National Business

CALGARY — Shares in oil producer Cenovus Energy Inc.

TORONTO — Canada's main stock index closed up nearly 100 points on Thursday, with energy leading the way as some of the country's biggest oil names reported stronger-than-expected quarterly earnings. The S&P/TSX composite index was up 92.

MONTREAL — WSP Global Inc. remains largely insulated from tariff fallout and cost-cutting by the U.S.

NEW YORK (AP) — U.S. stocks rose after the United States and United Kingdom announced a deal on trade that would lower some tariffs and restrictions between the two countries. The S&P 500 climbed 0.

Tom Segura, Russell Peters and Russell Howard are among the headliners booked for a revamped Just For Laughs that its new owner says he hopes will bring the summer festival back to its position as an industry powerhouse.

HALIFAX — The Nova Scotia government is accelerating the environmental review process for a number of clean energy projects to meet its climate goals and get off coal by 2030.

TORONTO — The national average asking rent in April was down year-over-year for the seventh straight month at $2,127, marking a decrease of 2.8 per cent. The latest data from Rentals.

The Trump administration proposed a major overhaul of the U.S. air traffic control system on Thursday in the wake of recent deadly plane crashes and technical failures that have put a spotlight on the outdated network.

Construction on the first of four small modular reactors at a nuclear station east of Toronto is set to begin this year with the entire project costing $21 billion.

TORONTO — A dip in consumer confidence and broader uncertainty in the economy helped drive down first-quarter profits at Restaurant Brands International Inc., its chief executive said.