National Business

DUBAI, United Arab Emirates (AP) — Long-haul carrier Emirates reported on Thursday that it earned annual profits of $5.2 billion, making it one of the world’s most-profitable airlines. The Dubai-based carrier served 53.

WASHINGTON (AP) — The Federal Reserve kept its key interest rate unchanged Wednesday, brushing off President Donald Trump’s demands to lower borrowing costs, and said that the risks of both higher unemployment and higher inflation have risen, an unus

VICTORIA — Resolving the softwood lumber dispute could create "momentum" for a larger trade agreement between Canada and the United States, British Columbia Premier David Eby says.

TORONTO — Canada's main stock index closed up along with U.S. markets on a choppy day that showed hints of cooling trade tensions while the head of the U.S. Federal Reserve warned of rising risks. The S&P/TSX composite index closed up 186.

CALGARY — A judge has declined to hear a challenge to Parkland Corp.'s last-minute decision to delay its shareholder meeting by more than a month so investors can vote on a US$9.

NEW YORK (AP) — U.S. stocks ended a choppy day higher after the Federal Reserve left its main interest rate alone, as was widely expected, but also warned about rising risks for the U.S. economy. The S&P 500 rose 0.4% Wednesday.

HALIFAX — A licensed baby eel fisher says he's been sending evidence to the federal Fisheries Department of illegal fishing on a Nova Scotia river, but he says Ottawa is not acting.

CALGARY — Power producer TransAlta Corp. is hoping to sign agreements this year with prospective Alberta data centre partners that would draw on natural gas-fired electricity it generates in the province.

TORONTO — The executives that led Canada’s oldest company to its recent collapse won’t be handed the reins of Hudson’s Bay as part of its restructuring process, new court documents indicate.

Disney will build its seventh theme park, this one in the United Arab Emirates, the entertainment company said Wednesday.