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How this new restaurant in Morell, P.E.I. helps a father stay close to home with family
It was a busy Sunday morning on April 21 at Dreadnaught Eatery as Derek Perry and his wife, Natasha, worked together in the kitchen of their newly opened restaurant, getting everything ready for the opening at 11 a.m. Their seven-year-old daughter, ...
N.S. fuel update for April 26, 2024: Gas up, disel down
Gas prices are up and diesel prices are down after the latest Nova Scotia Utility and Review Board price adjustment. Gas prices are up by 2.4 cents to a minimum price of $1.893 per litre this week in Cape Breton, while diesel prices dropped by 4.9 ...
Morning Bid: Big Tech see-saw flips positive, yen swings wildly
A look at the day ahead in U.S. and global markets from Mike Dolan A volatile week for Wall Street megacaps looks set to end with a positive twist as Microsoft and Alphabet earnings wowed the gallery overnight, while the yen plunged anew in Asia as ...
Russia's Yandex reports Q1 revenue rise as market awaits spin-off news
MOSCOW (Reuters) - Russian internet giant Yandex reported a 40% rise in first-quarter revenue to 228.3 billion roubles ($2.47 billion), driven by growth in e-commerce and ride-hailing, with the market awaiting news on a much anticipated corporate ...
Lending and consumer data cements case for ECB rate cuts
FRANKFURT (Reuters) - Euro zone lending continued to stagnate in March and consumers trimmed their inflation expectations as record-high borrowing costs kept putting the brakes on the euro zone's economy, European Central Bank (ECB) reports ...
China's Bank of Communications Q1 profit rises 1.44%
BEIJING/SHANGHAI (Reuters) - China's Bank of Communications Co Ltd (BoCom), reported a 1.44% rise in first-quarter net profit amid a slowing economy. BoCom, the first among five of the nation's biggest state banks reporting first-quarter results, ...
China's CITIC Securities posts 8.5% fall in first-quarter profit
BEIJING/SHANGHAI(Reuters) - CITIC Securities Co, China's biggest brokerage, on Friday reported an 8.5% fall in first-quarter net profit. Net profit fell to 4.96 billion yuan ($684.47 million) in the three months to March 31, compared with 5.42 ...
Electrolux Q1 loss nearly triples on weak demand but beats expectations
By Marie Mannes STOCKHOLM (Reuters) - Electrolux's operating loss nearly tripled in the first quarter on weak demand and poor performance in North America, but the loss was smaller than expected as raw material costs eased, sending shares up 6%. ...
Euro zone consumers lower inflation expectations again, ECB survey shows
FRANKFURT (Reuters) - Euro zone consumers lowered their expectation for inflation over the next 12 months in March but continued to see price growth above the European Central Bank's 2% target further out, the ECB's Consumer Expectations Survey ...
Huawei's smart car tech offers automakers route to China sales
BEIJING (Reuters) - It's taken Huawei just four years to become a force in smart car technology, navigating the devastation of trade sanctions on its smartphones business while simultaneously developing a driver assistance system that is the ...