Business

The Bake Oven, Winnipeg’s most prominent Dutch bakery and deli, is closing April 15

Gabrielle Piché 4 minute read Yesterday at 7:00 PM CDT

Lori Loch might stockpile chocolate sprinkles soon.

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Lowest price is the draw: Winnipeggers flock to new Zellers store

Gabrielle Piché 6 minute read Preview

Lowest price is the draw: Winnipeggers flock to new Zellers store

Gabrielle Piché 6 minute read Tuesday, Apr. 4, 2023

Derek Sherby rode a wave of nostalgia to Zellers Tuesday.

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Tuesday, Apr. 4, 2023

JESSICA LEE / WINNIPEG FREE PRESS

Zellers GM Ewa Turski waves while standing next to DJ Dave Filiatrault at the newly re-opened Zellers on the second floor of Hudson’s Bay at St. Vital Mall on Tuesday.

Founder built New Flyer into largest bus firm in North America

Martin Cash 4 minute read Preview

Founder built New Flyer into largest bus firm in North America

Martin Cash 4 minute read Yesterday at 2:01 AM CDT

Jan den Oudsten, Officer of the Order of Canada and founder of New Flyer Industries, has passed away at age 92.

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Yesterday at 2:01 AM CDT

MIKE DEAL / WINNIPEG FREE PRESS FILES

Jan den Oudsten, Officer of the Order of Canada and founder of New Flyer Industries, has passed away at age 92.

Thermëa spa advises customers of data hack

Gabrielle Piché 3 minute read Preview

Thermëa spa advises customers of data hack

Gabrielle Piché 3 minute read Yesterday at 3:11 PM CDT

Manitobans who’ve recently bought gift cards for Nordic-style spa Thermëa have been warned their personal information may have been leaked in a data breach.

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Yesterday at 3:11 PM CDT

BORIS MINKEVICH / WINNIPEG FREE PRESS FILES

Groupe Nordik opened Thermëa in Winnipeg, on the Crescent Drive Golf Course, in 2015.

U of M on board with responsible investing principles

Martin Cash 4 minute read Preview

U of M on board with responsible investing principles

Martin Cash 4 minute read Updated: Yesterday at 3:24 PM CDT

The University of Manitoba has officially joined the movement to institutionally commit to implement responsible investing principles.

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Updated: Yesterday at 3:24 PM CDT

MIKAELA MACKENZIE / WINNIPEG FREE PRESS FILES

The University of Manitoba has officially joined the movement to institutionally commit to implement responsible investing principles.

Mordens’ of Winnipeg readies for 65th anniversary next year

Janine LeGal 5 minute read Preview

Mordens’ of Winnipeg readies for 65th anniversary next year

Janine LeGal 5 minute read Monday, Apr. 3, 2023

It’s uncommon these days to make it to 65, as a business. But it’ll happen next year for Mordens’ of Winnipeg. Since 1959, the Morden family has owned and operated Mordens’ Chocolate Manufacturing & Custom Nut Roasting Company, the iconic candy store at 674 Sargent Ave., serving up an array of popular chocolates, nuts and candy treats.

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Monday, Apr. 3, 2023

RUTH BONNEVILLE / WINNIPEG FREE PRESS

- Mordensՠof Winnipeg Story: Business Profile. Since 1959, Mordensՠof Winnipeg has been creating award-winning chocolates and other products including nuts, peanut brittle and toasted marshmallows. After 64 years, the family-owned and operated business continues to serve a loyal Winnipeg and Manitoba customer base and since launching their ecommerce website in 2020, their products have been requested from every single province and territory. Mordens’ family photo including: Blake and Shirley Morden (grandparents and founders), Fred Morden ( son and new owner of the business), and granddaughters, Mariel Morden-Miller (GM) and her sister Hilary Morden, who both work in the business. Story publication date: April 4th Reporter: Janine LeGal March 28th, 2023

Macron in China wants ‘common path’ on peace in Ukraine

The Associated Press 3 minute read Preview

Macron in China wants ‘common path’ on peace in Ukraine

The Associated Press 3 minute read 1:09 AM CDT

BEIJING (AP) — French President Emmanuel Macron said Thursday he wants to forge a “common path” with China on peace in Ukraine when he meets Chinese leader Xi Jinping.

French officials said earlier Macron planned to urge Xi to use Beijing's influence with Russian President Vladimir Putin to promote peace in Ukraine but expected no major change in China's position.

