National Business

The Bank of Canada lowered its key interest rate for the second time this year to 4.5 per cent. Here's what the decision means for the Canadian dollar. How has the decision affected the Canada-U.S.

KATHMANDU, Nepal (AP) — A plane crashed Wednesday just after taking off from Nepal’s capital, killing 18 people and injuring a pilot who was the lone survivor.

TORONTO — The chief executive of Rogers Communications Inc. says it will likely take the better part of a year before Canada's telecommunications sector sees a calming of the competitive intensity prompting many wireless customers to change carriers.

CALGARY — WestJet and Telus Corp. are partnering up to provide free internet service aboard flights for members of the airline's loyalty program starting this December.

SUMMERSIDE, P.E.I. — A "worrisome" parasite has been confirmed in at least one area on Prince Edward Island, and samples from several oyster farms have been sent for testing, says the Canadian Food Inspection Agency.

Canadian National Railway Co. lowered its forecast for earnings growth Tuesday as it faces the threat of a worker strike. The Montreal-based railway, which earned $1.

DETROIT (AP) — Tesla's second-quarter net income fell 45% compared with a year ago as the company's global electric vehicle sales tumbled despite price cuts and low-interest financing. The Austin, Texas, company said Tuesday that it made $1.

TORONTO — Losses in the energy sector led Canada's main stock index lower on Tuesday, while U.S. stock markets were also down.

NEW YORK (AP) — U.S. stocks held steady in a calm day on Wall Street, as earnings reporting season ramped up for big companies. The S&P 500 fell 0.2% Tuesday. The Dow Jones Industrial Average slipped 0.1%, and the Nasdaq composite edged down 0.

HALIFAX — The Nova Scotia government announced Tuesday that its promised program to encourage people to buy local will award points only at Sobeys Inc. grocery stores and the provincial liquor corporation.