National Business

SAN JOSE, Calif. (AP) — Former U.S.

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.

The Globe and Mail led news outlets for reporting awards from the Canadian chapter of the Society for Advancing Business Editing and Writing, with 12 silver and gold medals at the 2020 awards.

Toronto Pearson International Airport has ranked near the bottom among major North American flight hubs in J.D. Power's latest customer satisfaction ranking.

WASHINGTON (AP) — The Federal Reserve signaled Wednesday that it may start raising its benchmark interest rate sometime next year, earlier than it envisioned three months ago and a sign that it's concerned that high inflation pressures may persist.