Business

East Coast Credit Union assets hit $1.3 billion in 2023

A Nova Scotia Credit Union celebrating its 90th year serving members in 2023 ended the fiscal year with assets reaching more than $1.3 billion. East Coast Credit Union, which operates 20 branches between Cape Breton and Bridgewater, grew to 43,465 ...

Updated 16 hours ago |1 min read

MONEY LADY PODCAST: How to author a wealthier life

Updated 13 hours ago |1 min read

HALIFAX RETALES: Danielle Latour tapping the Korean rice beverage market

Updated Apr. 15, 2024 |3 min read

Danielle Latour, owner of the newly-opened Mak 902, with a glass of lavender makgeolli at her Kempt Road establishment on Monday, April 15, 2024.
Ryan Taplin - The Chronicle Herald

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

Updated 11 hours ago |4 min read

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

Updated a day ago |1 min read

India's Wipro beats Q4 revenue estimates

Updated just now |2 min read

China's Ant Group in talks to launch Alipay+ in Indonesia, says executive

Reuters |Updated 39 minutes ago |1 min read

JAKARTA (Reuters) - China's Ant Group is in talks with Indonesia to bring its popular cross-border payment service Alipay+ there, the chief of its international business was quoted by media as saying on Friday after meeting with the country's ...

A street sign for Wall Street is seen outside the New York Stock Exchange (NYSE) in New York City, New York, U.S., July 19, 2021.

'Crowded' megacap trade in US stocks awaits earnings test

Lewis Krauskopf |Updated 47 minutes ago |3 min read

By Lewis Krauskopf NEW YORK (Reuters) - Next week’s earnings reports from some of the market’s biggest technology and growth companies could prove an important test for the U.S. stock rally, which has flagged as expectations for interest cuts ...

The Japanese national flag waves at the Bank of Japan building in Tokyo, Japan March 18, 2024.

BOJ will raise rates again this year, say two-thirds of economists" Reuters Poll

Satoshi Sugiyama |Updated 9 minutes ago |3 min read

By Satoshi Sugiyama TOKYO (Reuters) - The Bank of Japan will raise interest rates again in 2024, according to two-thirds of economists polled by Reuters, but there was no clear consensus on when exactly the move would come. Last month the central ...

A view of the Volkswagen plant where workers are voting on whether to join the United Auto Workers union (UAW), in Chattanooga, Tennessee, U.S., April 18, 2024

UAW hopeful of watershed union victory at Volkswagen Tennessee factory

Nora Eckert |Updated 49 minutes ago |3 min read

By Nora Eckert CHATTANOOGA, Tennessee (Reuters) - The United Auto Workers is counting on scoring a seismic victory at Volkswagen's Tennessee plant as unionization votes are tallied on Friday - one that opens up the anti-union U.S. South to ...

People walk around the Financial District near the New York Stock Exchange (NYSE) in New York, U.S., December 29, 2023.

Morning Bid: Markets unsettled by Israel-Iran tit-for-tat

Reuters |Updated 49 minutes ago |4 min read

A look at the day ahead in U.S. and global markets from Mike Dolan It was hardly unexpected, but Israel's missile strike on Iran on Friday confirms fears of a dangerous series of tit-for-tat retaliation ahead between the Middle East powers that is ...

General Motors chair and chief executive officer Mary Barra participates in an Economic Club of Washington discussion on "the transformation of the automotive industry to an all-electric future, the path to autonomous vehicles, and the recent negotiations with GM's workforce" in Washington, U.S., December 13, 2023.

GM and Ford count on gas-powered trucks as EV growth slows

Joseph White |Updated 49 minutes ago |3 min read

By Joseph White DETROIT (Reuters) - U.S. automakers General Motors and Ford face a challenge in common when they report first-quarter results next week: Explaining to investors where profit growth will come from in the months ahead as EV growth ...

A view shows Russia's Central Bank headquarters in Moscow, Russia May 7, 2023. A sign reads: "Bank of Russia".

Russian banks' profits drop slightly m/m to $2.9 billion in March

Reuters |Updated 59 minutes ago |1 min read

MOSCOW (Reuters) - Russian banks' profits fell marginally in March to 270 billion roubles ($2.89 billion), slightly lower than the month before, the central bank said on Friday. The bank said the small fall was due to technical adjustments to ...

Security is seen during industrial action outside the Amazon warehouse, in Coventry, Britain March 19, 2024.

Amazon could soon be forced to recognise UK's GMB union

Reuters |Updated 9 minutes ago |1 min read

LONDON (Reuters) - U.S. technology and retail giant Amazon could soon be required to formally recognise the GMB union at its Coventry warehouse in Britain, after a government body ruled in the union's favour. GMB said in a statement on Friday ...

A view of the production line at a hot rolling plant during a government-organised media tour to Baoshan Iron & Steel Co., Ltd. (Baosteel), a subsidiary of China Baowu Steel Group, in Shanghai, China September 16, 2022.

Analysis-China's steel sector has bigger worries than Biden tariff hike

Amy Lv, Tony Munroe |Updated 1 hour ago |4 min read

By Amy Lv and Tony Munroe BEIJING/SINGAPORE (Reuters) - U.S. President Joe Biden's push to triple tariffs on Chinese steel imports strikes a mostly symbolic blow on an industry facing bigger concerns over faltering local demand and threats of ...

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., April 1, 2024.

Futures fall as Middle East tensions simmer, Netflix slumps

Reuters |Updated 1 hour ago |2 min read

(Reuters) - U.S. stock index futures slipped on Friday as investors turned risk-averse following reports of an escalation in the Middle East conflict, while Netflix fell in premarket trade after the company forecast current-quarter revenue below ...