Business

East Coast Credit Union assets hit $1.3 billion in 2023

A Nova Scotia Credit Union celebrating its 90th year serving members in 2023 ended the fiscal year with assets reaching more than $1.3 billion. East Coast Credit Union, which operates 20 branches between Cape Breton and Bridgewater, grew to 43,465 ...

Updated 18 hours ago |1 min read

MONEY LADY PODCAST: How to author a wealthier life

Updated 16 hours ago |1 min read

HALIFAX RETALES: Danielle Latour tapping the Korean rice beverage market

Updated Apr. 15, 2024 |3 min read

Danielle Latour, owner of the newly-opened Mak 902, with a glass of lavender makgeolli at her Kempt Road establishment on Monday, April 15, 2024.
Ryan Taplin - The Chronicle Herald

SYLVAIN CHARLEBOIS: The Trudeau paradox of more spending and more hunger

Updated 13 hours ago |4 min read

Prices at the Pumps: An up and down week at the pumps

Updated a day ago |1 min read

Shipping industry urges UN to protect vessels after Iran seizure

Updated 2 minutes ago |2 min read

Dutch privacy watchdog recommends government organisations stop using Facebook

Reuters |Updated 2 minutes ago |1 min read

AMSTERDAM (Reuters) - The Dutch privacy watchdog AP on Friday said it was recommending that government organizations should stop using Facebook as long as it is unclear what happens with personal data of users of the government's Facebook pages. ...

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

US equity funds see sharp outflows as investors brace for extended high rates

Reuters |Updated 12 minutes ago |2 min read

(Reuters) - U.S. equity funds suffered sharp outflows in the seven days to April 17 as investors anticipated prolonged restrictive interest rates amid stubborn inflation in a resilient U.S. economy. Conflict escalation in the Middle East ...

Warner Bros. Discovery chief executive David Zaslav poses on the red carpet during the Oscars arrivals at the 96th Academy Awards in Hollywood, Los Angeles, California, U.S., March 10, 2024.

Warner Bros CEO pay rose nearly 27% in 2023

Reuters |Updated 2 minutes ago |1 min read

(Reuters) - Warner Bros Discovery CEO David Zaslav's annual compensation rose nearly 27% to $49.7 million in 2023, a filing with the Securities and Exchange Commission (SEC) showed on Friday. (Reporting by Harshita Mary Varghese; Editing by Ravi ...

Tigran Gambaryan, an executive of Binance, the world's largest cryptocurrency exchange, sits as he waits to face prosecution for tax evasion and money laundering at the federal high court in Abuja, Nigeria April 4, 2024.

Nigerian court adjourns Binance and executives' tax evasion trial to May 17

Camillus Eboh |Updated 32 minutes ago |2 min read

By Camillus Eboh ABUJA (Reuters) - A Nigerian court on Friday adjourned a tax evasion trial against cryptocurrency exchange Binance and two of its executives to May 17 after the matter was stalled because the exchange has not been formally served ...

Street vendors wait for customers at an open market, ahead of Nigeria's Presidential election in Awka, Anambra state, Nigeria February 23, 2023.

Sub-Saharan Africa incomes falling further behind rest of world, says IMF

Karin Strohecker, Rachel Savage |Updated 41 minutes ago |2 min read

By Rachel Savage and Karin Strohecker JOHANNESBURG/WASHINGTON (Reuters) - Incomes in Sub-Saharan Africa are falling further behind the rest of the world amid a "tepid" economic recovery, the International Monetary Fund (IMF) said on Friday, ...

Danny Fellingham, owner and operator of Tee Box Indoor Golf said, the move to Freshwater Road was an effort to better accommodate customers and go from a seasonal operation to a year-round business. - Cameron Kilfoy/The Telegram

'A more sociable thing': St. John's business Tee Box Indoor Golf moves locations, adds mini-golf and bar area

Cameron Kilfoy |Updated 1 hour ago |7 min read

When Danny Fellingham opened Tee Box Indoor Golf four years ago on Stavanger Drive, he was surprised a business like this one didn't already exist. "When I lived in Edmonton, I used to play indoor golf, and when I moved I noticed there wasn’t any, ...

Midnight, an all-electric aircraft from company Archer Aviation, is seen at the Salinas Municipal Airport in Salinas, California, U.S. August 2, 2023.

Archer Aviation aims to start electric air taxi trials in India next year

Aditi Shah |Updated 1 hour ago |2 min read

By Aditi Shah NEW DELHI (Reuters) - Archer Aviation, backed by Stellantis and Boeing, aims to begin trials of its electric air taxi in India next year, ahead of a planned commercial launch in 2026, the company's chief executive told Reuters on ...

A passerby is reflected on an electric monitor displaying the graph of recent moments of the Japanese yen exchange rate against the U.S. dollar outside a brokerage in Tokyo, Japan May 2, 2023.

Escalating Middle East tensions a fresh jolt to world markets

Dhara Ranasinghe, Lucy Raitano |Updated 1 hour ago |4 min read

By Lucy Raitano and Dhara Ranasinghe LONDON (Reuters) - Reports of an Israeli attack on Iranian soil that possibly drags the Middle East into a deeper conflict has jolted world markets with geopolitical risks that can swiftly change the direction ...

A branch location of Fifth Third Bank is shown in Boca Raton, Florida, January 21, 2010.

Wall St sees more pain ahead for US mid-sized lenders after Q1 profits decline

Reuters |Updated just now |2 min read

By Manya Saini and Jaiveer Shekhawat (Reuters) -U.S. mid-sized banks' profits would remain under pressure for most of 2024, Wall Street analysts said, as higher deposit costs and muted loan growth drag their earnings. Regions Financial, Huntington ...

The Charging Bull or Wall Street Bull is pictured in the Manhattan borough of New York City, New York, U.S., January 16, 2019.

Global equity funds see surge in outflows as rate cut hopes fade

Reuters |Updated 1 hour ago |2 min read

(Reuters) - Global equity funds saw a jump in outflows in the seven days through April 17 as speculation the U.S. Federal Reserve will delay cutting interest rates dampened investor sentiment. Outflows were also fuelled by escalating geopolitical ...