National Business

BRUSSELS (AP) — The European Union on Wednesday slapped a $475 million fine on U.S. biotech giant Illumina for buying out cancer-screening company Grail without the approval of the 27-nation bloc's antitrust watchdog, the latest setback for the deal.

In late 2021, Tressa Mitchell was dealing with doctor's appointments for her ailing mother when she got a call from the Canada Revenue Agency seeking information to verify her eligibility for the Canada Emergency Response Benefit.

Labour Minister Seamus O'Regan has given a federal mediator 24 hours to send him recommended terms to end the British Columbia port strike that has snarled cargo in about 30 ports and spurred fears of supply chain chaos across Canada.

LAS VEGAS (AP) — A man was arrested and a woman described as his hostage was released unharmed Tuesday after an hourslong standoff in a room at the Caesars Palace resort on the Las Vegas Strip, police said.

VANCOUVER — Canadian liquefied natural gas projects looking to fill gaps in the global market left by the absence of Russian gas may run into more challenging conditions than expected, industry experts have told a global conference in Vancouver.

DRUMHELLER, Alta.

A federal judge has handed Microsoft a major victory by declining to block its looming $69 billion takeover of video game company Activision Blizzard. Regulators sought to ax the deal saying it will hurt competition. U.S.

MONTREAL — Laurentian Bank says its leadership team is conducting a review of the company's strategic options to maximize shareholder value.

OTTAWA — The federal government needs to extend the deadline for small businesses to repay pandemic loans, the New Democrats and a national association representing small businesses said this week.

VANCOUVER — Aritzia Inc. saw its net income for the first quarter fall to $17.5 million, almost half of its net income of $33.3 million a year earlier, amid inflationary headwinds and economic pressures on shoppers.