National Business

TORONTO — Canada's main stock index rebounded from a midweek breather to resume its record climb as the materials sector got a boost from investors seeking safety from inflation. "After yesterday's surprise CPI (U.S.

MONTREAL — CAE Inc. shares dropped 10 per cent Thursday as earnings fell far short of expectations despite a big bump in revenue and profit.

CALGARY — The consequences of last summer's searing drought are being felt on farms and ranches across the Prairies, where some livestock producers are heading into a long, cold winter with dangerously low supplies of feed and water.

TORONTO — Hollywood hits starring homegrown actors Simu Liu and Ryan Reynolds had Canadian moviegoers rushing back to cinemas in the final weeks of summer, giving Cineplex Inc. a much-needed boost in ticket sales.

ST-HYACINTHE, QUE. — Meat processor Olymel says Yanick Gervais has been appointed president and chief executive, following the death of CEO Réjean Nadeau last month.

Chorus Aviation Inc. is riding a fledgling recovery in the airline business driven by the return of traffic in Canada and abroad.

HAMILTON — Stelco Holdings Inc. shares jumped higher Thursday after it reported a surge in its latest quarterly earnings on higher steel prices and said it would raise its dividend again. The Hamilton, Ont.

AMSTERDAM (AP) — The European Medicines Agency has recommended the authorization of two new medicines against the coronavirus for people at risk of severe disease.

GLASGOW, Scotland (AP) — United Nations Secretary-General Antonio Guterres says the goal of limiting global warming to 1.5 degrees Celsius (2.7 F) is “on life support” as U.N.

OTTAWA — When Leanne Kaufman asks people who have acted as an executor for a loved one if they'd do it again, the answer is almost always no.