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 3 hours ago |7 min read

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

Updated 14 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 4 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 ...

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

Reuters |Updated just now |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 4 minutes 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, ...

Factbox-Top deals in the global mining sector

Reuters |Updated 13 minutes ago |2 min read

(Reuters) - BHP Group has bid $38.8 billion for smaller rival Anglo American, offering a deal to forge the world's biggest copper miner. Here is a list of some previous big-ticket deals in the mining sector: - Precious metals producer Polymetal ...

CANADA FX DEBT - Canadian dollar weakens, benchmark yield climbs

Reuters |Updated 20 minutes ago |1 min read

The Canadian dollar weakened against the greenback on Thursday, and the yield on benchmark government debt climbed. The loonie was trading 0% lower at C$1.3706 to the greenback, or 72.96 U.S. cents, after trading in a range of 1.3666 to 1.3712.

Brazil's central bank Governor Roberto Campos Neto, speaks at the ReutersNEXT Newsmaker event in New York City, New York, U.S., November 9, 2023.

Analysis-Brazil central bank chief irks finance ministry team on his way out

Marcela Ayres |Updated 22 minutes ago |4 min read

By Marcela Ayres BRASILIA (Reuters) - An outspoken couple weeks for Brazil's central bank chief, including criticism of budget policy and comments scrapping monetary policy guidance, have soured relations with a Finance Ministry team who had been ...

A construction worker is silhouetted against the morning sky while working on a project in San Diego, California U.S., March 5, 2024.

Q1 US GDP shows surprise slowing and uncomfortable inflation

Reuters |Updated just now |4 min read

NEW YORK (Reuters) - U.S. economic growth slowed more than expected in the first quarter, but a surprisingly hot quarterly Personal Consumption Expenditure inflation component suggested that the Federal Reserve would not cut interest rates before ...

Private equity owner of Sauer Brands explores sale of condiments maker, sources say

Abigail Summerville |Updated 24 minutes ago |2 min read

By Abigail Summerville NEW YORK (Reuters) - The private equity owner of Sauer Brands is exploring a sale of the 137-year-old maker of condiments and spices that could value it at more than $1 billion, including debt, according to people familiar ...

Bottler Arca Continental posts slight profit climb in Q1

Reuters |Updated just now |1 min read

MEXICO CITY (Reuters) - Mexican bottler Arca Continental on Thursday posted a first-quarter core profit that ticked up 1.2% to 9.66 billion pesos, landing above the 9.06 billion pesos forecast by analysts polled by LSEG. Arca, which sells bottled ...

Steelmaker Acerinox cautious on second quarter as strike drags on

Matteo Allievi, Natalia Siniawski |Updated 33 minutes ago |2 min read

By Matteo Allievi and Natalia Siniawski (Reuters) - Spanish steelmaker Acerinox said on Thursday it expects earnings before interest, taxes, depreciation and amortization (EBITDA) to improve only slightly in the second quarter due to the weak ...