Business

'We brought The Seed Company into the 21st century': St. John's-based business prepares to celebrate 100 years

When Peter Byrne's great-grandfather, E.W. Gaze, opened Gaze Seed Company in 1925, it was the only seed company in N.L. Better known today as The Seed Company, they supplied seeds to farmers and gardeners across the island through mail via a ...

Updated 14 hours ago |7 min read

All fuel prices drop in Newfoundland and Labrador overnight Thursday, April 25

Updated a day ago |1 min read

Higher gas prices are expected to have bumped up inflation in March.

Prices at the Pumps: Some small relief, more for diesel

Updated 5 hours ago |1 min read

Construction boom hits Moncton in first quarter of 2024

Updated 10 hours ago |2 min read

Union to launch boycott of Java Blend coffee shops in Halifax

Updated 9 hours ago |3 min read

Yen at its weakest in decades as BOJ meets

Updated 5 minutes ago |3 min read

Oil pump jacks are seen at the Vaca Muerta shale oil and gas deposit in the Patagonian province of Neuquen, Argentina, January 21, 2019.

Oil prices rise as US official eases market concerns over economic headwinds

Georgina McCartney |Updated 5 minutes ago |2 min read

By Georgina McCartney (Reuters) - Oil prices rose in early trade on Friday, as players took stock of the U.S. Treasury secretary's comments that the country's economy is likely in a stronger position than indicated by weak first-quarter data, ...

A general view of Mumbai's central financial district, India June 13, 2017.

Global economy set to stay on a roll for the rest of the year - Reuters poll

Hari Kishan |Updated 15 minutes ago |3 min read

By Hari Kishan BENGALURU (Reuters) - The global economy is likely to carry its solid momentum for the rest of the year and into 2025, defying earlier expectations of a slowdown, according to a Reuters poll of economists who said stronger growth ...

Japanese Finance Minister Shunichi Suzuki speaks during the presidency press conference at the G7 meeting of finance ministers and central bank governors, at Toki Messe in Niigata, Japan, Saturday, May 13, 2023. Shuji Kajiyama/Pool via

Japan is concerned about weak yen's negative effects, Finance Minister says

Reuters |Updated 15 minutes ago |1 min read

TOKYO (Reuters) - Japanese Finance Minister Shunichi Suzuki said on Friday he is concerned about negative effects of the weak yen as the currency has continued to slide this year. The dollar hovered around 155.58 yen on Friday morning after ...

BHP shares fall 3.6% after making $39 billion bid for rival Anglo American

Reuters |Updated 4 minutes ago |1 min read

(Reuters) - BHP Group shares fell 3.6% on Friday in the first day of trading since revealing a $38.8 billion bid for smaller rival Anglo American in a deal that would forge the world's largest copper miner. (Reporting by Scott Murdoch in Sydney; ...

People are seen at a market street in Tokyo, Japan, January 23, 2017. Picture taken on January 23, 2017.

Inflation in Japan's capital falls below BOJ target, slows for 2nd month

Leika Kihara |Updated 4 minutes ago |2 min read

By Leika Kihara TOKYO (Reuters) - Core inflation in Japan's capital slowed for a second month in April to fall below the central bank's 2% target, data showed on Friday, complicating its decision on how soon to raise interest rates. The reading ...

Pedestrians walk past the Bank of Japan building in Tokyo, Japan March 18, 2024.

Bank of Japan may signal near-term rate hike with new price forecasts

Leika Kihara |Updated 2 hours ago |3 min read

By Leika Kihara TOKYO (Reuters) - The Bank of Japan on Friday is set to project inflation will stay near its 2% target in coming years and signal its readiness to raise interest rates from near-zero, in hope of keeping yen bears from pushing the ...

FICO posts higher profit on scores business strength

Reuters |Updated 2 hours ago |1 min read

(Reuters) - Credit scoring giant Fair Isaac Corp posted a rise in second-quarter profit on Thursday, helped by robust demand for its scores and software businesses. The seven-decade-old company is best known for its FICO Score, the standard ...

A crow sits on wood framing at a commercial construction project in Encinitas, California, U.S., July 30, 2020.

Weyerhaeuser beats quarterly profit estimates on high real estate demand

Reuters |Updated 2 hours ago |1 min read

(Reuters) - U.S. forest product firm Weyerhaeuser on Thursday beat estimates for first-quarter profit on increased demand for housing construction. Tight supply of existing homes in the United States pushed buyers to opt for newly made houses, ...

Signage is seen outside a Capital One Bank in Manhattan, New York, U.S., November 12, 2021.

Capital One's first-quarter profit jumps on interest income boost

Reuters |Updated 2 hours ago |2 min read

(Reuters) - Capital One Financial's first-quarter profit rose 35% as customers paid more on the company's credit-card loans amid higher interest rates. Net interest income (NII) - the difference between what it makes on loans and pays out on ...

Storage tanks and gas-chilling units are seen at Freeport LNG, the second largest exporter of U.S. liquified natural gas, near Freeport, Texas, U.S., February 11, 2023. Reuters/Arathy Somasekhar/File Photo

As demand for US LNG booms, one plant struggles to stay online

Curtis Williams |Updated 2 hours ago |2 min read

By Curtis Williams HOUSTON (Reuters) - The second-largest U.S. liquefied natural gas (LNG) export facility has been running below 80% of its capacity due to technical problems, data from financial firm LSEG showed, denting U.S. exports. Since ...