Business

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

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 ...

Updated 20 hours ago |5 min read

Ottawa’s $60-million infusion to young entrepreneur program will help 6,250 businesses, Fraser says

Updated 20 hours ago |3 min read

Sean Fraser, Minister of Housing Infrastructure and Communities looks on s David Eisnor Atlantic Lead of Futurpreneur takes questions folloing a news conference concerning a fundin g announcement for youth entrepreneurship at the Mellow Mug in Bedford Monday April 22, 2024.

TIM KROCHAK PHOTO

New Upper Canadian owners for two central Nova Scotia golf courses

Updated 19 hours ago |3 min read

Golfers chipping onto the green at the Mountain Golf and Country Club April 20. Richard MacKenzie

Workplace deaths trended down in Nova Scotia in 2023

Updated a day ago |2 min read

Local job fair coming to the Rath Eastlink Community Centre in Truro, N.S.

Updated a day ago |2 min read

Klarna to offer payment services on Uber's platform

Updated 8 minutes ago |1 min read

CANADA FX DEBT - Canadian dollar weakens, benchmark yield climbs

Reuters |Updated 18 minutes ago |1 min read

The Canadian dollar weakened against the greenback on Wednesday, and the yield on benchmark government debt climbed. The loonie was trading 0.4% lower at C$1.3713 to the greenback, or 72.92 U.S. cents, after trading in a range of 1.3656 to 1.3715.

ASML CEO says US restricts servicing some China equipment, won't hurt earnings

Toby Sterling |Updated 21 minutes ago |2 min read

By Toby Sterling AMSTERDAM (Reuters) - The outgoing chief executive of top semiconductor equipment supplier ASML said on Wednesday that the U.S. government will prevent the company from servicing some machines it has previously sold to Chinese ...

Michael Roberts, President, CEO and Executive Director of HSBC North America Holdings Inc. speaks during a panel discussion at the opening of the HSBC flagship wealth center at Hudson Yards in Manhattan in New York City, U.S., April 23, 2024.

HSBC says growing Chinese wealth fuels client investments in US

Lananh Nguyen, Tatiana Bautzer |Updated 28 minutes ago |2 min read

By Tatiana Bautzer and Lananh Nguyen NEW YORK (Reuters) - HSBC's wealthy clients in China and Hong Kong are still eager to invest in the U.S., according to Michael Roberts, the bank's CEO for the USA and Americas. China's economic growth remains ...

A general view shows a food market in Saint Petersburg, Russia, November 10, 2023.

Exclusive-Russian ministry stress scenario has growth stalling, rouble diving, document shows

Darya Korsunskaya |Updated 30 minutes ago |4 min read

By Darya Korsunskaya LONDON (Reuters) - Stress scenarios from Russia's economy ministry envisage GDP and real income growth almost grinding to a halt next year and the rouble diving from around 93 per dollar now to 107 as investments and oil ...

Solar panels from SunPower are installed on residential buildings at a model home display in the Eureka Grove neighborhood of Granite Bay, California, U.S., October 5, 2021.

Solar firm SunPower to reduce workforce, shut business segments

Reuters |Updated 1 minutes ago |1 min read

(Reuters) -SunPower said on Wednesday it plans to reduce its workforce and shut down certain business segments as part of a restructuring to help lower costs, sending the solar company's shares down 16% premarket. The company said it will reduce its ...

Aerospace components manufactured by Amphenol are displayed at the 54th International Paris Airshow at Le Bourget Airport near Paris, France, June 21, 2023.

Amphenol beats Q1 revenue estimates, announces share buyback program

Reuters |Updated 1 hour ago |2 min read

(Reuters) - Electronic equipment maker Amphenol beat market expectations for first-quarter revenue on Wednesday and announced a new $2 billion share buyback program, sending the company's shares up as much as 4% in premarket trading. Heightened ...

A person shops in the beverage aisle at a grocery store in Toronto, Ontario, Canada November 22, 2022.

Canada retail sales miss expectations with second monthly fall

Reuters |Updated just now |2 min read

By Promit Mukherjee OTTAWA (Reuters) - Canada's retail sales contracted for the second consecutive month in February, missing expectations, data showed on Wednesday, led by a drop in sales at gasoline stations and fuel vendors. Retail sales ...

Venezuela's President Nicolas Maduro leads the celebration of the 22nd anniversary of late President Hugo Chavez's return to power after a failed coup attempt in 2002, in Caracas, Venezuela April 13, 2024.

Venezuelan candidate Gonzalez touts return of exiles, freeing political prisoners

Reuters |Updated 1 hour ago |2 min read

CARACAS (Reuters) - Venezuelan opposition candidate Edmundo Gonzalez said on Wednesday he is committed to carrying out a transition that will allow exiled people to return to the country and political prisoners to be freed. Gonzalez was named on ...

Fortive raises 2024 profit forecast on resilient demand for industrial automation

Reuters |Updated 1 hour ago |1 min read

Industrial products maker Fortive raised its annual profit forecast on Wednesday as benefiting from companies increasing their spending on automation amid a tight labor market. Businesses throughout North America are overhauling and automating their ...

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

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

Jenna Head |Updated 1 hour ago |6 min read

Pilates studios are experiencing a new wave of popularity thanks to social media platforms like TikTok. Sarah Joy Stoker has noticed the increased interest at Pony Pilates, her St. John's-based studio on Water Street. "I've had people come in over ...