largest auto ...
ECB rate cut in June looking more certain, what follows less so- Reuters poll
By Indradip Ghosh BENGALURU (Reuters) - The European Central Bank will cut interest rates in June, according to an overwhelming number of economists in a Reuters poll, but only a tiny majority now expect cumulative cuts of 100 basis points or ...
US, UK probe $20 billion of crypto transfers to Russian exchange, Bloomberg reports
(Reuters) - The U.S. and UK are reviewing more than $20 billion of cryptocurrency transactions that passed through a Russia-based virtual exchange Garantex, Bloomberg News reported on Thursday citing people familiar with the matter. (Reporting ...
Chocolate prices to keep rising as West Africa's cocoa crisis deepens
By Maxwell Akalaare Adombila and Joe Bavier SAMREBOI, Ghana (Reuters) - Surveying the stripped landscape of her farm - dotted with pools of cyanide-tainted, tea coloured waste water left by illegal gold miners - is enough to make Janet Gyamfi ...
Canadian dollar weakens, benchmark yield climbs
The Canadian dollar weakened against the greenback on Thursday, and the yield on benchmark government debt climbed. The loonie was trading 0% lower at C$1.357 to the greenback, or 73.69 U.S. cents, after trading in a range of 1.3567 to 1.3613.