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Business

1 month ago

Aquaculture industry hosts 30th annual conference in St. John’s

The Newfoundland Aquaculture Industry Association kicked off their 30th annual conference and trade show in St. John’s on Tuesday. Today’s schedule was jam-packed, including a keynote address from Dr. Ken Coates with the University of Saskatchewan. NTV’s Marykate O’Neill was there and has more.

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1 month ago

Near Miss on the Terra Nova FPSO

On Sept. 21, Suncor Energy Inc. reported an incident that occurred during equipment testing on the Terra Nova FPSO. While testing the mechanical overspeed on the emergency generator, the engine fan failed. This resulted in fan debris being projected into the room where the generator was located. There were two workers in the room who were uninjured.  […]

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1 month ago

NordSpace rocket launch attempt delayed by fire

The weather was perfect in St. Lawrence Tuesday morning for Canada’s first commercial rocket launch, but the first attempt was delayed by a boat in the exclusion zone, and the second was delayed by a fire on the launch pad. There were no injuries.

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1 month ago

Bank of Canada reduces its target for the overnight rate by 25 basis points to 2.5%, with the Bank Rate at 2.75%

Global economic growth is showing signs of slowing. In the United States, business investment has been strong but consumers are cautious and employment gains have slowed. US inflation has picked up in recent months as businesses appear to be passing on some tariff costs to consumer prices. Growth in the euro area has moderated as […]

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