National Business

CAIRO (AP) — Two tankers carrying oil products and liquefied natural gas collided in a single-lane stretch of the Suez Canal, briefly disrupting traffic through the global waterway, Egyptian authorities said Wednesday.

OTTAWA — Statistics Canada says retail sales rose 0.1 per cent to $65.9 billion in June, lifted by sales at new car dealers.

TORONTO — Business software company Open Text Corp. has acquired Ireland-based KineMatik, which specializes in business process and project management.

TORONTO — The stationery aisles are expected to be busier this year as parents and students return to in-store shopping when stocking up on back-to-school essentials, though their baskets may be a little less full.

CHARLOTTETOWN — The federal government is examining its approach to immigration as part of a wider look at what is driving Canada's housing crunch and what it can do about it.

The union representing 340,000 UPS workers said Tuesday that its members voted to approve the tentative contract agreement reached last month, putting a final seal on contentious labor negotiations that threatened to disrupt package deliveries for mi

TORONTO — Some of the most active companies traded Tuesdayon the Toronto Stock Exchange: Toronto Stock Exchange (19,691.21, down 93.66 points): Great-West Lifeco Inc. (TSX:GWO). Finance. Down 63 cents, or 1.64 per cent, to $37.78 on 10.

TORONTO — Losses in the financial sector dragged Canada's main stock index lower Tuesday, while U.S. markets were mixed. Rising bond yields in Canada and the U.S.

NEW YORK (AP) — Wall Street drifted to a mixed closed ahead of a couple potentially market-shaking events later in the week. The S&P 500 fell 0.3% Tuesday, coming off a rare August gain that was powered by Big Tech.

ATLANTA — Mather Economics says it has acquired artificial intelligence-driven analytics platform Sophi Inc. from the Globe and Mail.