National Business

TORONTO — A new report from an advocacy group finds two of Canada's biggest insurers are taking steps toward climate action, but still have a ways to go. The report from Investors for Paris Compliance says climate action from Sun Life Financial Inc.

Montreal billionaire Robert Miller, who faces a class-action lawsuit alleging he paid underage girls for sex, is selling his company Future Electronics Inc. for more than $5 billion to a Taiwanese semiconductor distributor. WT Microelectronics Co.

NEW YORK (AP) — Americans stepped up retail spending modestly from July to August as the price of gasoline jumped, cutting into budgets as many families send their kids off to school. Retail sales rose 0.6% in August, compared with a revised 0.

TORONTO — The U.S. benchmark price of oil has topped US$90 per barrel for the first time since late last year. The October futures contract for West Texas Intermediate (WTI) light sweet crude oil was up US$1.57 at US$90.

BRUSSELS (AP) — Kosovo and Serbia on Thursday failed yet again to make progress in talks aimed at improving their long-strained relations , and the European Union’s top diplomat warned that the lack of progress could hurt their hopes of joining the b

MONTREAL — Shares of Laurentian Bank were down more than 10 per cent in morning trading after it announced it had completed its review of strategic options without a deal to sell the bank.

OTTAWA — Statistics Canada says wholesale sales excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseed and grain, grew 0.2 per cent to $81.3 billion in July.

Edmonton lawyer Melissa Bourgeois had been practicing family law for more than a decade when she had what she calls her "lightbulb moment.

COPENHAGEN, Denmark (AP) — The luxury cruise ship MV Ocean Explorer was “successfully” pulled free in Greenland on Thursday, three days after running aground with 206 people on board, authorities and the ship's owner said.

FRANKFURT, Germany (AP) — The European Central Bank piled on a 10th straight interest rate increase Thursday, pressing forward in its fight against stubbornly high inflation that has been plaguing consumers even as worries grow that higher borrowing