National Business

FRANKFURT — Daimler AG on Wednesday unveiled the new version of its Mercedes-Benz S-Class luxury sedan, the company's most important model and one it hopes will generate fat profits to help the Stuttgart-based automaker through the COVID-19 recession

CALGARY — Keyera Corp. says president and chief commercial officer Dean Setoguchi will become its next chief executive after David Smith retires from the job at the end of the year.

WASHINGTON — Pressed by Democrats to quickly negotiate a new coronavirus relief package, Treasury Secretary Steven Mnuchin said Tuesday the administration remains willing to work on a bipartisan agreement to help small businesses, the unemployed, chi

More than 50 Black former McDonald’s franchise owners are suing the burger chain, saying the company steered them to less-profitable restaurants and didn’t give them the same support and opportunities given white franchisees.

Toronto-Dominion says former Conservative interim leader Rona Ambrose is joining the bank this month as deputy chairwoman of TD Securities.

WestJet Airlines Ltd. is raising its surcharges on domestic flights in response to a 30 per cent rate increase by Nav Canada, which operates air navigation across the country.

CALGARY — PetroChina Canada Inc. says it will be hiring engineers and technical specialists as it creates a new operating team after the end of an eight-year partnership in an Alberta oilfield. PetroChina and Ovintiv Inc.

CALGARY — Operator Inter Pipeline Ltd. says it has partially shut down its Polaris pipeline system following a leak detected on Crown recreational land just east of the Fort McMurray airport in northern Alberta.

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange ( 16,644.99, up 130.55 points.) Suncor Energy Inc. (TSX:SU). Energy. Up 21 cents, or one per cent, to $21.14 on 12.9 million shares.

LAVAL, Que. — Alimentation Couche-Tard says its net profit surged 44 per cent in its latest quarter despite a big drop in fuel sales at its convenience stores because of COVID-19.