National Business

VANCOUVER — Shares of Lululemon Athletica Inc. climbed more than 10 per cent in early trading after the company reported its net revenue for its fourth quarter rose 30 per cent compared with a year ago. Shares in the retailer were up US$46.

TORONTO — Khadija Waseem loves tea and coffee, so when she told colleagues she was savouring her last cup ahead of the start of Ramadan's fasting period last week, they were quick to tease her.

TORONTO — Experts say the Canadian presence of American retail giants such as Walmart and Costco isn't likely to blame for rising grocery prices.

MONTREAL — Flair Airlines said this week that it has reimbursed almost all 1,900 passengers whose flights were cancelled after the seizure of four of the carrier's planes earlier this month

OTTAWA — The federal government is moving to raise the minimum tax rate paid by wealthy Canadians in the budget and narrowing its focus on the highest earners.

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (19,657.53, up 32.79): TC Energy Corp. (TSX:TRP). Energy. Up 18 cents, or 0.34 per cent, to $52.62 on 20 million shares.

TORONTO — Canada's main stock index eked out a small gain Tuesday thanks to strength in the energy sector, while U.S. markets were slightly down. The S&P/TSX composite index was up 32.79 points at 19,657.53.

NEW YORK (AP) — Weakness for some Big Tech stocks tugged Wall Street a bit lower, but the market overall was mixed and regaining some stability at the tail end of what’s been a turmoil-filled month. The S&P 500 fell 0.2% Tuesday.

WASHINGTON (AP) — The Federal Reserve’s bank supervisors warned Silicon Valley Bank’s management as early as the fall of 2021 of risks stemming from its unusual business model, a top Fed official said Tuesday, but its managers failed to take the step

PARIS (AP) — Bolstered French police forces clashed with demonstrators in numerous cities Tuesday as hundred of thousands of marchers protested President Emmanuel Macron's unpopular retirement reform.