Business

St. John's-based business Hempware celebrating nearly three decades in business

When Nycki Delisle and her partner, Stephane, opened Hempware nearly three decades ago, it was intended to be a short-term venture. “When the Cabot 500 celebrations were happening, I was finishing my education, and that fall me and my partner were ...

Updated 20 hours ago |7 min read

Clarenville's SubC Imaging gets nearly $500K in N.L. government funding for new ROV project

Updated 8 hours ago |2 min read

Newfoundland-based SubC Imaging is developing a new multi-channel inspection system that includes up to six cameras providing complete situational awareness for an ROV. - SubC Imaging

CBRM seeks land-use bylaw change for supportive housing units

Updated 9 hours ago |5 min read

With provincial plans to ultimately phase out institutional settings for people with disabilities, such as Sydney River’s Breton Ability Centre, there will be a greater need for accessory dwelling units for supportive housing. IAN NATHANSON/CAPE BRETON POST FILE

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

Updated 12 hours ago |5 min read

Interest in electric vehicles in Canada drops for second year: survey

Updated 12 hours ago |3 min read

Column-BoE tries to sail a mid-ocean policy :Mike Dolan

Updated 33 minutes ago |4 min read

Argentinian postdoctoral researcher in distributed systems Marianela Morales poses for a portrait at her work station in her Madrid home, Spain, April 19, 2024.

Spain sees US-style economic boost from immigrant workers

Belén Carreño |Updated 43 minutes ago |4 min read

By Belén Carreño MADRID (Reuters) - Achieving her career ambitions in Spain has proved remarkably easy for Sara Hernandez, a systems architect from Venezuela who found her skills were in hot demand when she arrived in Madrid. Spain may have ...

Exclusive-South Korea considers easing bond market reporting rules, sources say

Seunggyu Lim |Updated 43 minutes ago |3 min read

By Seunggyu Lim SEOUL (Reuters) - South Korea is considering easing real-time reporting requirements for investors in the nation's $1.8 trillion bond market as it seeks inclusion into FTSE Russell’s global bond index, three people familiar with ...

Polestar may use US plant to sell cars to Europe as EU-China tension rises

Reuters |Updated 43 minutes ago |2 min read

BEIJING (Reuters) - Chinese-backed Swedish electric vehicle (EV) maker Polestar Automotive is preparing to shift production of cars it plans to sell into Europe to its U.S. plant from China in view of rising geopolitical tension, its CEO said.

A drone view of an under-construction residential development by Country Garden in Shanghai, China February 29, 2024.

China's Country Garden extends bonds to avoid first local default, Bloomberg News reports

Reuters |Updated 53 minutes ago |1 min read

(Reuters) - Chinese developer Country Garden Holdings Co won approval to push back payments on three yuan bonds, Bloomberg News reported on Wednesday, citing people familiar with the matter. (Reporting by Nilutpal Timsina in Bengaluru; Editing ...

Wang Xun, founder and chairman of the auto design and engineering firm Launch Design, poses for a picture next to a prototype vehicle at the company's office in Shanghai, China April 18, 2024.

Analysis-China's EV survival game creates peril - and power

Reuters |Updated 1 hour ago |4 min read

BEIJING (Reuters) - By most measures, the last thing China needs is more electric cars crowding a market with more losers than winners, driving down prices at the expense of profit and taking the fight for market share beyond China. And that's ...

Zhao Changpeng, founder and chief executive officer of Binance speaks during an event in Athens, Greece, November 25, 2022.

US seeks 36 months' jail for Binance founder Zhao

Reuters |Updated 1 hour ago |2 min read

NEW YORK (Reuters) - Changpeng Zhao, the founder of Binance, the world's largest cryptocurrency exchange, should serve 36 months in prison after pleading guilty to violating laws against money laundering, U.S. prosecutors said in a court filing ...

Daihatsu Motor's next President Masahiro Inoue attends a news conference in Tokyo, Japan February 13, 2024.

Toyota's scandal-hit Daihatsu aims to resume vehicle development this year

Maki Shiraki |Updated 1 hour ago |2 min read

By Maki Shiraki TOKYO (Reuters) - Scandal-hit Toyota Motor subsidiary Daihatsu aims to fully resume developing vehicles by as early as the end of this year, the president of the compact carmaker told reporters, adding that he saw opportunities in ...

A staff member stands in front of Volvo XC60 and XC90 SUVs displayed at its booth during a media day for the Auto Shanghai show in Shanghai, China April 20, 2021.

Volvo Cars Q1 adjusted operating earnings rise as costs ease

Reuters |Updated 3 minutes ago |1 min read

STOCKHOLM (Reuters) - Swedish automaker Volvo Cars reported a rise in first-quarter adjusted operating earnings on Wednesday, helped by lower material costs and higher volumes. (Reporting by Marie Mannes, editing by Stine Jacobsen)

Japan launches anti-dumping probe into Chinese graphite electrodes for steelmaking

Reuters |Updated 2 hours ago |1 min read

TOKYO (Reuters) - Japan's trade and finance ministries said on Wednesday they will initiate an anti-dumping investigation into graphite electrodes from China. The electrodes are an industrial material used in electric arc furnace steelmaking.

Examples of Japanese yen banknotes are displayed at a factory of the National Printing Bureau producing Bank of Japan notes at a media event about a new series of banknotes scheduled to be introduced in 2024, in Tokyo, Japan, November 21, 2022.

Yen on the brink, but Tesla pulls back

Reuters |Updated 3 minutes ago |2 min read

(Corrects paragraph 10 to show U.S. core PCE reading will be on Friday, not Thursday) A look at the day ahead in European and global markets from Tom Westbrook Strong business activity indicators in Europe and an unexpected cooling in the U.S. have ...