National Business

TORONTO — Martinrea International Inc. says it had net income of $25.5 million for the quarter ending June 30, up from $24 million for the same quarter last year. The automotive parts manufacturer says adjusted net income was also $25.

Canada's main stock index edged higher Monday on a light trading day as investors awaited critical new U.S. inflation data expected later this week. The S&P/TSX composite index was up 49.04 points at 19,669.17.

TORONTO — Barrick Gold Corp. saw its second quarter profit surge almost 20 per cent since last year as it grappled with near 40-year high inflation in Canada. The Toronto-based gold-miner, which keeps its books in U.S.

WASHINGTON — Federal regulators said Monday they are satisfied with changes Boeing has made in the production of its 787 Dreamliner passenger jet, clearing the way for the company to resume deliveries to airline customers “in the coming days.

Delayed and cancelled flights are a reality this summer amid surging demand for travel, so customers should know whether they can expect compensation from airlines under federal regulations.

CALGARY — Cenovus Energy Inc. has signed a US$300-million deal that it says marks another step forward in its long-term strategy to integrate its heavy oil production with refining capability.

Saskatoon-based fertilizer giant Nutrien Ltd. has named Ken Seitz president and CEO following a months-long global talent search.

MONTREAL — Less than four hours before departure, Ryan Farrell was surprised to learn his flight from Yellowknife to Calgary had been cancelled.

TORONTO — Unifor members from across Canada are gathering in Toronto this week to elect the union's next leader, several months after former national president Jerry Dias stepped down.

NEW YORK (AP) — The stylized action romp “Bullet Train," starring Brad Pitt, arrived with a $30.1 million opening weekend, according to studio estimates Sunday, as the last big movie of Hollywood's summer recovery landed in theaters.