National Business

CALGARY — Canadian exports of crude oil by rail plunged by 63 per cent in May compared with April as North American fuel demand dropped due to measures taken to control the COVID-19 pandemic.

LONDON — Britain’s government announced Wednesday that it will open a new special pathway to obtaining U.K. citizenship for up to 3 million eligible Hong Kongers as of January, taking another step toward solidifying a policy denounced by China.

Workplace chatting service Slack has filed a complaint in the European Union against Microsoft, accusing the software company of anti-competitive behaviour .

STELLARTON, N.S. — Empire Company Ltd. plans to spend $2.

OTTAWA — The country's inflation barometer turned positive last month after two months of deflation as the consumer price index increased by 0.7 per cent in June compared to a year earlier, Statistics Canada reported Wednesday.

Canadian Pacific Railway Ltd. is forecasting adjusted earnings growth in 2020 despite a sharp drop in profits in the second quarter.

BERLIN — Two more former executives at bankrupt German payment company Wirecard were arrested on Wednesday in the fraud scandal that brought down the one-time tech star and its former CEO was taken back into custody after the case against him was exp

OTTAWA — Canada's national annual inflation rate was 0.7 per cent in June, Statistics Canada says.

OTTAWA — Canada's national annual inflation rate was 0.7 per cent in June, Statistics Canada says. Here's what happened in the provinces (previous month in brackets): — Newfoundland and Labrador: 0.1 per cent (-1.3) — Prince Edward Island: -0.

BALTIMORE — Americans stepped up their home purchases in June by a robust 20.7% after the pandemic had caused sales to crater in the prior three months.