National Business

CALGARY — North American markets rallied Wednesday against the backdrop of another day of strong corporate earnings as well as easing investor anxiety about U.S.-China relations. The S&P/TSX composite index closed up 40.61 points at 19,545.94.

LOS ANGELES (AP) — Dr. Meredith Grey will be cutting back her workload on “Grey's Anatomy.

VANCOUVER — The Real Estate Board of Greater Vancouver says last month's home sales were down a whopping 43 per cent from last July and 23 per cent from this past June. Sales in the region totalled 1,887 last month and were 35.

WINNIPEG — Global supply chain constraints, inflation and restructuring costs put pressure on NFI Group Inc.'s second quarter earnings, but the company said Wednesday that the outlook is improving.

Dye & Durham says it is considering its options after the United Kingdom's competition regulator said the company must sell a 2021 acquisition due to competition concerns.

NEW YORK — Tilray Brands Inc. says its wellness division has signed a distribution agreement with Southern Glazer’s Wine & Spirits.

The OPEC oil cartel and its allies decided Wednesday to boost production in September by a much slower pace than in previous months at a time of high gasoline prices and unstable energy supplies exacerbated by the war Russia has waged on Ukraine .

VAUGHAN, Ont. — The company behind Harvey's, Swiss Chalet and other restaurant franchises says it saw a 55.4 per cent jump in system sales in the second quarter compared with last year as customers returned to in-restaurant dining.

TORONTO — Brookfield Infrastructure Partners LP reported strong second quarter results as funds from operations (FFO) jumped 30 per cent compared with the same quarter last year.

TORONTO — It's hard to miss the smattering of cannabis store signs aiming to lure in customers with deep discounts and flashy membership programs along the stretch of Front Street East leading to Toronto's St. Lawrence Market.