National Business

CALGARY — Vermilion Energy Inc. reported a fourth-quarter profit of $344.6 million compared with a loss of $57.7 million a year earlier, helped by higher oil and natural gas prices.

TORONTO — Five things to watch for in the Canadian business world in the coming week: Trade report International merchandise trade numbers for January are expected from Statistics Canada on Tuesday.

OSHAWA, Ont. — The hulking grey shell of GM’s Oshawa assembly plant looks just like it did when the company shut down production on a frigid December day in 2019, but much of what’s inside is strikingly new.

NEW YORK (AP) — Mastercard and Visa are suspending their operations in Russia, the companies said Saturday, in the latest blow to the country's financial system after its invasion of Ukraine .

ST. JOHN'S, N.L. — Newfoundland and Labrador will have to wait another 40 days for a federal decision on the fate of a proposed offshore oil project led by Norwegian oil giant Equinor.

DUSSELDORF, Germany (AP) — Russian President Vladimir Putin on Friday intensified a crackdown on media outlets and individuals who fail to hew to the Kremlin line on Russia's war in Ukraine , blocking Facebook and Twitter and signing into law a bill

MONTREAL — The price of gasoline has topped $2 a litre in British Columbia as Canadians continue to see eye-popping numbers at the pump this week, spurred upward by Russia's invasion of Ukraine. The retail price of gas across the country averaged $1.

TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (21,402.43, up 152.02 points.) Suncor Energy Inc. (TSX:SU). Energy. Up 85 cents, or 2.2 per cent, to $40.06 on 25.4 million shares.

TORONTO — Canada's main stock index rose for a second-straight week as commodity prices continued to march higher with oil surpassing US$115 per barrel Friday over worries about the war in Ukraine.

OTTAWA — A parliamentary committee says a proposed multibillion-dollar takeover of one of Canada's largest telecoms should not proceed. But the House of Commons industry and technology committee says if Rogers Communications Inc.