National Business

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.

HALIFAX — People across Canada are feeling the financial pressure of surging gasoline prices, but residents of the Atlantic region are being particularly hard hit, in part, because of their heavy reliance on oil to heat their homes.

MONTREAL — Ottawa is issuing a call for expressions of interest regarding a high-frequency train project to connect Quebec City and Toronto.

TORONTO — When Russia started waging war against Ukraine last month, Vancouver recruiter VanHack was so anxious to help that it immediately created a directory of Ukrainian tech workers willing and eager to relocate for a job or to work remotely.