National Business

LONDON (AP) — Saudi Arabia's sovereign wealth fund completed a buyout of Premier League club Newcastle on Thursday, giving hope to fans dreaming of a first title in almost a century but concerning human rights activists that the kingdom had gained a

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (20,416.21, up 224.55 points.) The Toronto-Dominion Bank. (TSX:TD). Financials. Down eight cents, or 0.09 per cent, to $85.42 on 7.

CALGARY — TC Energy has signed an agreement with electric vehicle manufacturer Nikola to jointly develop large-scale hydrogen production facilities in the U.S. and Canada.

TORONTO — Canada's main stock index posted its strongest day in more than four months following a temporary truce in the U.S. debt-ceiling standoff that could have resulted in a government default. U.S.

As some Canadians are priced out of larger cities and look to move to smaller communities, insurance experts say homebuyers should be aware that life in a small town can often mean higher home insurance premiums.

TORONTO — Phasing out natural gas generation by 2030 would result in rotating blackouts and higher electricity bills, Ontario's electricity system operator said in a report released Thursday concluding that the move isn't possible on that timeline.

CALGARY — Gasoline prices shattered all-time records in many parts of the country this week, just in time for Canadians to hit the highway for the Thanksgiving long weekend.

MISSISSAUGA, Ont. — Ontario wants to permanently give private cannabis retailers the option of offering delivery and curbside pickup. The proposal is part of a wide-ranging bill introduced in the legislature Thursday aimed at reducing red tape.

MISSISSAUGA, Ont. — Walmart Canada says it plans to hire 12,000 permanent new employees to staff its retail stores, warehouses and delivery trucks. The retailer says its hiring spree will include on-the-spot job interviews across the country on Oct.

MONTREAL — Richelieu Hardware Ltd. says its third-quarter profit rose nearly 40 per cent compared with a year ago as sales also climbed higher. The maker of specialty hardware and other products says profit attributable to shareholders was $38.