National Business

CALGARY — TC Energy Corp. reported its third-quarter profit rose compared with a year ago as its revenue edged higher.

SEOUL, Korea, Republic Of — South Korea’s top court upheld a 17-year prison sentence on former President Lee Myung-bak for a range of corruption crimes in a final ruling Thursday that will send him back to prison soon.

A group representing Canadian insurance companies say it is launching a team that will help small businesses find affordable coverage as rates rise because of the pandemic.

Asian shares declined Thursday and U.S. futures were higher after the S&P 500 slid 3.5% overnight for its biggest drop since June. The selling in U.S.

BOSTON — Federal agencies warned that cybercriminals are unleashing a wave of data-scrambling extortion attempts against the U.S.

CALGARY — Suncor Energy Inc. is reporting a third-quarter operating loss of $302 million or 20 cents per share as revenue fell 34 per cent to $6.5 billion due to lower production and oil prices compared with the same period of 2019.

RAINBOW LAKE, Alta. — Husky Energy is cleaning up after one of its pipelines in northwestern Alberta spilled 900,000 litres of produced water, a byproduct of oil and gas extraction that sometimes contains residual petroleum and chemicals.

Boeing said Wednesday that it will cut 7,000 more jobs as it continues to bleed money during a pandemic that has smothered demand for new airline planes.

TORONTO — Cogeco Inc. has the financial resources to do more acquisitions and service improvements profitably as an independent company, chief executive Phlippe Jette said Thursday.

The head of Sobeys Inc. says the grocer won't follow its Canadian competitors in unilaterally hiking supplier fees, calling the practice "hard to believe and repugnant.