National Business

OTTAWA — The Bank of Canada hiked its key interest rate yet again on Wednesday morning, bringing it to 3.75 per cent and continuing one of the fastest monetary policy tightening cycles in its history amid warning signs of a potential recession.

NEW YORK (AP) — An “unauthorized, unvarnished” biography of billionaire hedge-fund manager Ray Dalio will be published next fall, authored by a Wall Street Journal investigative reporter whom the Bridgewater Associates founder has called biased and d

LONDON (AP) — U.K. Treasury chief Jeremy Hunt on Wednesday delayed his much-anticipated economic statement until Nov.

MONTREAL — Air Canada says it has converted options for 15 Airbus A220-300 aircraft into firm orders. The airline says the move brings its total number of firm orders for the narrowbody aircraft that will be built in Montreal to 60.

CALGARY — Canada's energy sector will be the recipient of a wave of public and private investment dollars in the coming decade, experts say, as the push to reach net-zero greenhouse gas emissions by 2050 gains momentum.

MONTREAL — Quebecor Inc. CEO Pierre Karl Péladeau says he intends to accept the conditions laid out by Industry Minister François-Philippe Champagne around the sale of wireless carrier Freedom Mobile to Videotron Ltd.

NEW YORK (AP) — Adidas ended a partnership that helped make the artist formerly known as Kanye West a billionaire and lent the German sportswear an edgy appeal, but ultimately couldn't survive a mounting outcry over the rapper's offensive and antisem

TORONTO — Restaurants and bars across Canada are hoping this holiday season could finally spell recovery for the debt-laden sector. But, elevated inflation and a potential recession have them worried that their new normal won’t pay the bills.

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (19,097.01, up 178.61 points): Royal Bank of Canada (TSX:RY). Financials. Up 62 cents, or 0.5 per cent, to $123.88 on 16.

TORONTO — Canada's main stock index was up for the third day in a row, while U.S. stock markets also rose. The S&P/TSX composite index was up 178.61 points at 19,097.01. In New York, the Dow Jones industrial average was up 337.