National Business

TORONTO — Brookfield Infrastructure Partners LP says Inter Pipeline Ltd. hasn't provided evidence to support its call for a higher alternative to the $7.1 billion hostile takeover bid that Brookfield announced last month.

TORONTO — A shortage of video game consoles during the COVID-19 pandemic has been highly lucrative for resellers like Rick Charles. The 25-year-old project manager has made as much as $500 profit on the sale of each coveted new PlayStation 5.

VANCOUVER — Premium Brands Holdings Corp. raised its dividend as it reported its fourth-quarter profit and revenue rose compared with a year ago. The specialty food company increased its quarterly dividend to 63.5 cents per share, up from 57.

TORONTO — Uber Technologies Inc.

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (18,690.00, up 90.81 points.) Manulife Financial Corp. (TSX:MFC). Financials. Up 31 cents, or 1.16 per cent, to $27.13 on 11.

Linamar Corp. is setting up a community clinic this week that could deliver up to 2,000 COVID-19 vaccines per day, as the auto parts maker prioritizes vaccines in its recovery from the pandemic. The Guelph, Ont.

Facebook has asked a court to dismiss state and federal antitrust lawsuits that accuse it of abusing its market power in social networking to crush smaller competitors.

CALGARY — Tourmaline Oil Corp. is reporting higher fourth-quarter earnings and production along with a 14 per cent increase in its dividend following a year in which it completed four corporate acquisitions.

TORONTO — Canada's main stock index continued its record run on dissipating inflation fears and further signs of a bigger economic reopening. The S&P/TSX composite index increased 90.81 points to a record close of 18,690.

TORONTO — A group representing the life insurance industry says a decision by the Saskatchewan Court of Appeal will support consumer protection rules that separate banking from insurance.