National Business

Claire’s Stores Canada Corp. is considering liquidating its shops as it begins seeking reprieve from creditors, including landlords who have locked out the business.

TORONTO — The Greater Toronto Area real estate market saw its hottest July since the pandemic, marking a turnaround from previous months when buyers held back while waiting for the economy to improve.

Suncor Energy Inc. managed to squeeze more oil out of its operations in the second quarter while also completing multiple major projects, but its earnings couldn't escape lower global oil prices. The oilsands producer posted a profit of $1.

TORONTO — Thomson Reuters says its second-quarter net earnings were down from a year ago. The company, which keeps its books in U.S. dollars, reported second-quarter net earnings of US$313 million, down from US$841 million a year ago.

MONTREAL — Air Canada says its Aeroplan loyalty program will change how members earn points next year.

WASHINGTON (AP) — President Donald Trump signed an executive order Wednesday to place an additional 25% tariff on India for its purchases of Russian oil , bringing the combined tariffs imposed by the United States on its ally to 50%.

Tariffs don't appear to be weighing on Shopify Inc. The Ottawa-based purveyor of e-commerce software reported a profit Wednesday of US$906 million in its latest quarter as its revenue grew by 31 per cent.

NEW YORK — Brookfield Asset Management Ltd. reported its second-quarter profit rose compared with a year ago. The alternative asset manager, which keeps its books in U.S.

Disney's profit and revenue climbed in its fiscal third quarter as the entertainment company continued to add subscribers to its streaming service and see strength at its domestic theme parks.

CALGARY — Parkland Corp. says its second-quarter net earnings were up as the fuel refiner prepares for a takeover by U.S. company Sunoco LP.