National Business

COLOMBO, Sri Lanka (AP) — The president of Sri Lanka fled the country early Wednesday, slipping away in the middle of the night only hours before he was to step down amid a devastating economic crisis that has triggered severe shortages of food and f

TORONTO — Canada's telecom regulator has ordered Rogers Communications Inc.

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (18,678.64, down 138.16 points.) Toronto-Dominion Bank (TSX:TD). Financials. Down $1.01, or 1.2 per cent, to $80.83 on 14.

NEW ORLEANS (AP) — One million gallons of oil have been collected since April 2019 from the site of the nation’s longest oil spill, in the Gulf of Mexico off Louisiana, the Coast Guard and National Oceanic and Atmospheric Administration said Tuesday.

SAN FRANCISCO — Twitter sued Tesla CEO Elon Musk on Tuesday to force him to complete the $44 billion acquisition of the social media company.

Canada's main stock index fell to its lowest close in more than 15 months as crude oil prices slumped on renewed COVID-19 lockdowns in China and growing concerns that central bank responses to hot inflation numbers will prompt a recession

NEW YORK — Stocks shed early gains and ended broadly lower on Wall Street Tuesday as investors brace for a big week of news on inflation and company earnings reports. The S&P 500 fell 0.9%, extending its losing streak to a third consecutive day.

Irving Oil is expanding hydrogen capacity at its Saint John, N.B., refinery in a bid to lower carbon emissions and offer clean energy to customers. The family-owned company said Tuesday it has a deal with New York-based Plug Power Inc.

EDMONTON — Capital Power Corp. and Manulife Investment Management have signed a deal to buy MCV Holding Co., which owns Midland Cogeneration Venture, for US$894 million, including the assumption of US$521 million of project level debt.

OTTAWA — The Conference Board of Canada is cutting its estimate for economic growth for this year and next as central banks around the world hike interest rates in an effort to deal with soaring inflation.