National Business

MONTREAL — Insolvent beverage retailer DavidsTea Inc. says it will ask its creditors to approve a plan of arrangement next month to distribute about $18 million to creditors in Canada and the U.S.

NEW YORK — Two sporting events last week — the Kentucky Derby and first round of the NFL draft — pulled in more television viewers than the Oscars, something inconceivable only a couple of years ago. The Nielsen company said 14.

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (19,188.03, down 25.13 points.) Suncor Energy Inc. (TSX:SU). Energy. Up one cent, or 0.04 per cent, to $26.94 on 10.8 million shares.

TORONTO — Most North American stock markets fell after a good start to May as the technology sector came under pressure in the United States. Several large U.S. tech giants were lower with Apple Inc. down 3.

CALGARY — Barrick Gold Corp. says a proposal to hand out US$750 million in cash to its shareholders has been approved by those who stand to pocket the outlay of 42 cents per share.

CALGARY — Suncor Energy Inc.

DUBAI, United Arab Emirates — Saudi Aramco said Tuesday its profits soared by 30% in the first quarter of the year, compared to last year, riding on the back of higher crude oil prices.

CALGARY — Imperial Oil Ltd. investors have voted 86 per cent to defeat a shareholder resolution that it adopt a target to achieve net-zero carbon emissions by 2050.

VANCOUVER — Increasing values are prompting homeowners to sell, but the Real Estate Board of Greater Vancouver says more supply is still needed to meet active market demands.

HALIFAX — Nova Scotia's Liberal government announced more than $12 million in additional support Tuesday for businesses hit by the latest COVID-19 lockdown in the province.