National Business

For as long as he remembers, Aidan D’Souza says his mother has helped him ensure that he’s making smart money decisions. At roughly 10 years old, D’Souza said his mother advised him not to spend all his money on candy and frivolous gadgets.

TORONTO — George Weston Ltd. raised its dividend as it reported its first-quarter profit and revenue rose compared with a year ago. The company, which holds large stakes in Loblaw Companies Ltd.

DUBAI, United Arab Emirates (AP) — Oil giant Saudi Aramco reported a first-quarter profit on Tuesday of $31.88 billion, down nearly 20% from the same period last year as energy prices have sunk over global recession concerns.

BEIJING (AP) — Chinese exports grew 8.5% in April, showing more unexpected strength despite weakening global demand, customs data showed Tuesday. Exports grew to $295.

CALGARY — Suncor Energy Inc. says it earned $2.05 billion in the first quarter of 2023, down from $2.95 billion in the same quarter of 2022.

CALGARY — Oil and gas producers in Alberta are temporarily shutting in production as wildfires rage across the energy-producing province.

TORONTO — Sleep Country Canada Holdings Inc. says its earnings for the first quarter were $11.3 million, down 38.5 per cent from $18.4 million a year earlier. The Toronto-based company says revenues were $206.5 million, largely unchanged from $207.

President Joe Biden said Monday his administration will write new regulations that will require airlines to compensate air travelers and cover their meals and hotel rooms if they are stranded for reasons within the airline's control.

TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (20,585.15, up 43.12): Tourmaline Oil Corp. (TSX:TOU). Energy. Down 75 cents, or 1.28 per cent, to $57.73 on 16.9 million shares.

TORONTO — Canada's main stock index edged higher Monday led by gains in technology and battery metals, while U.S. markets were mixed.