National Business

FREDERICTON — Prince Edward Island Premier Dennis King is hoping cooler heads prevail and trade continues to flow uninterrupted across the United States-Canada border.

PARIS (AP) — France’s new prime minister François Bayrou, announced Tuesday the renegotiation of a contested plan raising the retirement age from 62 to 64, in a crucial move to seek more stability for his minority government.

The prospect of a career shift is exciting, but transitioning can be a process — sometimes, one that takes longer than expected. Experts say it's important to evaluate your skills and interests before making the leap.

CALGARY — Workers represented by Unifor at Canadian Pacific Kansas City Railway have voted in favour of strike action if their union cannot reach a new deal with the company The union says members voted 99 per cent in support of the strike mandate.

NEW YORK (AP) — U.S. stocks are ticking higher following an encouraging update on inflation. The S&P 500 rose 0.4% in early trading Tuesday. The Dow Jones Industrial Average was up 163 points, and the Nasdaq composite was 0.6% higher.

WASHINGTON (AP) — U.S. wholesale inflation rose last month on higher energy prices. The Labor Department reported Tuesday that its producer price index — which tracks inflation before it hits consumers — rose 0.

WASHINGTON (AP) — U.S. wholesale inflation rose last month on higher energy prices. The Labor Department reported Tuesday that its producer price index — which tracks inflation before it hits consumers — rose 0.

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

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.