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

Vivendi says feasibility study for planned split is in progress

Updated 7 minutes ago |1 min read

Japanese yen and U.S. dollar banknotes are seen with a currency exchange rate graph in this illustration picture taken June 16, 2022.

Instant view: Japan's yen jumps 5 yen against dollar on suspected intervention

Reuters |Updated 7 minutes ago |4 min read

(Reuters) - The yen jumped suddenly against the dollar on Monday, with traders citing yen-buying intervention by Japanese authorities to boost the currency that is languishing near 34-year lows. The dollar fell sharply to 155.01 yen from as ...

Chinese property shares rally on stimulus hopes

Clare Jim, Xie Yu |Updated 17 minutes ago |2 min read

By Clare Jim and Xie Yu HONG KONG (Reuters) -Shares of Chinese property developers rallied on Monday on speculation more stimulus measures are likely to be unveiled this week aimed at clearing inventory, boosting sales and lifting home purchase ...

File photo: Construction on Crown Towers Sydney, a casino and hotel complex, takes place on the harbour waterfront in Sydney, Australia, October 21, 2020.

Blackstone-owned Crown Resorts to cut up to 1,000 jobs as challenges mount

Reuters |Updated 27 minutes ago |1 min read

(Reuters) - Blackstone-owned Crown Resorts will cut up to 1,000 roles in Melbourne, Perth and Sydney, it said on Monday, as weak economic conditions continue to impact its business and as it struggles to keep up with regulatory obligations. The ...

A truck passes by a chemical factory near the Jinjie Industrial Park in Shenmu, Shaanxi province, China November 20, 2023.

China's April factory activity likely expanded at slower speed: Reuters poll

Reuters |Updated 46 minutes ago |2 min read

BEIJING (Reuters) - China's manufacturing activity in April likely expanded at a slower pace, a Reuters poll showed on Monday, indicating the country's sprawling factory sector may have lost some momentum at the start of the second quarter. The ...

OpenAI's ChatGPT targeted in Austrian privacy complaint

Foo Yun Chee |Updated 47 minutes ago |2 min read

By Foo Yun Chee BRUSSELS (Reuters) - Microsoft-backed startup OpenAI on Monday found itself the target of a privacy complaint by advocacy group NOYB for allegedly not fixing incorrect information provided by its generative AI chatbot ChatGPT that ...

A truck carrying a shipping container travels past cranes at Pyeongtaek port in Pyeongtaek, South Korea, July 9, 2020.

South Korea's chip-led export growth to quicken in April: Reuters poll

Jihoon Lee |Updated 56 minutes ago |2 min read

By Jihoon Lee SEOUL (Reuters) - South Korea's exports are expected to have risen at a faster pace in April, extending gains for a seventh straight month on strong chip sales, a Reuters poll showed on Monday. Exports out of Asia's fourth-largest ...

A street sign marks Wall Street outside the New York Stock Exchange (NYSE) in New York City, where markets roiled after Russia continues to attack Ukraine, in New York, U.S., February 24, 2022.

In the Market: Economic surprises are messing with the market's favorite recession predictor

Paritosh Bansal |Updated 56 minutes ago |4 min read

By Paritosh Bansal (Reuters) - A bond market anomaly that has reliably predicted a U.S. recession in the past may normalize this year in a highly unusual manner. It's a worry for markets. The market signal, called a yield curve, has been upside ...

Instant view: Japan's yen jumps against the dollar after earlier plunge

Reuters |Updated 6 minutes ago |1 min read

(Reuters) - The Japanese yen jumped suddenly against the dollar on Monday, with traders on high alert for signs of intervention by Japanese authorities to boost the currency that is languishing near 34-year lows. The dollar fell sharply to 156.55 ...

Shell earns $1 billion a year from US crude trading, court filing shows

Arathy Somasekhar, Ron Bousso |Updated 57 minutes ago |2 min read

By Arathy Somasekhar and Ron Bousso HOUSTON (Reuters) - Financial details of Shell's vast oil and gas trading business are some of the company's closest-held secrets. Documents in a lawsuit filed by a former employee, however, revealed its U.S.

Figurines with computers and smartphones are seen in front of the words "Artificial Intelligence AI" in this illustration taken, February 19, 2024.

Analysis-Second global AI safety summit faces tough questions, lower turnout

Martin Coulter |Updated 57 minutes ago |4 min read

By Martin Coulter LONDON (Reuters) - Last year, a who’s who of world leaders, corporate executives and academic experts gathered at Britain’s Bletchley Park for the world’s first global AI Safety Summit, hoping to reach consensus on the ...