National Business

TORONTO — TD Bank Group is accelerating its international investment banking growth with a deal to buy New York-based Cowen Inc. for US$1.3 billion in cash.

TORONTO — When Shannon Tebb listed her downtown Toronto loft for sale in mid-June, she did everything to make the property attractive for buyers.

TORONTO — Urbanation Inc. expects almost 10,000 Greater Toronto Area condo units to be delayed this year as increasing mortgage rates weigh on home sales.

TORONTO — Lundin Mining Corp. has confirmed that a sinkhole was detected near its Minera Ojos del Salado operations in Chile on July 30.

WASHINGTON (AP) — American employers posted fewer job openings in June as the economy contends with raging inflation and rising interest rates. Job openings fell to a still-high 10.7 million in June from 11.

EDMONTON — Capital Power Corp. reported a strong jump in profit in the second quarter and has increased its financial guidance for 2022.

MONTREAL — Molson Coors Beverage Co. saw profit fall in the second quarter as it generated net sales growth for the fifth consecutive quarter for the first time in over a decade on a constant currency basis.

VANCOUVER — It's been a scorching summer across much of Canada, but that is cold comfort for ice cream truck operators like Meedo Falou, who says inflation and high fuel costs are melting away his profits.

Tiger Woods turned down an offer that Greg Norman says was "somewhere in that neighborhood” of $700 million to $800 million to take part in the Saudi-funded LIV Golf series.

KYIV, Ukraine (AP) — The first ship carrying Ukrainian grain set out Monday from the port of Odesa under an internationally brokered deal to unblock the embattled country's agricultural exports and ease the growing global food crisis.