National Business

TORONTO — North American stock markets were all down Tuesday with Canada's main stock index inching lower as oil prices fell on signs of easing geopolitical risks in the Middle East. The S&P/TSX composite index closed down 8.40 points at 16,502.

Canadian Pacific Railway Ltd. announced record second-quarter revenues of nearly $2 billion Tuesday, beating analysts' expectations and sending its stock to an all-time high. Shares of the country's second-largest railroad operator shot up $12.

VANCOUVER — Shares of Turquoise Hill Resources Ltd. closed down more than 43 per cent Tuesday on the Toronto Stock Exchange after it announced delays and cost overruns at a major mine project in Mongolia. The Vancouver-based company, 50.

CALGARY — Encouraging data points are forcing economists to consider upgrading their expectations for weak 2019 economic growth in Alberta as the province continues to recover from the effects of extreme heavy oil price weakness late last year.

FortisBC is considering further expansions to its liquefaction facility on the Fraser River near Vancouver after landing its first term contract to send Canadian LNG to China.

Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (16,502.42, down 8.40 points ). Turquoise Hill Resources Ltd. (TSX:TRQ). Materials. Down 60 cents, or 43.17 per cent, to 79 cents on 14.

An increasing number of homeowners turned to alternative lenders last year, while new mortgage growth reached its slowest pace in more than a quarter of a century amid government interventions aimed at cooling the housing market, according to a new r

PARIS — The No.

WASHINGTON — U.S. industrial production was flat in June, as a slump in utilities was offset by gains in output by factories and mining. The Federal Reserve said Tuesday that manufacturing production increased 0.

NEW YORK — The gravitational pull of Amazon Prime Day is so strong on shoppers it's benefiting other retailers as well, according to an early analysis from a key data group.