Business

Ryan MacRae, an organizer with P.E.I. Fight for Affordable Housing, questions the intent behind a new application renters can use to reach a group of landlords. Logan MacLean • The Guardian

Centralized application for renters in P.E.I. could lead to privacy concerns, tenant blacklist: advocate

Renters and landlords in P.E.I. have a new way to connect, but it could raise privacy concerns for tenants. In January, the Residential Rental Association of P.E.I. set up an application on its website where renters can reach more than 50 landlords ...

Updated 22 hours ago |5 min read

Canada aims to attract Honda and others with EV tax incentives

Updated 15 hours ago |6 min read

Honda Motor Co's auto plant in Alliston, Ontario. Honda is reportedly close to a major EV deal with the Canadian government.

BDC employees paid over $250 million in bonuses since 2019: documents

Updated Apr. 20, 2024 |4 min read

The Business Development Bank of Canada.

Canada's planned capital gains tax hike may choke mining startups, dealmakers say

Updated 14 hours ago |2 min read

Canada cleans up nearly 700 metric tons of lost fishing gear from 2022 storm Fiona

Updated 13 hours ago |2 min read

BoE's Haskel says looser labour market key for 2% inflation

Updated 16 minutes ago |1 min read

Adobe to bring full AI image generation to Photoshop this year

Stephen Nellis |Updated 56 minutes ago |2 min read

By Stephen Nellis (Reuters) - Adobe said on Tuesday it plans to place a tool for full artificial intelligence image generation in its Photoshop software later this year. Adobe's image and video editing tools are widely used by creative ...

Founder and CEO of Telegram Pavel Durov delivers a keynote speech during the Mobile World Congress in Barcelona, Spain February 23, 2016.

Telegram founder says China downloads have not fallen since Apple move

Josh Ye |Updated 56 minutes ago |2 min read

By Josh Ye HONG KONG (Reuters) - Pavel Durov, billionaire founder and CEO of Telegram, said Apple's move last week to remove the chat app from its China app store had not caused any decrease in downloads from China and criticised Apple instead ...

A view of the exterior of the JP Morgan Chase & Co. corporate headquarters in New York City May 20, 2015.

JPMorgan China names new heads for China investment banking arm

Selena Li |Updated 6 minutes ago |1 min read

By Selena Li HONG KONG (Reuters) - JPMorgan Chase & Co appoints Lu Fang to chair the board of its China investment banking arm, replacing former chair Park Pu, according to a company memo reviewed by Reuters and confirmed by a company ...

Tesla shares edge higher ahead of quarterly results

Reuters |Updated 1 hour ago |2 min read

(Reuters) - Shares of Tesla edged higher on Tuesday ahead of the electric car maker's first-quarter results, with analysts expecting its lowest gross profit margin in more than six years. The stock was up 0.7% at $143 in premarket trading ahead ...

UBS gets backing for capital plan, Ermotti pay from Norway wealth fund

Stefania Spezzati |Updated 1 hour ago |3 min read

By Stefania Spezzati LONDON (Reuters) - Norway's sovereign wealth fund has backed UBS' plan to make its Additional Tier 1 (AT1) bonds, a form of debt, more appealing to investors by protecting them from a wipeout, and also signed off on UBS CEO ...

A general view of the financial district of London is seen in London, Britain, October 19, 2016.

UK businesses expand at fastest pace in 11 months, PMI survey shows

David Milliken |Updated 1 hour ago |2 min read

By David Milliken LONDON (Reuters) - British businesses recorded their fastest growth in activity in nearly a year this month, according to preliminary purchasing managers' data that points to a bigger rebound from last year's shallow recession ...

Guests are seen at "Don Lisander" restaurant in downtown Milan November 10, 2011.

Euro zone business in services-led bounce in April, PMI survey shows

Reuters |Updated 6 minutes ago |2 min read

LONDON (Reuters) - Overall business activity in the euro zone expanded at its fastest pace in nearly a year this month as a buoyant recovery in the bloc's dominant service industry more than offset a deeper downturn in manufacturing, a survey ...

A teller sorts U.S. dollar banknotes inside the cashier's booth at a forex exchange bureau in downtown Nairobi, Kenya February 16, 2024.

Where king dollar is causing pain the most

Alun John, Dhara Ranasinghe |Updated 1 hour ago |4 min read

By Alun John and Dhara Ranasinghe LONDON (Reuters) - A dollar surge propelled by a strong economy, sticky inflation and geopolitical tensions have unnerved policymakers from Tokyo to Beijing and Stockholm. The dollar is at its highest since ...

People look at the new iPhone 15 Pro as Apple's new iPhone 15 officially goes on sale across China at an Apple store in Shanghai, China September 22, 2023.

Apple's Q1 phone sales in China fall 19.1%, Huawei's up 70%

Brenda Goh, Liam Mo |Updated 5 minutes ago |1 min read

By Liam Mo and Brenda Goh BEIJING (Reuters) - Apple's smartphone sales declined by 19.1% in the first quarter of 2024, while rival Huawei's grew by 69.1%, signaling an increasing threat to the U.S. firm's dominance in the high-end segment of the ...

A Microsoft sign is pictured at a trade fair in Hannover Messe, in Hanover, Germany, April 22, 2024.

Microsoft introduces smaller AI model

Reuters |Updated 2 hours ago |1 min read

(Reuters) - Microsoft on Tuesday announced a cost-effective, small language artificial intelligence model that can perform tasks such as content creation and create social media posts while using smaller amounts of data. The company introduced an ...