National Business

CALGARY — The rising price of oil may grab most of the headlines, but another commodity — natural gas — is on an even wilder ride and expected to hit fresh heights this summer.

MONTREAL — National Bank of Canada beat expectations in its latest quarter as it prepares to navigate through a more uncertain economic environment.

Some of Canada's independent telecom companies say the federal government is putting too much faith in the country's regulator to foster competition in the telecom sector and ensure internet and wireless services are more affordable.

DUBAI, United Arab Emirates (AP) — Iran's paramilitary Revolutionary Guard seized two Greek oil tankers on Friday in the Persian Gulf, just after Athens assisted the U.S.

NEW YORK (AP) — A federal judge on Friday dismissed Donald Trump’s lawsuit against New York Attorney General Letitia James, rejecting the former president’s claim that she targeted him out of political animus and allowing her civil investigation into

OTTAWA — The federal government posted a deficit of $95.6 billion for its 2021-22 fiscal year. In its monthly fiscal monitor report, the Finance Department says the tally for the April 2021 to March 2022 period compared with a deficit of $314.

An inflation gauge closely tracked by the Federal Reserve rose 6.3% in April from a year earlier, the first slowdown since November 2020 and a sign that high prices may finally be moderating, at least for now.

EDMONTON — CWB Financial Group is raising its dividend as it reports its second-quarter common shareholders' net income rose three per cent compared with a year ago.

TOKYO (AP) — Asian shares gained Friday as investors cheered a strong set of earnings from retailers that has sent U.S. shares higher. Benchmarks were rising in early trading across the region, including Japan, China, Australia and South Korea.

TORONTO — Canada's Big Five banks all sounded notes of caution in releasing results this week as pressure builds on the economy, though each pointed to somewhat different strategies in preparing for a potential recession.