National Business

Oil companies brought in staggering profits once again as people worldwide struggled with high gasoline and energy prices. Exxon Mobil broke records with its profits in the third quarter, raking in $19.66 billion in net income.

OVIEDO, Spain (AP) — A Polish human rights activist, a celebrated Mexican archaeologist and a Japanese architect were among the winners of prestigious Spanish awards who were honored Friday at a royal gala.

CALGARY — Imperial Oil Ltd. announced Friday that it is raising its quarterly dividend by nearly 30 per cent and also plans to buy back up to $1.

TOKYO (AP) — Japan’s Cabinet approved Friday a hefty economic package including 29 trillion yen ($200 billion) in government spending to counter the blow to household budgets from inflation, signaling that the greater concern of its policymakers is t

WASHINGTON (AP) — A measure of inflation that is closely monitored by the Federal Reserve remained painfully high last month, the latest sign that prices for most goods and services in the United States are still rising steadily .

OTTAWA — The Canadian economy edged slightlyhigher in August and initial estimates pointed to growth continued in September as worries of an impending recession grow. Statistics Canada said Friday real growth domestic product gained 0.

OTTAWA — The federal government posted a surplus of $3.9 billion for the first five months of its 2022-23 fiscal year.

ST. JOHN'S, N.L. — Fortis Inc. reported its third-quarter profit rose compared with a year ago as its revenue also grew.

SAN FRANCISCO — Elon Musk has taken control of Twitter and ousted the CEO, chief financial officer and the company’s top lawyer, two people familiar with the deal said Thursday night.

MONTREAL — Cogeco Communications Inc. says its net profit in the fourth quarter rose 9.1 per cent to $104.9 million on a boost in revenue. The Montreal-based company says profit attributable to shareholders was the equivalent of $2.