Business
Newfoundland renewable energy company receives provincial funds to aid in expansion
A Newfoundland-based renewable energy company is gearing up to expand into new markets with help from provincial funding. Growler Energy Inc. will use $100,000 from the province and an additional $187,500 in personal funds to identify new market ...
'There's a growing community there': Owner of The Indian Express in St. John's preparing to open second location
Jerry Joy, owner of The Indian Express in St. John's, said that in the past six years, the establishment has experienced a lot of growth. "I got my entry into the food industry in 2018, I started with a food truck and I haven't stopped," said ...
Global smartphone market set to rebound in 2024, report says
By Arsheeya Bajwa (Reuters) - Global smartphone shipments are expected to rebound 3% this year as easing inflation aids a demand recovery in emerging markets and the integration of generative AI attracts buyers to premium devices, a report by ...
Walgreens narrows full-year profit forecast and takes $5.8 billion impairment
(Reuters) - Walgreen Boots Alliance narrowed its profit forecast for fiscal 2024 by on Thursday, citing economic challenges for its retail business, and also took a $5.8 billion impairment related to its VillageMD business. The company now ...
Dutch government to launch plan to keep ASML in Netherlands
By Toby Sterling AMSTERDAM (Reuters) - The Dutch government is expected to lay out initial plans on Thursday to keep the country's largest company ASML, from moving operations outside the Netherlands over concerns ranging from anti-immigration ...
Firmer oil prices expected as demand builds and supply curbs persist: Reuters poll
By Sherin Elizabeth Varghese (Reuters) - Oil prices will gain some momentum this year as demand picks up and output curbs by the OPEC+ producer group continue to squeeze supply that is already being pressured by military conflicts, a Reuters poll ...
Explainer-Why France is making a new push to reduce unemployment benefits
PARIS (Reuters) - France's government is looking to shorten the period people can claim unemployment benefits to strengthen incentives to work as it struggles to keep its deficit reduction plans on track. WHAT DOES THE REFORM SEEK TO DO? The ...
Analysis-Pasta makers cheer Turkey as its durum wheat flows abroad
By Ceyda Caglayan and Gus Trompiz ISTANBUL/PARIS (Reuters) - Turkey's spectacular breakthrough as an exporter of durum wheat has spared pasta fans another year of price pain and the country is poised to remain a crucial source of the ingredient ...
Top European air safety regulator warns over budget squeeze
By Joanna Plucinska and Tim Hepher COLOGNE (Reuters) - The outgoing head of Europe's aviation regulator has issued a warning over resources and called for a bigger role as it grapples with "systemic risks" in the aviation ecosystem. The call ...
How the oil industry is thriving despite Joe Biden's climate policies
By Nichola Groom and Jarrett Renshaw (Reuters) - Record production. Booming exports. Rapid jobs growth. Soaring CEO pay and shareholder returns. Almost no matter the metric, the U.S. oil and gas industry has flourished under President Joe Biden, ...