National Business

NEW YORK (AP) — A former Fox executive was convicted Thursday of paying tens of millions of dollars in bribes to nab broadcasting rights to the World Cup and other top soccer matches. A second ex-executive was acquitted.

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (20,086.72, down 259.81): Teck Resources Ltd. (TSX:TECK.B). Materials. Down $1.72, or 3.18 per cent, to $52.35 on 18.7 million shares.

WASHINGTON — U.S. President Joe Biden will travel to Ottawa on March 23 to meet with Prime Minister Justin Trudeau on Canadian soil, his first visit north of the border since taking the oath of office in 2021.

KYIV, Ukraine (AP) — A barrage of more than 80 Russian missiles and a smaller number of exploding drones hit residential buildings and critical infrastructure across Ukraine on Thursday, killing six people and leaving hundreds of thousands without he

TORONTO — Canada's main stock index fell more than one per cent Thursday with weakness in financials, industrials and telecom helping bring the market down. The S&P/TSX composite index was down 259.81 points at 20,086.72.

MONTREAL — The head of Transat AT Inc. says travel demand is poised to reach heights comparable with 2019, even as higher airfares and the threat of recession risk dampening customers' enthusiasm.

MONTREAL — The head of WSP Global Inc. says it aims to keep growing apace following the latest spate of acquisitions, as he looks to vault it into the same competitive arena as the world's largest professional services firms.

NEW YORK (AP) — Stocks sank broadly on Wall Street, worsening their losses for the week, as markets remain anxious about the prospect of more aggressive action by the Federal Reserve to fight inflation with higher interest rates.

OTTAWA — Canada faces its own set of economic challenges and its central bank is setting interest rates accordingly, Carolyn Rogers said as the Bank of Canada and U.S. Federal Reserve appear to be charting different paths.

TORONTO — Canadian credit card debt soared in the last three months of 2022 amid rising interest rates and stubbornly high inflation with younger Canadians in particular relying on credit to make ends meet.