National Business

The European Central Bank left its key interest rate benchmark unchanged Thursday as its rate-setting council and President Christine Lagarde take their time to make sure stubborn inflation is firmly under control before lowering rates again.

United Airlines on Wednesday reported that its second-quarter profit rose 23% to $1.32 billion, as record crowds at U.S. airports helped the carrier overcome sharply rising costs for fuel and labor.

TORONTO — Canada's main stock index closed down Wednesday in broad-based losses led by technology and base metals while U.S. stock markets were mixed. The S&P/TSX composite index ended down 144.22 points at 22,851.17.

NEW YORK (AP) — Wall Street’s record-breaking rally ran into a wall, as worries about potentially worsening trade tensions with China hit stocks of chip companies.

The Body Shop International is in talks to be sold to a consortium backed by a British beauty tycoon, but right now the potential deal doesn't include Canadian assets.

MONTREAL — Air Canada could have to pay more than $100 million in compensation to workers who lost their jobs at maintenance centres more than a decade ago, say lawyers in a class-action suit.

TORONTO — When Larry McCabe learned of a looming strike by the province's liquor store workers, he picked up just a few extra bottles for his two restaurants, thinking he would find other ways to keep the booze supply running.

TORONTO — Auto thefts were down 17 per cent during the first six months of 2024 compared with the same period last year, an insurance fraud prevention group said in its report.

TORONTO — Fillets from fish caught along Toronto's waterfront have up to 12 times more microplastics per serving than some common store-bought alternatives, newly published research suggests.

LONDON (AP) — Britain’s new Labour Party government promised to calm the country’s febrile politics and ease its cost-of-living crisis as it set out its plans for “national renewal” at the grand State Opening of Parliament on Wednesday.