National Business

TORONTO — A new report estimates nearly two-thirds of businesses globally, including 63 per cent in Canada, have seen an increase in targeted cyberattacks since they switched to widespread remote work. The report from U.S.

NEW YORK (AP) — The Metropolitan Opera reached a tentative agreement Tuesday on a four-year contract with the American Guild of Musical Artists, one of three major labor deals needed for the New York company to resume performances in September.

TORONTO — TMX Group Ltd. is boosting its dividend by 10 per cent after reporting strong first-quarter results stemming from robust capital markets activity.

TORONTO — Kinross Gold Corp. says its net income attributable to shareholders surged in the first quarter due to higher price for the precious metal. The Toronto-based miner says it earned US$149.

VANCOUVER — Aritzia capped a challenging 2020 by sustaining most of its revenue in the fourth quarter thanks to growth in e-commerce sales despite government-mandated store closures. The Vancouver-based clothing retailer says revenues were $267.

DALLAS (AP) — A federal judge dismissed the National Rifle Association’s bankruptcy case Tuesday, leaving the powerful gun-rights group to face a New York state lawsuit that accuses it of financial abuses and aims to put it out of business.

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (19,274.04, down 87.84 points.) Enbridge Inc. (TSX:ENB). Energy. Down 24 cents, or 0.5 per cent, to $48.19 on 24.5 million shares.

Paper Excellence is expanding into the U.S. with a deal to buy Domtar Corp. in an agreement with an enterprise value of about US$3 billion. The Richmond, B.C.

TORONTO — North American stock markets rallied to pare morning losses prompted by worries about rising inflation. The S&P/TSX composite index closed down 87.84 points to 19,274.04 after dropping by as much as 272 points earlier Tuesday.

TORONTO — Royal Bank of Canada and Tangerine ranked highest among Canadian banks this year as overall customer satisfaction among major financial institutions dropped during the pandemic, a prominent market research company reported Tuesday. J.D.