National Business

CALGARY — Oilsands giant Suncor Energy Inc. has begun a three-month outage at one of its upgraders so it can begin to replace enormous components first installed almost six decades ago.

OTTAWA — U.S. Ambassador to Canada Pete Hoekstra will make his first official appearance in the role at the B7 Summit in Ottawa next week.

Disney posted solid profits and revenue in the second quarter as its domestic theme parks thrived and the company added well over a million subscribers to its streaming service .

Disney will build its seventh theme park, this one in the United Arab Emirates, the entertainment company said Wednesday.

MONTREAL — The number of homes that changed hands in the Montreal-area rose in April compared with the same month a year ago, despite other major Canadian cities seeing home sales decrease amid uncertainty over the economy.

Disney’s posted solid profits and revenue in the second quarter as its domestic theme parks thrived and the company added well over a million subscribers to its streaming service. For the three months ended March 30, Disney earned $3.

BEIJING (AP) — China announced a barrage of measures meant to counter the blow to its economy from U.S. President Donald Trump ’s trade war, as the two sides prepared for talks later this week.

ST. JOHN'S — Fortis Inc. reported its first-quarter profit and revenue rose compared with a year ago. The electric and gas utility says it earned a profit attributable to common equity holders of $499 million or $1.

TORONTO — Barrick Mining Corp. reported its first-quarter profit rose compared with a year ago, helped by higher prices for gold and copper. The mining company, which keeps its books in U.S.

OTTAWA — Senior federal officials have been looking quietly for ways to bring together Canadians who don't see eye to eye on the economy, immigration and social issues.