National Business

MONTREAL — Travel company Transat A.T. Inc. reported a first-quarter net loss of $122.5 million, compared with a loss of $61 million in the same quarter last year. The company behind Air Transat says the loss amounted to $3.

BRUSSELS (AP) — Belgian federal prosecutors said Thursday they have arrested several individuals as part of a corruption probe linked to the European Parliament amid reports in local media that Chinese company Huawei bribed EU lawmakers.

STELLARTON, N.S. — Empire Co. Ltd. says it earned a third-quarter profit of $146.1 million as its sales rose during the period.

TORONTO — CIBC says its president and chief executive Victor Dodig is set to retire this fall and will be succeeded by Harry Culham, who has also been appointed chief operating officer effective April 1.

TOKYO (AP) — Canada’s Alimentation Couche-Tard reaffirmed Thursday that it is determined to acquire Seven & i Holdings, although the operator of Japan’s top convenience store chain has rejected its offer .

TOKYO (AP) — Canada’s Alimentation Couche-Tard reaffirmed Thursday that it is determined to acquire Seven & i Holdings, although the operator of Japan’s top convenience store chain has rejected its offer .

BRUSSELS (AP) — Major trade partners swiftly hit back at President Donald Trump’s increased tariffs on aluminum and steel imports, imposing stiff new taxes on U.S products from textiles and water heaters to beef and bourbon.

FREDERICTON — Nearly seven years after the New Brunswick government went to the Supreme Court to prevent the free movement of alcohol across the country, Premier Susan Holt says the tariff war with the United States is forcing the province to rethink

HONOLULU (AP) — In a story published Aug. 14, 2024, The Associated Press reported Wally Amos died of complications from dementia, according to his children.

SAULT STE. MARIE, Ont. — Algoma Steel Group Inc. reported a net loss of $66.5 million in its third and final quarter last year, compared with a loss of $84.8 million a year earlier. The Sault Ste. Marie, Ont.