Business

The fall lobster season for P.E.I. fishers will run from Aug. 9 until Oct. 10. File Photo.

Lobster setting day in Northumberland Strait pushed to April 27

Fisheries and Oceans Canada is delaying the start of the lobster fishing season in some parts of P.E.I. due to concerning weather conditions. Environment Canada’s marine forecast of westerly winds peaking at 35 knots is expected to affect wave levels ...

Updated Apr. 25, 2024 |1 min read

Prices at the Pumps: Some small relief, more for diesel

Updated Apr. 25, 2024 |1 min read

Union to launch boycott of Java Blend coffee shops in Halifax

Updated Apr. 25, 2024 |3 min read

CBRM throws its support behind new proposed solar gardens projects

Updated Apr. 25, 2024 |9 min read

Construction boom hits Moncton in first quarter of 2024

Updated Apr. 25, 2024 |2 min read

China's April factory activity likely expanded at slower speed: Reuters poll

Updated 4 minutes ago |2 min read

OpenAI's ChatGPT targeted in Austrian privacy complaint

Foo Yun Chee |Updated 5 minutes ago |2 min read

By Foo Yun Chee BRUSSELS (Reuters) - Microsoft-backed startup OpenAI on Monday found itself the target of a privacy complaint by advocacy group NOYB for allegedly not fixing incorrect information provided by its generative AI chatbot ChatGPT that ...

A truck carrying a shipping container travels past cranes at Pyeongtaek port in Pyeongtaek, South Korea, July 9, 2020.

South Korea's chip-led export growth to quicken in April: Reuters poll

Jihoon Lee |Updated 14 minutes ago |2 min read

By Jihoon Lee SEOUL (Reuters) - South Korea's exports are expected to have risen at a faster pace in April, extending gains for a seventh straight month on strong chip sales, a Reuters poll showed on Monday. Exports out of Asia's fourth-largest ...

A street sign marks Wall Street outside the New York Stock Exchange (NYSE) in New York City, where markets roiled after Russia continues to attack Ukraine, in New York, U.S., February 24, 2022.

In the Market: Economic surprises are messing with the market's favorite recession predictor

Paritosh Bansal |Updated 14 minutes ago |4 min read

By Paritosh Bansal (Reuters) - A bond market anomaly that has reliably predicted a U.S. recession in the past may normalize this year in a highly unusual manner. It's a worry for markets. The market signal, called a yield curve, has been upside ...

Japanese yen and U.S. dollar banknotes are seen with a currency exchange rate graph in this illustration picture taken June 16, 2022.

Instant view: Japan's yen jumps against the dollar after earlier plunge

Reuters |Updated 4 minutes ago |1 min read

(Reuters) - The Japanese yen jumped suddenly against the dollar on Monday, with traders on high alert for signs of intervention by Japanese authorities to boost the currency that is languishing near 34-year lows. The dollar fell sharply to 156.55 ...

Shell earns $1 billion a year from US crude trading, court filing shows

Arathy Somasekhar, Ron Bousso |Updated 15 minutes ago |2 min read

By Arathy Somasekhar and Ron Bousso HOUSTON (Reuters) - Financial details of Shell's vast oil and gas trading business are some of the company's closest-held secrets. Documents in a lawsuit filed by a former employee, however, revealed its U.S.

Figurines with computers and smartphones are seen in front of the words "Artificial Intelligence AI" in this illustration taken, February 19, 2024.

Analysis-Second global AI safety summit faces tough questions, lower turnout

Martin Coulter |Updated 15 minutes ago |4 min read

By Martin Coulter LONDON (Reuters) - Last year, a who’s who of world leaders, corporate executives and academic experts gathered at Britain’s Bletchley Park for the world’s first global AI Safety Summit, hoping to reach consensus on the ...

Ukraine spy agency says Telegram platform blocks its key bots

Reuters |Updated 15 minutes ago |2 min read

(Reuters) - Ukraine's military spy agency GUR said on Monday that the management of the Telegram messaging platform has blocked a number of official bots that opposed Russia's military aggression against Ukraine. "Today, the management of the ...

File photo: Wafers are displayed at the Science park exploration museum in Hsinchu, Taiwan, February 6, 2023.

Taiwan's economy seen expanding 5.6% in first quarter on strong exports: Reuters poll

Reuters |Updated 24 minutes ago |2 min read

TAIPEI (Reuters) - Taiwan's trade-dependent economy likely grew faster in the first quarter, supported by a rebound in exports amid upbeat demand for the technology that powers artificial intelligence (AI) applications, a Reuters poll showed on ...

Banknotes of Japanese yen and U.S. dollar are seen in this illustration picture taken September 23, 2022.

Japan's yen jumps against the dollar after earlier plunge

Rae Wee, Vidya Ranganathan |Updated 4 minutes ago |1 min read

A passerby looks at an electric screen displaying current Nikkei share average and Japanese Yen exchange rate against the U.S. dollar as Japan's yen hits 34-year low against the U.S. dollar after Bank of Japan holds interest rates, outside a brokerage in Tokyo, Japan April 26, 2024.

Morning Bid: The yen's mysterious move

Reuters |Updated 45 minutes ago |2 min read

A look at the day ahead in European and global markets from Rae Wee Traders in Europe will be waking up to a nervy currency market after the yen's sharp reversal from its slide past 160 per dollar on Monday had some speculating Tokyo could be behind ...