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Cove Soda founders Ryan and John MacLellan outside the Bayers Lake Costco on Tuesday, April 16, 2024. Cove Soda will now be available in Costcos across the United States.
Ryan Taplin - The Chronicle Herald

Cove Drinks of Halifax has begun shipping its no-sugar sodas to 575 Costco stores in the U.S., forecasts revenue of $100 million

Bill Spurr · Multimedia Journalist |Updated 12 minutes ago |5 min read Premium content

Eight years after Ryan and John MacLellan founded their company at a kitchen table in Malignant Cove, Antigonish County, Cove Drinks is forecasting annual revenue of $100 million this year. And that could double the following year. “It wasn’t very ...

The logo of the Bank of Montreal (BMO) is seen on their flagship location on Bay Street in Toronto, Ontario, Canada March 16, 2017. Picture taken March 16, 2017.

BMO chief says US economy improving, calls California 'a strategically important market'

Reuters |Updated 38 minutes ago |2 min read

TORONTO (Reuters) - The U.S. economy was showing signs of stronger than expected growth, with California being a strategically important market, said the head of Bank of Montreal, which has rapidly expanded in its southern neighbour. CEO Darryl ...

CANADA FX DEBT - Canadian dollar weakens, benchmark yield slips

Reuters |Updated 57 minutes ago |1 min read

The Canadian dollar weakened against the greenback on Tuesday, and the yield on benchmark government debt slipped.  The loonie was trading 0.2% lower at C$1.3809 to the greenback, or 72.42 U.S. cents, after trading in a range of 1.3775 to 1.3846.

The corporate logo of Smartmatic is seen at its offices in Caracas, Venezuela August 2, 2017.

Smartmatic, One America News settle election defamation lawsuit

Jonathan Stempel |Updated 1 hour ago |2 min read

By Jonathan Stempel (Reuters) - Smartmatic has settled a lawsuit accusing right-wing television network One America News of defamation by falsely claiming that the voting technology company rigged the 2020 U.S. presidential election to help Joe ...

SaltWire

Exclusive-Software vendor Envestnet explores sale after receiving takeover interest, sources say

Milana Vinn |Updated just now |1 min read

By Milana Vinn NEW YORK (Reuters) - Envestnet, a U.S. vendor of software that helps manage investments, is exploring options that could include a potential sale after receiving takeover interest, people familiar with the matter said on Tuesday. ...

A man walks between the buildings at a commercial centre in New Delhi, India, February 28, 2023.

IMF raises India's GDP forecast to 6.8% for 2024-25

Reuters |Updated 1 hour ago |1 min read

NEW DELHI (Reuters) - The International Monetary Fund (IMF) has raised India's growth forecast for 2024-25 to 6.8% from 6.5% on the back of strong domestic demand and a rising working-age population. The Reserve Bank of India, the country's ...

SaltWire

McEwen Mining to buy remaining stake in Timberline Resources

Reuters |Updated 1 hour ago |1 min read

(Reuters) - Canadian miner McEwen Mining entered into a deal to acquire all outstanding shares of Timberline Resources that it doesn't already own, the companies said on Tuesday. McEwen currently owns 6.25 million Timberline shares, or around ...

U.S. one hundred dollar notes are seen in this picture illustration taken in Seoul February 7, 2011.

US rate futures drop after Powell says restrictive policy needs more time

Reuters |Updated 1 hour ago |1 min read

(Reuters) - Interest rate futures tracking expectations for Federal Reserve policy moves fell on Tuesday after Federal Reserve Chair Jerome Powell said recent data on inflation have not given policymakers the greater confidence needed for them to ...

U.S. dollar banknotes are seen in this illustration taken July 17, 2022.

US funding rates rise modestly on tax outflows, Treasury supply

Davide Barbuscia |Updated 10 minutes ago |3 min read

By Davide Barbuscia NEW YORK (Reuters) -U.S. short-term funding costs rose slightly this week due to tax-related outflows and demand for cash to finance the Treasury's debt issuance, but market participants said there was no indication of broader ...

U.S. Treasury Secretary Janet Yellen attends a dialogue with students of National School of Development at the Peking University in Beijing, China April 7, 2024.

Yellen says it is important to unlock value of Russian assets to aid Ukraine

Andrea Shalal |Updated 40 minutes ago |3 min read

By Andrea Shalal WASHINGTON (Reuters) -The U.S. and its Group of Seven (G7) allies are continuing to explore a range of possibilities to unlock the value of nearly $300 billion in frozen Russian assets to aid Ukraine, U.S. Treasury Secretary Janet ...

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