National Business

CALGARY — A new fund launched in November by the Business Development Bank of Canada to help foster the growth of homegrown climate technology has made its largest investment yet.

SYDNEY (AP) — A Qantas flight traveling from New Zealand to Sydney landed safely after it issued a mayday call over the Pacific Ocean on Wednesday. Qantas Flight 144 landed at Sydney Airport from Auckland, New Zealand, after a 3.

MANILA, Philippines (AP) — Nobel Peace Prize winner Maria Ressa and her online news company were cleared Wednesday of tax evasion charges she said were among a slew of legal cases used by former Philippine President Rodrigo Duterte to try to muzzle c

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,457.46, up 67.13): Toronto-Dominion Bank (TSX:TD). Financials. Up 85 cents, or 0.95 per cent, to $89.95 on 10.5 million shares.

VICTORIA — The president and CEO of the Insurance Corporation of B.C. is leaving to take on the same job at BC Ferries. The insurance corporation says in a news release that Nicolas Jimenez has been with them for almost 20 years.

TORONTO — Strength in the energy, utility and industrial sectors helped Canada's main stock post a small gain Tuesday despite weakness in metals, while U.S. markets were mixed. The S&P/TSX composite index was up 67.13 points at 20,457.46.

TORONTO — Food inflation outpaced overall inflation for months, with grocery prices hitting double-digit increases in 2022, and economists say it will take longer to subside than overall inflation.

TORONTO — A lawyer for the former president of the Ontario Public Service Employees Union says allegations of financial improprieties in a lawsuit launched by the union are untrue.

NEW YORK — Major U.S. indexes closed mixed on Wall Street at the beginning of a holiday-shortened, but earnings-heavy week. The S&P 500 fell 0.2% Tuesday and the Nasdaq edged up 0.1%. The Dow Jones Industrial Average fell 1.

MONTREAL — Bombardier is set to beat its own financial results expectations for 2022, the company said Tuesday as it released preliminary results.