National Business

LONDON (AP) — The Bank of England kept its main interest rate at the record low of 0.1% while warning Thursday that inflation is set to rise further over coming months largely as a result of a sharp spike in energy prices.

SAN JOSE, Calif. (AP) — Former U.S.

The U.S. moved a step closer Wednesday to offering booster doses of Pfizer’s COVID-19 vaccine to senior citizens and others at high risk from the virus as the Food and Drug Administration signed off on the targeted use of the extra shots.

WASHINGTON (AP) — Federal Reserve Chair Jerome Powell signaled Wednesday that the Fed plans to announce as early as November that it will start withdrawing the extraordinary support it unleashed after the coronavirus paralyzed the economy 18 months a

WATERLOO, ONTARIO — BlackBerry Ltd. says its net loss surged to US$144 million in its latest quarter as revenues fell 32 per cent. The Waterloo, Ont., based company, which reports in U.S.

CALGARY — Alberta Premier Jason Kenney has faced down a restive and divided United Conservative Party caucus, focusing on COVID-19 while managing to avoid a straw vote on his leadership.

TORONTO — Commodities propelled Canada's main stock index to its best day in two months, while the Federal Reserve signalled that interest rates will increase earlier than expected as the economic recovery continues.

MILAN (AP) — Nigeria-born designer Joy Meribe opened Milan Fashion Week on Wednesday with her debut runway collection, a concrete success for a movement to promote diversity in Italian fashion just a year after launching.

Aurora Cannabis Inc. said eight per cent of its global workforce will be impacted by the forthcoming closure of one of its Alberta facilities.

MILAN (AP) — Italy’s fashion capital is again alive with the sound of shoppers swarming boutiques and editors filling socially distanced fashion week venues, a sign of a light at the end of the pandemic tunnel.