National Business

TORONTO — Barrick Gold Corp. says it has initiated the temporary suspension of operations at its Loulo-Gounkoto mining complex in Mali.

Wall Street pointed modestly higher early Tuesday ahead of new data on inflation and the kickoff to earnings season. Futures for the S&P 500 and the Dow Jones Industrial Average each ticked up 0.3% before the bell.

TOKYO (AP) — Asian shares traded mixed Tuesday, echoing Wall Street trading, where gains for oil-and-gas producers helped offset drops for Nvidia and other Big Tech companies. Japan's benchmark Nikkei 225 slipped 1.8% in morning trading to 38,469.

MONTREAL — Cogeco Inc. reported a profit attributable to shareholders of $29.8 million, down 13.7 per cent from $34.5 million a year earlier, as it begins a three-year transformation program in its 2025 fiscal year.

Play Airlines is pulling out of Canada less than two years after entering the market. The discount carrier's schedule shows that starting in late April it will stop its four flights per week from Hamilton, Ont.

TORONTO — New data says Black Friday was the busiest shopping day of the 2024 holiday season in Canada, regaining the top spot after recent years were dominated by pre-Christmas shopping.

TORONTO — Canada's main stock index fell almost one per cent Monday, weighed down by losses in energy, technology and utilities, while U.S. markets were mixed. The S&P/TSX composite index closed down 231.41 points at 24,536.32.

NEW YORK (AP) — U.S. stock indexes were split on Monday as gains for oil-and-gas producers helped offset drops for Nvidia and other Big Tech companies. The S&P 500 rose 0.2% after erasing an earlier fall of 0.9%.

The U.S. benefits just as much as Canada does from the current bilateral trade relationship, argues a new report by economist Jim Stanford. Among the reasons for the equal benefits include Canada being the largest market for U.S.

TORONTO — A new report says the cost of insured damage caused by severe weather last year hit a record high as it totalled more than $8 billion.