National Business

CALGARY — Whitecap Resources Inc., weeks away from closing a $15-billion combination with fellow western Canadian oil and gas producer Veren Inc., has reported a jump in first-quarter profits, revenues and production.

The chief executive of mining giant Teck Resources Ltd. says the threat of a global economic downturn may be looming, but he's expecting the volatility to drive up demand for the copper and zinc it produces.

TORONTO — Fewer Canadians are considering buying an electric vehicle, marking the third year in a row interest has dropped despite lower EV prices, a survey from AutoTrader shows.

TORONTO — Shipping and logistics company UPS has signed a deal to buy Andlauer Healthcare Group Inc. in a deal that values the company at about $2.2 billion. AHG specializes in transportation and logistics for the health-care sector.

BANGKOK (AP) — China on Thursday denied any suggestion that it was in active negotiations with the administration of U.S.

Chocolate maker Lindt & Sprüngli says it's increasing its stockpiles of product in Canada amid uncertainty over the unfolding tariff situation with the U.S.

CALGARY — The snow has only just melted in Calgary, but strawberries, eggplants, several kinds of tomatoes and even Meyer lemons are growing behind Donna Balzer's bungalow.

U.S. applications for jobless benefits rose modestly last week as business continue to retain workers despite fears of a possible economic downturn.

OTTAWA — A forecast from the Canadian Federation of Independent Business estimates the economy saw muted growth in the first three months of the year and predicts a significant contraction for the second quarter.

WASHINGTON (AP) — The head of the International Monetary Fund urged countries to move “swiftly’’ to resolve trade disputes that threaten global economic growth.