National Business

NEW YORK (AP) — Stocks closed modestly higher on Wall Street, while bond markets around the world felt pain after a surprise move from Japan’s central bank cranked the pressure even higher on the already slowing global economy.

Retail spending in Canada showed early signs of a slowdown just as the holiday shopping season ramped up this fall, according to new figures from Statistics Canada released Tuesday.

TORONTO — Shares of Iamgold Corp. soared more than 20 per cent after it signed deals to sell the company's interests in exploration and development projects in Senegal, Mali and Guinea to Managem for US$282 million.

MONTREAL — While enrolled in university, Eloho Orogun was approached on campus to apply for a $500 student credit card, advertised as a means to improve his credit score.

TORONTO — Magna International Inc. has signed a deal to buy Veoneer's active safety business from investment firm SSW Partners for US$1.525 billion in cash.

The Bank of Japan broadened caps for government bond yields, a surprise move that pushed bond yields higher globally and dinged stocks in Asia.

CALGARY — Imperial Oil Ltd. is planning $1.7 billion in capital spending for next year.

Amazon has agreed to make major changes to its business practices to settle antitrust investigations that found the ecommerce giant gave itself an unfair advantage over rival merchants, European Union regulators said Tuesday.

TORONTO — The new president of Canada's largest private-sector union is looking to pave a new path heading into 2023 after a year filled with economic uncertainty and worker strikes, all on top of a months-long scandal that shook members' trust.

More companies are offering or boosting coverage for fertility treatments as they fill a void left by Canada's health-care system, which provides limited coverage in most of the country for people trying to have a baby.