National Business

FRANKFURT, Germany (AP) — The inflation that has squeezed European shoppers fell more than expected in March to 2.4%, as cost spikes in the grocery aisle eased and overall price rises headed down in the two biggest economies, Germany and France.

CALGARY — Persistent drought conditions are poised to challenge natural gas producers even as they aim to ramp up in anticipation of Canada's first liquefied natural gas export terminal opening, a new report warns.

VANCOUVER — West Fraser Timber Co. and Mercer International Inc. are dissolving their 50/50 joint venture in Cariboo Pulp and Paper. Vancouver-based West Fraser will be the sole owner and operator of the mill.

TORONTO — Bell Media president Sean Cohan says recent layoffs and programming cuts are something he doesn’t take lightly, but were necessary to accelerate the company’s goals in the digital media landscape.

Montreal-based electric snowmobile manufacturer Taiga Motors says it is pausing production and temporarily laying off around 70 workers.

DETROIT (AP) — Tesla sales fell sharply last quarter as competition increased worldwide, electric vehicle sales growth slowed, and price cuts failed to lure more buyers.

TORONTO — Some of the most active companies traded Tuesdayon the Toronto Stock Exchange: Toronto Stock Exchange (22,075.10, down 110.15 points): TC Energy Corp. (TSX:TRP). Energy. Down 35 cents, or 0.64 per cent, to $54.30 on 21.7 million shares.

TORONTO — Shares of some of Canada's big telecommunications companies fell as BMO Capital Markets cut its share price targets for several names in the sector. The firm also lowered its ratings on both BCE Inc. and Quebecor Inc.

TORONTO — Canada's main stock index declined more than 100 points on Tuesday as losses in financial, industrial and telecom stocks outweighed strength in energy and base metals, while U.S. stock markets also fell.

NEW YORK (AP) — Although a private browsing mode known as “Incognito" in Google's widely used Chrome browser has been available for nearly a decade, a legal settlement involving the way it works has cast new attention on this commonly available setti