National Business

BlackBerry Ltd. reported a net profit of US$1.9 million during the first quarter, compared to a net loss of US$41.4 million a year earlier.

VICTORIA — There is less than a year to go before Vancouver is on the global stage hosting seven FIFA World Cup soccer games, and leaders are promoting the economic benefits of spending hundreds of millions of dollars on the international showcase.

CALGARY — Fuel refiner and retailer Parkland Corp. says shareholders have voted in favour of its planned takeover by U.S. company Sunoco LP.

TORONTO — Strength in technology stocks helped Canada's main stock index climb over 100 points on Tuesday, while U.S. markets also rose and oil prices fell. The S&P/TSX composite index closed 109.26 points higher at 26,718.62. A rally in the U.S.

NEW YORK (AP) — U.S. stocks rose toward their all-time high on Tuesday after oil prices eased further on hopes that Israel’s war with Iran will not damage the global flow of crude. The S&P 500 climbed 1.

CALGARY — Oilsands output is forecast to hit a new record this year and add another half a million barrels a day from last year's levels by 2030 despite global crude price uncertainty, S&P Global Commodity Insights says in a new report.

TORONTO — Andrew Moor, who grew EQB Inc. into Canada's seventh-largest bank during his nearly two-decade tenure at the helm and pushed for more innovation in the financial sector, has died.

The Nova Scotia government is giving the Unama’ki Institute of Natural Resources in Cape Breton $893,000 to fund Mi’kmaq-led climate change adaptation work.

WASHINGTON (AP) — Americans’ view of the U.S. economy worsened in June, resuming a downward slide that had dragged consumer confidence to its lowest level since the COVID-19 pandemic five years ago.

WASHINGTON (AP) — The Federal Reserve will continue to wait and see how the economy evolves before deciding whether to reduce its key interest rate, Chair Jerome Powell said Tuesday, a stance directly at odds with President Donald Trump’s calls for i