National Business

LONGUEUIL, Que. — Héroux-Devtek Inc. says profits shot up more than 300 per cent amid higher demand from the aviation world following a tough pandemic period for the Quebec-based company. The maker of aircraft landing gear notched net income of $3.

MARKHAM, Ont. — Pet Valu Holdings Ltd. is reporting a drop in profits despite major sales growth in its latest quarter. In the three months ended July 1, the pet food and supplies retailer says net income fell by $1.

TORONTO — Barrick Gold Corp. is reporting a plunge in profits due to lower production and higher costs, even as the gold miner beat earnings expectations.

U.S. regulators are warning airlines to limit the use of an anti-icing system on Boeing 737 Max jets in dry air to avoid overheating engine-housing parts, which could cause them to break away from the plane.

Tilray Brands Inc. is expanding its case of craft brews, announcing a deal to buy eight beer and beverage brands from Anheuser-Busch Companies LLC. In a filing with the U.S.

BEIJING (AP) — China's exports plunged by 14.5% in July compared with a year earlier, adding to pressure on the ruling Communist Party to reverse an economic slump. Exports fell to $281.8 billion as the decline widened from June’s 12.

NEW YORK (AP) — There’s no shaking it. Your chances of winning the lottery are extremely slim . After no big winner Friday night, the Mega Millions jackpot climbed to an estimated $1.55 billion .

NEW YORK (AP) — Stocks closed higher as Wall Street regained momentum after its big rally for the year took a pause last week. The S&P 500 rose 0.9% Monday to recover more than a third of its loss from last week.

OTTAWA — The Canadian Armed Forces has created a new program to gradually phase out its old housing benefit after hearing feedback from military members who were set to lose the payments.

MONTREAL — WSP Global Inc. says it has sold Louis Berger Services Inc. to Versar Inc. less than five years after buying the engineering and design firm's parent company. Montreal-based WSP acquired Louis Berger Holdings Inc.