National Business

LONDON (AP) — The Bank of England kept its main interest rate unchanged at a 16-year high of 5.25% on Thursday even though inflation continues to drop from multi-decade peaks.

SEOUL, South Korea (AP) — South Korea’s government will take final steps to suspend the licenses of striking junior doctors next week as they refuse to end their weekslong walkouts that have burdened the country’s medical services, officials said Thu

OTTAWA — Health Minister Mark Holland promised a major crackdown on nicotine pouches Wednesday, and issued a stern warning to tobacco companies he says are marketing the pouches to children.

American prosecutors say a Canadian living in China stole trade secrets from a leading U.S.-based electric vehicle company to set up a competing battery business. The U.S. Attorney's Office in Brooklyn, N.Y.

JOHNSON CITY, Texas — Angela Chao, a shipping industry CEO and sister-in-law to Senate Minority Leader Mitch McConnell, was intoxicated when she drove into a pond and died last month in Texas, according to a law enforcement report released Wednesday.

SAN FRANCISCO (AP) — Reddit will enter a new era as a publicly traded company with a market value of $6.4 billion after the social media platform's initial public offering was priced at $34 per share.

LAVAL, Que. — Alimentation Couche-Tard Inc. says net earnings attributable to shareholders totalled US$623.4 million in its third quarter, down 15.5 per cent from US$737.4 million a year earlier. The Laval, Que.-based company, which reports in U.S.

ST. JOHN'S, N.L. — A protest Wednesday that descended into a chaotic confrontation between mounted police officers and fishers outside the Newfoundland and Labrador legislature halted the provincial government's plans to present its latest budget.

WASHINGTON (AP) — Federal Reserve officials signaled Wednesday that they still expect to cut their key interest rate three times in 2024, fueling a rally on Wall Street , despite signs that inflation remained elevated at the start of the year.

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (22,045.71, up 185.13 points): TC Energy Corp. (TSX:TRP). Energy. Down 62 cents, or 1.13 per cent, to $54.04 on 24.1 million shares.