National Business

Canada's competition watchdog released its much awaited study into the country's retail grocery market on Tuesday, painting a picture of a highly concentrated industry dominated by few players.

OTTAWA — Canada's inflation rate tumbled in May as price shocks caused by the Russian invasion of Ukraine have been mostly absorbed, but economists are still expecting the Bank of Canada to move ahead with another rate hike next month.

Young Canadians are increasingly the targets of financial fraud, experts say, as the age group most comfortable with buying products online is likewise most exposed to risk.

NICOSIA, Cyprus (AP) — The chief executive of energy company Eni said Tuesday that Cyprus-Israeli plans for a pipeline to move offshore natural gas from the two countries to Cyprus is “part of our discussion” with the Cypriot government.

TORONTO — When the Collision tech conference got underway in Toronto on Tuesday, there were two words that dominated discussions across the Enercare Centre: artificial intelligence.

TORONTO — Brookfield Reinsurance Ltd. has made a stock-and-cash offer to buy American Equity Investment Life Holding Co. (AEL) that values the company at US$4.3 billion.

WASHINGTON (AP) — The Justice Department’s watchdog said Tuesday that a "combination of negligence and misconduct" enabled financier Jeffrey Epstein to take his own life at a federal jail in New York City while he was awaiting trial on sex traffickin

OTTAWA — Canada's annual inflation rate was 3.4 per cent in May, Statistics Canada says.

OTTAWA — Canada's national annual inflation rate was 3.4 per cent in May, Statistics Canada says. Here's what happened in the provinces (previous month in brackets): — Newfoundland and Labrador: 1.7 per cent (3.5) — Prince Edward Island: 0.

TORONTO — Thomson Reuters Corp. has signed a deal to buy Casetext, which uses advanced artificial intelligence and machine learning to build technology for lawyers. It is paying US$650 million in cash for the California-based company.