National Business

BEIJING (AP) — Asian markets surged while Europe opened lower Thursday after oil prices recovered some of a decline the day before that had eased inflation fears.

ST. JOHN'S, N.L. — Newfoundland and Labrador Premier Andrew Furey says oil from his province could help countries transition away from Russian fossil fuels, but experts warn it's not that simple.

WASHINGTON (AP) — The House overwhelmingly approved legislation Wednesday night that would ban Russian oil imports to the United States, an effort to put into law the restrictions announced by President Joe Biden in response to the escalating war in

BEIJING (AP) — Japan's stock benchmark soared 4% and other Asian markets surged Thursday after oil prices dropped, easing fears inflation was set to accelerate. Wall Street's S&P 500 index rose 2.

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (21,493.23, up 261.20 points.) Suncor Energy Inc. (TSX:SU). Energy. Down $1.41, or 3.4 per cent, to $40.10 on 27.4 million shares.

TORONTO — A broad rally led by tech pushed Canada's main stock index to a three-week high, although it underperformed U.S. markets as the price of oil dropped 12 per cent and gold lost some of its lustre.

TORONTO — The Alcohol and Gaming Commission of Ontario says cannabis retailers in the province can offer delivery and curbside pickup services on a permanent basis.

CALGARY — Sixteen Indigenous communities along the Coastal GasLink pipeline route have signed option agreements for an equity stake in the project, a move that one Indigenous leader hopes will set a precedent for future energy infrastructure projects

Canadian manufacturers say supply chain disruptions are cutting into their production while raising costs, putting the recovery of the sector and the overall economy at risk.

NEW YORK (AP) — A prominent literary journal is shutting down this fall after losing support from its publisher, Bard College.