National Business

JAKARTA, Indonesia (AP) — Indonesia said Thursday it will lift a monthlong ban on palm oil export, citing improvements in the supply and domestic price of bulk cooking oil. President Joko Widodo said exports will resume on Monday.

CAMBRIDGE, ONT. — ATS Automation Tooling Systems Inc. reported a quarterly profit of $39.9 million, up from $23.8 million a year earlier, as its revenue rose 50 per cent.

TOKYO (AP) — Shares dropped sharply in Asia on Thursday after a broad retreat on Wall Street triggered by dismal results from major retailer Target that renewed worries over the impact of high inflation.

KYIV, Ukraine (AP) — Nearly 1,000 last-ditch Ukrainian fighters who had held out inside Mariupol's pulverized steel plant have surrendered, Russia said Wednesday, as the battle that turned the city into a worldwide symbol of defiance and suffering dr

WATERLOO, ONTARIO — BlackBerry Ltd. is forecasting that revenues will nearly double over the next five years with growth from internet of things (IoT) outpacing cybersecurity. The Waterloo, Ont.-based company, which reports in U.S.

OTTAWA — A three-year Chinese ban on Canadian canola has come to an end, according to the federal government.

CALGARY — Winnipeg's Barry Prentice was in his 20s when the spiralling inflation of the 1970s followed by double-digit interest rates in the early 1980s put home ownership completely out of reach for him and many of his friends.

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,101.38, down 389.63 points.) Manulife Financial Corp. (TSX:MFC). Financials. Down 31 cents, or 1.3 per cent, to $22.73 on 22.

TORONTO — A sea of red swamped North American stock markets midweek as higher-than-expected inflation in Canada and cost pressures on large U.S. retailers soured sentiment and drove Canada's main stock index down by nearly 400 points.

In what was essentially a public debut on Wednesday, leaders of the new Warner Bros. Discovery portrayed the media giant as effectively a fifth U.S. broadcast television network, with even bigger aspirations.