National Business

MONTREAL — Nuvei Corp. says chief executive and chair Philip Fayer has acquired more shares in the company.

NEW YORK (AP) — U.S. stocks slumped after the Federal Reserve said it may not cut interest rates next year by as much as it earlier thought, regardless of how much Wall Street wants it. The S&P 500 fell 0.9% Wednesday.

TORONTO — The union representing workers at Ford Motor Co. facilities in Canada says its tentative deal with the company includes "transformative" gains, with one observer suggesting significant wage increases are likely.

OTTAWA — The Bank of Canada was watching its words at its last interest rate announcement, in fear of spurring speculation that rate cuts are coming any time soon.

NEW YORK (AP) — A venture capital firm that has backed buzzy new companies like restaurant chain Slutty Vegan and beauty brand Live Tinted has become symbolic of the fight over corporate diversity policies since becoming a target of a lawsuit over a

TORONTO — A new RBC survey suggests financial uncertainty has become the new normal for many Canadians as inflation eats into their savings and hampers their future financial security.

LONDON (AP) — Inflation across the U.K.

TORONTO — The Canada Pension Plan Investment Board has promoted Manroop Jhooty to senior managing director and head of total fund management.

NEW DELHI (AP) — India on Wednesday advised its citizens to be careful when traveling to Canada as a rift between the two nations widens further in the wake of Ottawa’s allegations that India may have been involved in the killing of a Sikh separatist

The United Auto Workers union is stepping up pressure on Detroit’s Big Three by threatening to expand its strike unless it sees major progress in contract negotiations by Friday.