National Business

TORONTO — Major North American markets advanced Tuesday on positive news regarding China-U.S. talks and the American debt ceiling. The S&P/TSX composite index rose 53.80 points to 16,572.68.

Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (16,572.68, up 53.80 points). Nemaska Lithium Inc. (TSX:NMX). Materials. Down 4.5 cents, or 12 per cent, to 33 cents on 7.5 million shares.

MONTREAL — Canadian National Railway Co. generated its highest ever quarterly revenue and adjusted earnings per share, driven by sharp increases in crude-by-rail and container traffic.

MONTREAL — Air Canada says it is resuming daily flights to northern India in the coming months as tensions with Pakistan continue to ease following a standoff between the two nuclear powers earlier this year.

A meat industry association has demanded the Weather Network remove a video from its website that urges Canadians to consume less red meat, the latest front in the farmers' fight against negative publicity for animal products amid a consumer push tow

CALGARY — The Canadian oilfield services sector is expected to continue to suffer as it enters the summer drilling season despite recent developments such as the approval of the Trans Mountain pipeline expansion and the election of a conservative gov

TORONTO — The chief executive of Rogers Communications Inc. said Tuesday that a major change in wireless billing strategy is surpassing internal expectations, although overall subscriber additions in the second quarter missed analyst estimates.

ATLANTIC CITY, N.J. — There she is. Here she isn't. Miss America is leaving Atlantic City for the second time, trading one casino town for another.

MONTREAL — Transat A.T. Inc. chief executive Jean-Marc Eustache stands to make more than $17 million from the sale of the tour operator he co-founded. The 71-year-old chairman's stake, which sits at about one per cent, adds up to more than $5.

MONTREAL — Private equity firm BC Partners touted on Tuesday its $5.2-billion deal to buy a majority stake in Montreal-based GardaWorld as the largest private buyout in Canadian history.