National Business

BEIJING (AP) — Stock markets in London and Tokyo tumbled 2.5% on Thursday and U.S. futures were lower after a jump in American consumer prices fueled worries inflation might drag on an economic recovery.

COLUMBUS, Ohio (AP) — Ohio Gov.

WASHINGTON (AP) — A worrisome bout of inflation struck the U.S. economy in April, with consumer prices for goods and services surging 0.

MONTREAL — WSP Global Inc. is reporting a big increase in net profits in the first quarter despite lower net revenues. The Montreal-based engineering firm says its net earnings attributable to shareholders was $87.

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (19,107.77, down 166.27 points.) Enbridge Inc. (TSX:ENB). Energy. Up 11 cents, or 0.23 per cent, to $48.30 on 12.8 million shares.

A global shortage of computer chips, along with a surge in demand during the pandemic, has driven up prices of home appliances. Guelph, Ont.

TORONTO — North American stock markets closed lower for a third day this week as U.S. inflation numbers raised concerns about central banks increasing interest rates earlier than forecast.

TORONTO — Canada's two largest pipeline companies say they have taken a proactive approach to avoid the type of cyberattack that has disrupted gasoline supplies in the U.S.

CALGARY — The CEO of Cenovus Energy Inc. says he's optimistic that his oil and gas company's second consecutive online annual shareholders meeting webcast on Wednesday will be its last.

CALGARY — In the latest project designed to green the oilsands industry, Wolf Midstream says it will build a facility to strip petroleum liquids from natural gas used in operations near Fort McMurray, Alta.