National Business

SILVER SPRING, Md. — U.S. average rates on long-term mortgages rose slightly this week but remain at historically low levels. Mortgage buyer Freddie Mac reported Thursday that the average rate on the 30-year home loan edged up to 2.90% from 2.

TORONTO — CI Financial Corp. and its Assante Wealth Management (Canada) Ltd. subsidiary have signed a deal to acquire a minority share in Assante's operation in Dorval, Que.

WATERLOO, Ont. — BlackBerry Ltd. reported a loss of US$23 million in its latest quarter as its revenue grew six per cent compared with a year ago. The security software and services company, which keeps its books in U.S.

DALLAS — A major provider of software services to state, county and local governments, including the online publishing of election results, told customers Wednesday that an unknown intruder broke into its phone and information technology systems.

Shopify Inc. says it has notified Canada's privacy commissioner about a recent data breach it says was carried out by two "rogue" employees.

FRANKFURT — Volkswagen is unveiling a battery-powered sport-utility vehicle that is headed for global markets including the United States and China, as the company takes a major step forward in its campaign to make electric cars a mass-market choice.

Statistics Canada says sales for food services and drinking places rose for the third month in a row in July, buoyed by the reopening of dining rooms and patios across the country. The agency says the subsector recorded sales of $4.

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (15,817.11, down 325.78 points.) Canadian Natural Resources (TSX:CNQ). Down 66 cents, or 2.92 per cent, to $21.94 on 11.

TORONTO — Canada's main stock index sank midweek as the materials sector lost ground with the price of gold falling to its lowest level in two months.

NEW YORK — Wells Fargo CEO Charles Scharf apologized Wednesday for comments he made suggesting it is difficult to find qualified Black executives in the financial industry.