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 4 hours ago |7 min read

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

Updated 15 hours ago |1 min read

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

St. John's Pilates studio helping those with Parkinson's: Classes offered free to those with the disease to help keep people moving

Updated a day ago |6 min read

Sarah Stoker is the owner and operator of Pony Pilates in St. John's. (Contributed)

Time to double the quota? Owner of only N.L. fish plant to process exclusively northern cod thinks stocks are ready and is working to regain its position in global marketplace

Updated a day ago |7 min read

Roll Up to Win confusion: Cape Bretoners disappointed after Tim Hortons email mistake

Updated 5 hours ago |6 min read

CBRM seeks land-use bylaw change for supportive housing units

Updated a day ago |5 min read

A proposal from Five Corners Properties offers 3,000 new residential units in the Bible Hill area. Image Five Corners Properties

Five Corners Properties talk 3,000 unit housing project in Bible Hill

Brendyn Creamer |Updated a day ago |5 min read

Entrepreneur Evan Price hopes to build a Bible Hill community hub. Announced on April 1, Price's company, Five Corners Properties, applied to develop a 69-hectare plot between Brookside and Pictou Roads in Bible Hill. It was approved by Colchester ...

Battle for 'tech luxury' in China as EVs get smarter - and cheaper

Kevin Krolicki, Sarah Wu |Updated 13 minutes ago |4 min read

By Sarah Wu and Kevin Krolicki BEIJING (Reuters) - The battle for consumer attention in China's electric car market is being fought over touches of "tech luxury" that car buyers in other markets have never seen. China’s upstart electric brands, ...

S&P revises outlook on Boeing to 'negative'

Reuters |Updated 23 minutes ago |1 min read

(Reuters) - Ratings agency S&P Global Ratings said on Thursday it has revised its outlook on planemaker Boeing to "negative" from "stable". (Reporting by Shivansh Tiwary in Bengaluru; Editing by Shounak Dasgupta)

Moncton issued 183 permits for construction worth $56.5 million in the first quarter of 2024. (Via facebook.com/cityofmoncton.villedemoncton)

Construction boom hits Moncton in first quarter of 2024

Atlantic Briefs Desk |Updated 28 minutes ago |2 min read

Moncton is experiencing a significant construction surge, with 183 permits worth $56.5 million issued in the first quarter of 2024, more than doubling the total permit value over the same period in 2023. Residential construction represents 37 per ...

A Honda car stands on the day Honda announces plans to build electric vehicles and their parts in Ontario with financial support from the Canadian and provincial governments, at their automotive assembly plant in Alliston, Ontario, Canada, April 25, 2024.

Honda to set up $11 billion EV production base in Canada

Maki Shiraki |Updated 39 minutes ago |2 min read

By Maki Shiraki TOKYO (Reuters) - Honda Motor plans to build an EV production base in Ontario, it said on Thursday, a C$15 billion ($11 billion) investment that will mark the Japanese automaker's largest ever in Canada. The investment, due to be ...

Flags fly over the Federal Reserve building on a windy day in Washington, U.S., May 26, 2017.

Weak GDP, strong prices, highlight Fed dilemma

Howard Schneider |Updated 43 minutes ago |2 min read

By Howard Schneider WASHINGTON (Reuters) - U.S. economic growth in the first quarter fell below the Federal Reserve's estimates of the economy's long-run potential for the first time in nearly two years, but the signs of slowing were accompanied ...

Brokers execute trades on the CBOE (Chicago Board Options Exchange) Global Markets trading floor, at their headquarters in Chicago, Illinois, U.S., April 11, 2024.

Cboe to merge digital assets business with derivatives and clearing arm

Reuters |Updated 43 minutes ago |1 min read

(Reuters) - Exchange operator Cboe Global Markets said on Thursday it will integrate its digital asset derivatives, currently offered by Cboe Digital, into its existing Global Derivatives and Clearing business as part of a strategic review. The ...

Huawei-led Chinese firms aim to make advanced memory chips by 2026, The Information reports

Reuters |Updated 53 minutes ago |2 min read

(Reuters) - A group of Chinese chip companies led by Huawei Technologies and backed by the country's government aims to produce high-bandwidth memory (HBM) semiconductors, a key component in AI chips by 2026, The Information reported on Thursday.

Toolmaker W.W. Grainger quarterly revenue rises on industrial demand

Reuters |Updated 1 hour ago |1 min read

(Reuters) - Industrial parts provider W.W. Grainger reported a 3.4% increase in first-quarter revenue on Thursday, helped by demand from its U.S. industrial clients for maintenance and repair equipment. The Illinois-based company, which sells ...

BGC Group's FMX Futures gets funding from banking consortium

Reuters |Updated 1 hour ago |1 min read

(Reuters) - Brokerage BGC Group said on Thursday its exchange platform FMX Futures was valued at $667 million after securing investment from a consortium including Bank of America and Citigroup. The consortium - which also includes Goldman Sachs, ...