National Business

Disney will build its seventh theme park, this one in the United Arab Emirates, the entertainment company said Wednesday.

MONTREAL — New rules on tipping and on price displays at grocery retailers are in effect as of today across Quebec.

TORONTO — Canada's main stock index was up more than 100 points in late-morning trading, helped by strength in the utility sector, while U.S. stock markets were mixed. The S&P/TSX composite index was up 101.44 points at 25,076.16.

A licensed baby eel fisher says he's been sending evidence to the federal Fisheries Department of illegal fishing on a Nova Scotia river, but he says Ottawa is not acting.

Disney posted solid profits and revenue in the second quarter as its domestic theme parks thrived and the company added well over a million subscribers to its streaming service . The company also boosted its profit expectations for the year.

MONTREAL — The number of homes that changed hands in the Montreal-area rose in April compared with the same month a year ago, despite other major Canadian cities seeing home sales decrease amid uncertainty over the economy.

OTTAWA — U.S. Ambassador to Canada Pete Hoekstra will make his first official appearance at the B7 Summit in Ottawa next week.

NEW YORK (AP) — Stocks are opening higher on Wall Street as China steps up measures to shore up its economy and agrees to trade talks with the U.S. The S&P 500 index rose 0.3% in early trading Wednesday.

Disney’s posted solid profits and revenue in the second quarter as its domestic theme parks thrived and the company added well over a million subscribers to its streaming service. For the three months ended March 30, Disney earned $3.

CALGARY — TransAlta Corp. reported its first-quarter profit fell compared with a year ago. The power utility says it earned a profit attributable to common shareholders of $46 million or 15 cents per share for the quarter ended March 31.