National Business

Russian President Vladimir Putin said Thursday that he agrees in principle with a U.S. proposal for a 30-day ceasefire in Ukraine, but the terms need to be worked out, and he emphasized that it should pave the way to lasting peace.

SAULT STE. MARIE, Ont.

MONTREAL — The head of Transat A.T. Inc. says Canadians' appetite for travel remains unsated even as pocketbook worries grow amid a trade war with the United States.

TORONTO — Canada's main stock index fell almost 150 points while U.S. markets were also down in late-morning trading Thursday. The S&P/TSX composite index was down 146.50 points at 24,276.84.

WASHINGTON (AP) — U.S. wholesale inflation decelerated last month, suggesting that price pressures are easing for now. But the progress may not last as President Trump intensifies his trade wars .

BRUSSELS (AP) — Belgian federal prosecutors on Thursday announced the arrests of several people in a corruption probe linked to the European Parliament and the Chinese company Huawei, which is suspected of bribing EU lawmakers.

TORONTO — Cohere Inc. says it has released a new enterprise generative artificial intelligence model that is "on par or better than" GPT-4o and DeepSeek-V3.

Empire Co. Ltd.'s CEO says the grocer is seeing sales of products from the U.S. "rapidly dropping" as shoppers look to support the Canadian economy and avoid the potential effects of tariffs.

MONTREAL — AtkinsRéalis Group Inc. announced the sale of its remaining stake in Ontario’s 407 toll highway operator in a $2.79-billion deal that caps off the company's push to become a pure-play engineering firm.

Having an investment portfolio chock full of dividend-paying stocks can provide an income boost, but experts say it's possible to have too much of a good thing.