National Business

TORONTO — Canada's main stock index lost more than one per cent on Wednesday in a broad-based slump and U.S. markets also fell, as stocks took a dramatic turn in the later half of the afternoon.

Gildan Activewear Inc.'s shareholders are intensifying their calls to have the company's former chief executive reinstated by asking for changes to be made to the board too. U.S.

CALGARY — A Calgary carbon capture company has signed a first-of-its-kind carbon offtake agreement with the federal government, a significant milestone that some say could help unlock future private-sector investments in decarbonization projects.

OTTAWA — The odds of another rate hike have decreased, the Bank of Canada's governing council agreed during its discussions ahead of its most recent interest rate decision.

RALEIGH, N.C. (AP) — The builders of a proposed natural gas pipeline that will enter North Carolina from Virginia now have another 2 1/2 years to complete the project after federal regulators pushed back a deadline for the work.

LONDON (AP) — A new monitoring service will help protect tennis players from online abuse and threats, the International Tennis Federation and other governing bodies said Wednesday. In their joint announcement, ITF, U.S.

TORONTO — It's a simple yet important routine for so many Canadians — plugging in their cellphones and smartwatches before bed to ensure they're fully charged in the morning. Increasingly, there's another item to add to the list: the car.

LOS ANGELES (AP) — Sales of previously occupied U.S. homes rose in November, ending a five-month skid, as easing mortgage rates provided some breathing room for homebuyers. Existing home sales rose 0.

MONTREAL — Gildan Activewear Inc.'s largest shareholder is renewing its recent call to reinstate the company's former chief executive. Jarislowsky Fraser Ltd.

CALGARY — Athabasca Oil Corp. and Cenovus Energy Inc. say they will create a new joint venture stand-alone company called Duvernay Energy Corp.