National Business

GATINEAU — The Competition Bureau says Schlumberger Ltd. has agreed to sell a subsidiary of ChampionX Corp. as part of its deal to buy the oilfield services company.

WASHINGTON (AP) — President Donald Trump says he has finally found a way to achieve his goal of removing Federal Reserve Chair Jerome Powell, accusing him of mismanaging the U.S. central bank’s $2.5 billion renovation project.

Cogeco Inc. has launched its long-awaited wireless service in Canada, saying it plans to compete with other carriers in the market by targeting "low-to-mid data users.

WASHINGTON (AP) — U.S. wholesale inflation cooled last month, despite worries that President Donald Trump’s tariffs would push prices higher for goods before they reach consumers.

OTTAWA — Canada Mortgage and Housing Corp. says the annual pace of housing starts in June edged up 0.4 per cent compared to May.

TORONTO — Ontario should rejig its programs meant to support auto businesses through the impact of tariffs and associated economic uncertainty, as the way they're currently structured is leaving small businesses in the lurch, an advocacy group says i

RICHMOND — RCMP say they've arrested the pilot of a small aircraft that was allegedly hijacked from Victoria and flown to Vancouver International Airport, where other flights had to be temporarily halted. RCMP in Richmond, B.C.

WASHINGTON (AP) — President Donald Trump told reporters Tuesday that he plans to place tariffs of over 10% on smaller countries, including nations in Africa and the Caribbean.

HALIFAX — Via Rail wants to use refurbished rail cars to improve service between Halifax and Montreal, but the CEO of the Crown corporation can't say whether doing so will increase the frequency of trains on the line.

McDonald's Canada announces Annemarie Swijtink as its new CEO. Swijtink is currently the managing director of McDonald's Netherlands and has held the position since June 2022.