National Business

The head of BCE Inc. looked to assure investors Thursday that the company's network is designed to avoid the kind of mass outage that recently hit Rogers Communications Inc.

MONTREAL — Bombardier Inc. is posting a second-quarter loss but has raised its 2022 full-year guidance on free cash flow. The business jet maker, which keeps its books in U.S.

TORONTO — DesRosiers Automotive Consultants says Canadian auto sales were down 16.2 per cent in July compared with a year earlier because of a shortage of available vehicles.

CALGARY — Saskatoon-based fertilizer giant Nutrien Ltd. surged to all-time high profits in the first six months of 2022 as the war in Ukraine destabilized agriculture markets and heightened global food security fears.

MONTREAL — Dairy giant Saputo Inc. says it had net earnings of $139 million for the quarter ended June 30, up from $53 million for the same quarter last year.

MONTREAL — SNC-Lavalin Group Inc. reported its second-quarter profit fell compared with a year ago as revenue grew. The company says its profit from continuing operations attributable to shareholders totalled $1.

WASHINGTON (AP) — More Americans applied for jobless benefits last week as the number of unemployed continues to rise modestly, though the labor market remains one of the strongest parts of the U.S. economy.

NEW YORK (AP) — In a highly unusual move that rattled Hollywood, Warner Bros. axed the “Batgirl” film planned for HBO Max, opting to shelve the $90 million film as the reorganized studio revamps its approach to streaming and DC Comics films.

TORONTO — Sun Life Financial Inc. says it earned $785 million or $1.34 per share in the second quarter of 2022, a 13 per cent decrease from the prior year.

SASKATOON — Nutrien Ltd. says its net profit increased 224 per cent to US$3.6 billion in the second quarter as the war in Ukraine continues to put pressure on global agriculture markets. The Saskatoon-based fertilizer producer — which reports in U.S.