National Business

OTTAWA — Statistics Canada says wholesale sales, excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseed and grain, rose 0.4 per cent to $82.7 billion in July.

TORONTO — BMO Financial Group says it has won the reversal of a 2022 jury verdict against the bank in a lawsuit related to a Ponzi scheme in the United States. The Canadian bank says the U.S.

MOSCOW (AP) — Russia's central bank raised its key interest rate by a full percentage point to 19% to combat high inflation as government spending on the military strains the economy's capacity to produce goods and services and drives up workers' wag

HONG KONG (AP) — Chinese authorities have banned the accounting firm PwC for six months and fined it over 400 million yuan ($56.4 million) over its involvement in the audit of collapsed property developer Evergrande.

SEATTLE (AP) — Aircraft assembly workers walked off the job early Friday at Boeing factories near Seattle after union members voted overwhelmingly to go on strike and reject a tentative contract that would have increased wages by 25% over four years.

TORONTO — One of the largest factors standing in the way of Ontario being able to speed up critical infrastructure projects is a sense of public distrust fostered by the government's own history with the Greenbelt, polling commissioned by the governm

BEIJING (AP) — China starting next year will raise its retirement age for workers, which is now among the youngest in the world's major economies.

BEIJING (AP) — China's legislature announced Friday that it was raising the retirement age for its workers, according to state broadcaster CCTV.

SEATTLE (AP) — Machinists at Boeing voted Thursday to go on strike, another setback for the giant aircraft maker whose reputation and finances have been battered and now faces a shutdown in production of its best-selling airline planes.

SEOUL, South Korea (AP) — North Korea offered a rare glimpse into a secretive facility to produce weapons-grade uranium as state media reported Friday that leader Kim Jong Un visited the area and called for stronger efforts to “exponentially” increas