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Waves full of capelin roll in at a beach at Cape Bonavista recently. Glen Whiffen/The Telegram

Union, processors recommend DFO increase N.L. capelin quota amid calls for temporarily halting the fishery

Gary Kean |Updated 9 minutes ago |5 min read Premium content

While they may have been at odds for snow crab pricing, harvesters and processors have put up a united front when it comes to capelin — both recommend an increase in the capelin quota. Things were heated between FFAW-Unifor, the union that represents ...

Prime Minister Justin Trudeau and Finance Minister Chrystia Freeland on Parliament Hill in Ottawa on March 28, 2023.

BLAKE DOYLE: Federal budget presents economic degrowth strategies

Blake Doyle · Columnist, Contributed |Updated 15 hours ago |4 min read Premium content

We have just endured one of the most telegraphed budgets in memory. In an era of TikTok and depleted attention spans even budgets need to be pre-released to garner attention. Unfortunately, the assaults on business from provincial and federal ...

People walk in the Alexa shopping centre as the Christmas shopping season starts in Berlin, November 27, 2010.

Exclusive-German government slightly raises 2024 GDP forecast to 0.3%, source says

Holger Hansen |Updated 8 minutes ago |1 min read

By Holger Hansen BERLIN (Reuters) - The German government will raise its growth forecast for the German economy this year to 0.3%, from a previous forecast of 0.2%, a source told Reuters. In 2025, the government expects gross domestic product to ...

Lufthansa planes at  Frankfurt airport, Germany, March 7, 2024.

Lufthansa seeks to persuade EU regulators over ITA stake buy

Foo Yun Chee |Updated 48 minutes ago |1 min read

By Foo Yun Chee BRUSSELS (Reuters) - Lufthansa executives and lawyers will attend a day-long hearing in Brussels on Friday to try to convince EU antitrust regulators to clear the company's bid for a minority stake in Italian rival ITA Airways.

The Wall Street entrance to the New York Stock Exchange (NYSE) is seen in New York City, U.S., November 15, 2022.

Wall Street's "fear gauge" at over 5-month high on rate cut, Mideast worries

Reuters |Updated 58 minutes ago |1 min read

(Reuters) - Wall Street's "fear gauge" hit its highest in more than five months on Friday due to a sharp pullback in interest U.S. rate cut expectations and escalating geopolitical tensions. The CBOE Volatility index, an options-based measure of ...

People walk past the headquarters of the central bank of the People's Republic of China in Beijing February 16, 2009.

China set to keep lending benchmark LPRs unchanged in April

Reuters |Updated 1 hour ago |2 min read

SHANGHAI (Reuters) - China is widely expected to leave benchmark lending rates unchanged on Monday, a Reuters survey showed, as encouraging first quarter economic data reduces the urgency for further monetary stimulus to aid a fragile recovery. A ...

The employee of a currency exchange shop counts U.S. dollar banknotes in Ciudad Juarez, Mexico July 27, 2023.

Take Five: Dancing to the dollar's beat

Reuters |Updated 2 hours ago |4 min read

(Reuters) - Just when it looked like rate cuts were coming any minute now, inflation has reared its head and the strength of the dollar is forcing other central bankers to protect their currencies and reconsider their policy choices. What ...

The logo for Goldman Sachs is seen on the trading floor at the New York Stock Exchange (NYSE) in New York City, New York, U.S., November 17, 2021.

Norway wealth fund backs shareholder proposal to split Goldman CEO, chair roles

Reuters |Updated 8 minutes ago |1 min read

STOCKHOLM (Reuters) - Norway's $1.6 trillion sovereign wealth fund, one of the world's largest investors, said on Friday it would again vote in favour of a resolution calling for a split of the CEO and board chair roles at Goldman Sachs. Proxy ...

The logo of French cosmetics group L'Oreal is seen on a company building in Paris, France, February 7, 2024.

L'Oreal shares shine after Q1 sales beat expectations

Reuters |Updated 8 minutes ago |1 min read

PARIS (Reuters) - Shares in L'Oreal rose more than 4% % in early Friday trading after the French cosmetics giant reported a 9.4% rise in first quarter sales on a like-for-like basis on Thursday evening, beating expectations of 6.1% growth. By ...

Representation of Bitcoin cryptocurrency is seen in this illustration taken January 11, 2024.

Explainer-Bitcoin's 'halving': what is it and does it matter?

Reuters |Updated 2 hours ago |3 min read

LONDON (Reuters) - Bitcoin's long-anticipated 'halving' is, depending on where you sit, a vital event that will burnish the cryptocurrency's value as an increasingly scarce commodity, or little more than a technical change talked up by ...

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