National Business

BRAMPTON — MDA Space Ltd. is increasing its takeover offer for SatixFy Communications Ltd. after the Israeli company received a rival bid.

VANCOUVER — TotalEnergies has signed a deal to buy two million tons per year of liquefied natural gas for 20 years from the proposed Ksi Lisims LNG project on the north coast of B.C.

OTTAWA — Canada's annual inflation rate was 1.7 per cent in April, Statistics Canada says.

OTTAWA — Canada's annual inflation rate was 1.7 per cent in April, Statistics Canada says. Here's what happened in the provinces (previous month in brackets): — Newfoundland and Labrador: 0.4 per cent (1.1) — Prince Edward Island: 0.6 per cent (1.

BRUSSELS (AP) — The European Union on Tuesday agreed to impose fresh sanctions on Russia, notably targeting almost 200 ships from the shadow fleet illicitly transporting oil to skirt Western restrictions put in place over Moscow's war in Ukraine.

VANCOUVER — British Columbia's power utility is facing transformational challenges of drought, rising costs and a trade war with the United States as it works to meet electricity demand that's surging after two decades of relative stability.

MELBOURNE, Australia (AP) — Australia’s central bank on Tuesday reduced its benchmark interest rate by a quarter percentage for a second time this year, to 3.85% after inflation fell within a target range.

MONTREAL — Importers are warning that the launch of a new online payment regime this week will cause financial headaches and logistical snarls for shippers bringing goods into Canada.

NEW YORK (AP) — U.S. stocks, bonds and the value of the U.S. dollar drifted following the latest reminder that the U.S government seems to be hurtling toward an unsustainable mountain of debt. The S&P 500 edged up 0.

Canada has filed its preliminary roster for next month's CONCACAF Gold Cup, a 60-man list that will be reduced to a final squad of 23 to 26 players by June 4.