Business

Richard Paquet is owner of The Knotty Pretzel, which operated at the Downtown Farmers’ and Artisans’ Market on Queen Street. - Contributed

Food vendors no longer allowed at downtown Charlottetown market say they are disappointed

For Sandra Sunil and her family at 4S Catering, the news was a surprise. They are one of eight food vendors at the Downtown Farmers’ and Artisans' Market in Charlottetown that will not be able to operate at the market this year. The vendors all ...

Updated 19 hours ago |5 min read

Former P.E.I. environment minister raises risks of saltwater getting into drinking water

Updated 19 hours ago |4 min read

Brad Trivers, a former Minister of Environment, raised the issue of saltwater intrusion on the province’s groundwater from coastal areas due to erosion. – Stu Neatby

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

Updated a day ago |1 min read

MONEY LADY PODCAST: How to author a wealthier life

Updated 9 hours ago |1 min read

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

Updated 20 hours ago |8 min read

SYLVAIN CHARLEBOIS: The Trudeau paradox of more spending and more hunger

Updated 7 hours ago |4 min read

A view of the Nissan Hyper Force Concept during the Japan Mobility Show 2023 at Tokyo Big Sight in Tokyo, Japan October 25, 2023.

Nissan cuts annual operating profit estimate by 14.5% on lower sales

Reuters |Updated 16 minutes ago |1 min read

TOKYO (Reuters) - Nissan Motor slashed its annual operating profit estimate by 14.5% on Friday citing lower-than-expected vehicle sales and other factors. Japan's third-largest automaker by volume now estimates an operating profit of 530 billion ...

Pakistan Finance Minister Muhammad Aurangzeb is interviewed by Karin Strohecker, Reuters Chief Correspondent Emerging Markets, during the G20 Finance Ministers and Central Bank Governors' Meeting at the IMF and World Bank’s 2024 annual Spring Meetings in Washington, U.S., April 18, 2024.

Pakistan aims to agree outline of new IMF loan in May - Finance Minister

Karin Strohecker |Updated 45 minutes ago |2 min read

By Karin Strohecker WASHINGTON (Reuters) - Pakistan hopes to agree the contours of a new International Monetary Fund loan in May, Finance Minister Muhammad Aurangzeb told Reuters, and has kicked off talks with ratings agencies to lay the ...

People walk past mannequins in a shopping centre in London, Britain, January 17, 2023.

UK retail stagnated again in March, ONS says

Reuters |Updated 6 minutes ago |1 min read

LONDON (Reuters) - British retail sales volumes stagnated for the second month in a row in March, the Office for National Statistics said on Friday. Economists polled by Reuters had mostly forecast sales volumes would increase by 0.3% on the ...

Two workers install a bifacial 540 W solar panel at a solar panels park by energy supplier Enel Green Power, in Trino Italy, March 5, 2024.

Column-Plunging solar capture rates to test nerve of Europe's policymakers: Maguire

Gavin Maguire |Updated 46 minutes ago |5 min read

By Gavin Maguire LITTLETON, Colorado (Reuters) - Wholesale power prices coming under pressure from surging solar output is not a new concept in power markets, but looks set to become a potentially divisive issue across Europe as rampant ...

Vehicles pass trucks, parked at the emergency lane after heavy snowfall at the A3 highway, near Aegidinberg, Germany, January 18, 2024.

German producer prices fall 2.9% y/y in March

Reuters |Updated 46 minutes ago |1 min read

(Reuters) - German producer prices fell less than expected in March, decreasing by 2.9% on the year, the federal statistics office reported on Friday. Analysts polled by Reuters had expected a 3.2% decline.The office publishes more detailed data ...

Australia fines Macquarie Bank $6.4 million for not preventing unlawful third-party transactions

Reuters |Updated 1 hour ago |2 min read

(Reuters) - The Federal Court of Australia has fined Macquarie Bank A$10 million ($6.4 million) for its lack of controls to detect and prevent unauthorised fee transactions carried out by third parties on customer accounts, the securities ...

A tourist shelters from the rain under an Union Jack umbrella near the Bank of England in the City of London financial district in London, Britain, February 13, 2024.

Slow growth, high debt - troubled UK economy awaits election winners

William Schomberg, Sumanta Sen and Pasit Kongkunakornkul |Updated 1 hour ago |4 min read

By William Schomberg, Sumanta Sen and Pasit Kongkunakornkul LONDON (Reuters) - Britain's national election, expected later this year, will take place against a backdrop of persistently slow economic growth, high public debt and little room to ...

Vietnam continues support for bank engulfed in massive fraud, central bank says

Reuters |Updated 1 hour ago |1 min read

HANOI (Reuters) - Vietnam's central bank said on Friday it had continued providing support to Saigon Joint Stock Commercial Bank (SCB), which it put under special supervision in October 2022 after a run on its deposits. Reuters reported on ...

Storm clouds gather over the U.S. Federal Reserve Building before an evening thunderstorm in Washington June 9, 2006.

Fed's rate-cut foot-dragging grates on global peers at IMF meetings

Marcela Ayres, Leika Kihara and Karin Strohecker |Updated 1 hour ago |4 min read

By Marcela Ayres, Leika Kihara and Karin Strohecker WASHINGTON (Reuters) - Finance chiefs from economies large and small are scrambling to keep pace with the Federal Reserve's rapid resetting of rate-cut expectations as U.S. inflation data roils ...

A tourist boat travels on the River Seine near the Alma bridge with the Eiffel Tower in the background at night in Paris, France, April 18, 2024.

Analysis-Big investors steer clear of French debt as government finances creak

Dhara Ranasinghe, Yoruk Bahceli |Updated 1 hour ago |4 min read

By Yoruk Bahceli and Dhara Ranasinghe (Reuters) - Some of the world's biggest investors are staying away from France's government debt, feeling underpaid to take on exposure to its deteriorating public finances. France's budget deficit came in ...