National Business

TORONTO — Transit company Keolis North America says it has signed a deal that will see the company double the size of its Canadian operations.

TORONTO — The Canada Pension Plan Investment Board is investing about $811 million for a 20 per cent stake in European company Team.blue, which helps simplify online business for entrepreneurs and small businesses. The transaction values Team.

WASHINGTON (AP) — Federal Reserve Chair Jerome Powell on Wednesday reinforced a message that the Fed is paying growing attention to a slowing job market and not only to taming inflation, a shift that signals it's likely to begin cutting interest rate

CAPE CANAVERAL, Fla. (AP) — Two astronauts who should have been back on Earth weeks ago said Wednesday that they’re confident that Boeing’s space capsule can return them safely, despite breakdowns.

The Canadian Chamber of Commerce has named Candace Laing its new president and CEO, effective Sept. 1.

BEIJING (AP) — China’s Commerce Ministry announced Wednesday it will launch an investigation into whether unfair trade practices were adopted by the European Union in its probe of Chinese companies.

TORONTO — A shareholder advocacy group is calling out Canada's property insurers for their support of the fossil fuel industry while also raising premiums because of climate-related disasters.

OTTAWA — An Israeli defence contractor is taking the Canadian government to court after the company says it was taken out of the running for a multimillion-dollar military equipment contract without explanation. Elbit Security Systems Ltd.

Efforts are underway to combat growing rat populations in two of Ontario's largest cities, as the rodents that typically lurk underground become more visible thanks to a combination of construction and climate change.

A prominent Alberta company has agreed to pay $3 million in fines for misleading the province's utilities watchdog about its costs in two separate projects.