National Business

TORONTO — Cannabis retailer Tokyo Smoke says it will be shuttering 29 of its stores as it seeks creditor protection. The closures are part of a restructuring the brand is carrying out under the Companies' Creditors Arrangement Act.

DUBAI, United Arab Emirates (AP) — Yemen's Houthi rebels released footage on Thursday showing their fighters boarded and placed explosives on a Greek-flagged tanker, setting off blasts that put the Red Sea at risk of a major oil spill.

The province says all new buildings designed under the changes will require safety measures including sprinklers, smoke-management systems and wider stairwells.

Lululemon Athletica Inc. cut its full-year outlook Thursday as its CEO admitted the company has grappled with some "missed opportunities" in its womenswear business.

MONTREAL — Unions representing longshore workers at the country's major ports are promising to put pressure on the federal government if it won't commit to staying out of potential labour disputes in the sector.

BELGRADE, Serbia (AP) — Serbian President Aleksandar Vucic on Thursday announced a $3 billion deal to buy 12 French warplanes, in a move that shifts his country away from its dependence on Russian arms.

TORONTO — Canada's main stock index gained 100 points Thursday, led by gains in energy, technology and financials, while U.S. stock markets fizzled to a mixed close following earnings from Nvidia. The S&P/TSX composite index closed up 100.

Stocks closed with mixed results on Wall Street after some late-day selling. The S&P 500 was essentially flat after giving up an earlier gain of nearly 1%. The Nasdaq fell 0.

FREDERICTON — The New Brunswick government revealed Thursday that it expects to spend more than it collects in revenue in the 2024-25 fiscal year as it scrambles to cover health-care expenses, including the high cost of travel nurses.

TORONTO — Onex Corp. says it has signed a deal to buy Farsound Aviation Ltd., a British company specialized in supplying aircraft parts for engine maintenance and repairs.