National Business

Getting trapped in a perpetual cycle of debt with seemingly no way out is one of the most stressful situations life can throw at you.

BRAMPTON — MDA Space Ltd. is increasing its takeover offer for SatixFy Communications Ltd. after the Israeli company received a rival bid.

VANCOUVER — TotalEnergies has signed a deal to buy two million tons per year of liquefied natural gas for 20 years from the proposed Ksi Lisims LNG project on the north coast of B.C.

BRUSSELS (AP) — The European Union on Tuesday agreed to impose fresh sanctions on Russia, notably targeting almost 200 ships from the shadow fleet illicitly transporting oil to skirt Western restrictions put in place over Moscow's war in Ukraine.

MELBOURNE, Australia (AP) — Australia’s central bank on Tuesday reduced its benchmark interest rate by a quarter percentage for a second time this year, to 3.85% after inflation fell within a target range.

MONTREAL — Importers are warning that the launch of a new online payment regime this week will cause financial headaches and logistical snarls for shippers bringing goods into Canada.

NEW YORK (AP) — U.S. stocks, bonds and the value of the U.S. dollar drifted following the latest reminder that the U.S government seems to be hurtling toward an unsustainable mountain of debt. The S&P 500 edged up 0.

Canada has filed its preliminary roster for next month's CONCACAF Gold Cup, a 60-man list that will be reduced to a final squad of 23 to 26 players by June 4.

LONDON (AP) — Britain’s government said Monday it has struck new agreements with the European Union on boosting defense cooperation, easing food trade and border checks.

The May long weekend marks the unofficial start of cottage season for many Canadians, but a new report says some looking to buy a vacation home of their own are holding back until economic tensions settle.