National Business

TORONTO — Martinrea International Inc. missed earnings expectations as it swung to a near $10-million loss in the fourth quarter on continuing challenges from a global semiconductor shortage. The Toronto-based auto parts manufacturer says it lost $9.

Rogers Communications Inc. said Thursday it still expects its $26-billion takeover of Shaw Communications Inc.

TORONTO — It’s been a tough run for bond markets as investors anticipate central bank interest rate rises like the Bank of Canada’s move this week, but financial advisers say it’s still important to have hedges in your portfolio to balance the risks

TORONTO — Canada's main stock index had its second-best day of the year following strong bank results and hopes that the war in Ukraine will temper aggressive interest rate hikes next month.

CALGARY — Baytex Energy Corp.'s share price soared Friday on news the company has almost reached its net debt target and will institute a share buyback program in the second quarter of this year. The company's stock closed up 14.2 per cent to $5.71.

TORONTO — Canadian businesses are at risk of being targeted for online attacks if Russia chooses to retaliate against government sanctions, a cybersecurity expert said Friday.

BRUSSELS (AP) — With a military intervention in Ukraine off the table, and countries around the world looking to heap more financial punishment on Moscow, the United States, Britain and European Union said Friday they will move to sanction Russian Pr

NEW YORK (AP) — Relief flowed through Wall Street on Friday, even as deadly attacks continued to rage in Ukraine. Stocks rose, oil fell and investors turned away from gold and other traditional havens they favor when fear is high.

TORONTO — Canadian phone companies are waiving long-distance and text charges for calls to Ukraine amid Russia's assault on the country. Bell Canada, Rogers Communications Inc., Telus Corp. and Shaw Communications Inc.

Heightened market volatility drove up National Bank of Canada trading revenue and first quarter profits, its chief executive said Friday.