National Business

RIYADH, Saudi Arabia (AP) — President Donald Trump on Tuesday held out Saudi Arabia as a model for a reimagined Middle East, using the first major foreign trip of his term to emphasize the promise of economic prosperity over instability in a region r

CALGARY — Ottawa is weighing the proposed takeover of Calgary-based Parkland Corp. by American fuel distributor Sunoco LP at a time of fraught Canada-U.S. relations and amped-up resource nationalism. The US$9.

The mayor of an Ontario municipality set to be the home for Honda's now-postponed $15-billion electric-vehicle project said Tuesday he is not giving up hope on the plant.

HALIFAX — Nova Scotia is lifting two long-standing moratoriums on new buyer and processor licences for seafood as it looks to grow the multibillion-dollar sector, the provincial government announced Tuesday. Beginning Aug.

TORONTO — Robinhood Markets Inc. has signed a deal to buy Canadian cryptocurrency company WonderFi Technologies Inc. for $250 million. WonderFi owns cryptocurrency platforms Bitbuy and Coinsquare.

TORONTO — An Ontario court has extended Hudson’s Bay’s reprieve from the hundreds of businesses it owes money until the end of July.

HALIFAX — Security experts say the theft of customer data from Nova Scotia's electric utility has the hallmarks of an extortion attempt by cybercriminals.

TORONTO — Scotiabank has signed a referral arrangement with the Canadian arm of India's ICICI Bank Ltd. for high-net-worth clients. Under the agreement, ICICI Bank Canada will have the opportunity to access Scotia Wealth Management services.

Most young people engage with insurance only when legally required — auto, tenant, or home insurance.

U.S. retail egg prices fell in April from the record-high prices they hit earlier this year, according to government data released Tuesday. The average price for a dozen Grade A eggs dropped 12.7% to $5.