National Business

LONDON (AP) — The British economy stagnated in the final three months of last year as the country struggled under the weight of a cost-of-living crisis that is squeezing household budgets, crimping business investment and fueling labor unrest .

BRUSSELS (AP) — President Volodymyr Zelenskyy asked his Western allies Thursday for more weapons and said “a Ukraine that is winning” its war with Russia should become a member of the European Union, arguing the bloc won’t be complete without it.

Aurora Cannabis Inc. announced Thursday that it has completed a transformation plan delivering $340 million in annualized savings since February 2020, but said it still incurred a $67.2 million net loss in its most recent quarter.

A cybersecurity incident that knocked Indigo Books & Music Inc.'s website and electronic payment systems offline is the latest in a string of cyberattacks experts say are increasingly targeting Canadian businesses.

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (20,597.75, down 81.79): Suncor Energy Inc. (TSX:SU). Energy. Down 22 cents, or 0.5 per cent, to $44.46 on 10.3 million shares.

TORONTO — Falling commodity prices and mixed corporate earnings helped push down Canada's main stock index Thursday, while U.S. stock markets also fell.

MONTREAL — Saputo Inc. says its earnings for the latest quarter were $179 million, more than double its $86 million a year earlier as the company says it expects its earnings for the full fiscal year to make a meaningful recovery.

CALGARY — Scotiabank is warning that the Alberta government's plan to give oil companies a royalty credit for cleaning up their old wells could damage the reputation of Canada's oil and gas industry.

Canopy Growth Corp. will lay off 800 workers as part of a transformation plan that will see the company close a former Hershey chocolate plant it tookover and consolidate some of its cultivation operations. The Smiths Falls, Ont.

NEW YORK (AP) — Stocks closed lower following another mixed batch of profit reports from companies, as rising yields in the bond market raise the pressure on Wall Street. The S&P 500 fell 0.