National Business

TORONTO — Energy and infrastructure technology company Shawcor Ltd. is changing its name and launching a strategic review that could result in the sale of its pipeline and oilfield asset management divisions.

CAPE CANAVERAL, Fla. (AP) — A rocket crashed back to Earth shortly after liftoff Monday in the first launch accident for Jeff Bezos’ space travel company, but the capsule carrying experiments managed to parachute to safety.

WINNIPEG — Skip The Dishes says it has laid off approximately 350 workers based in Winnipeg.

CALGARY — Tamarack Valley Energy Ltd. is buying Deltastream Energy Corp. for $1.425 billion, a move that Tamarack says solidifies its position as the largest producer in northern Alberta's Clearwater heavy oil play.

OTTAWA — Statistics Canada says the amount Canadians owe relative to their income moved higher in the second quarter as the level of debt grew faster than their earnings.

BERLIN (AP) — German Chancellor Olaf Scholz made clear Monday that he doesn't expect an agreement with Iran in the immediate future to restore Tehran's tattered nuclear deal with world powers, though he said there's no reason for Iran not to sign up

STOCKHOLM (AP) — Near final results in Sweden's election Sunday show that a bloc of right-wing parties was expected to defeat a left-wing bloc headed by Prime Minister Magdalena Andersson.

LOS ANGELES (AP) — The horror film “Barbarian” won the weekend by bringing in $10 million, according to studio estimates Sunday, as the late-summer doldrums at the box office continued.

TORONTO — Five things to watch for in the Canadian business world in the coming week: Economic data Statistics Canada will release its national balance sheet and financial flow accounts figures, which includes a reading on household debt, for the sec

TORONTO — Canada's technology industry says flaring tensions between China and Taiwan are reminding companies how important it is to seek a broader range of sources for semiconductors — and to invest in the sector.