Xi and Putin declared their governments had a “no limits friendship” before Moscow’s February 2022 attack on Ukraine. Beijing has refused to criticize the Kremlin but has tried to appear neutral and has called for a cease-fire and peace talks.

Macron said during a meeting with ruling Communist Party's No. 2 leader, Premier Li Qiang, that he wanted to talk about “Ukraine, but also about all the major conflicts and the difficult situations around the world.”

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1:09 AM CDT

France's President Emmanuel Macron, left, attends a meeting with the head of China's National People’s Congress Zhao Leji at the Great Hall of the People in Beijing, China, Thursday, April 6, 2023. (AP Photo/Thibault Camus, Pool)

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Ottawa signs cement carbon capture deal in Alberta

The Canadian Press 2 minute read Preview

Ottawa signs cement carbon capture deal in Alberta

The Canadian Press 2 minute read Updated: Yesterday at 4:42 PM CDT

EDMONTON - The federal government has signed a deal to work with an Edmonton cement manufacturer to keep carbon dioxide generated at the plant from entering the atmosphere.

Innovation, Science and Industry Minister Francois-Philippe Champagne signed a memorandum of understanding Wednesday with Heidelberg Materials to help with the construction of a carbon capture and storage facility.

Champagne said negotiations on a federal role in the $1.4-billion project, expected to be operational by 2026, are well advanced.

"The government of Canada will be a significant partner," he promised.

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Updated: Yesterday at 4:42 PM CDT

Minister of Innovation, Science and Industry, Francois-Philippe Champagne attends a US-Canada summit hosted by the Eurasia Group, in Toronto on Tuesday, April 4, 2023. Champagne has signed a memorandum of understanding with Heidelberg Materials to help with construction of a carbon capture and storage facility. THE CANADIAN PRESS/Chris Young

TikTok’s parent has a new app: What to know about Lemon8

Haleluya Hadero, The Associated Press 5 minute read Preview

TikTok’s parent has a new app: What to know about Lemon8

Haleluya Hadero, The Associated Press 5 minute read Updated: Yesterday at 2:46 PM CDT

NEW YORK (AP) — As lawmakers debate whether to ban TikTok nationwide, its Chinese parent company has introduced a new app that’s already getting some traction.

The app, called Lemon8, is likely to face some of the same scrutiny as TikTok, which has been dogged by claims the Chinese government could force its parent company ByteDance to hand over U.S. user data or push misinformation on the platform.

TikTok maintains that hasn't happened. And it’s attempting to convince lawmakers it can keep user data safe.

Meanwhile, ByteDance is pressing ahead with its expansion plans. Here’s what you need to know about the company’s new app:

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Updated: Yesterday at 2:46 PM CDT

This photo shows the logo and application page for the social media site Lemon8, in New York, Wednesday, April 5, 2023. Lemon8, is a photo-based app that could be described as a mixture of Instagram and Pinterest with sprinkles of videos that resemble those posted on TikTok. It launched in Asian markets in 2020 and has already made headway in countries like Thailand and Japan. (AP Photo/Richard Drew)

Asian shares mostly fall amid worries about slowing economy

Yuri Kageyama, The Associated Press 4 minute read Preview

Asian shares mostly fall amid worries about slowing economy

Yuri Kageyama, The Associated Press 4 minute read 2:07 AM CDT

TOKYO (AP) — Asian shares were trading mostly lower Thursday as investors turned their attention to upcoming earnings reports and other economic indicators.

Japan's benchmark Nikkei 225 shed 1.3% in afternoon trading to 27,439.88. Australia's S&P/ASX 200 slipped 0.4% to 7,208.10. South Korea's Kospi fell 1.4% to 2,461.12. Hong Kong's Hang Seng lost 0.4% to 20,204.33. The Shanghai Composite slipped less than 0.1% to 3,311.55.

While efforts to cool inflation by raising interest rates are designed to slow overheated economies, the worry is that central bank policymakers might overdo it, leading to recession.

Many regional economies are seeing weakness in exports due to softer demand in major markets like the United States. That has dulled the impact of a rebound in China as its economy recovers from pandemic-related disruptions.

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2:07 AM CDT

FILE - People pass the front of the New York Stock Exchange in New York, March 21, 2023. Stocks are dipping on Wall Street, Wednesday, April 5, and Treasury yields are dropping following the latest signals that the U.S. economy is slowing under the weight of much higher interest rates. (AP Photo/Peter Morgan, File)

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