National Business

TORONTO — An arbitrator has awarded Ontario's doctors a nearly 10-per-cent compensation increase for the first year of their new Physician Services Agreement.

HALIFAX — An energy firm based in Ireland is planning build a plant in eastern Nova Scotia to produce sustainable aviation fuel using about 700,000 tonnes of wood biomass annually.

TORONTO — Roots Corp. may have built its brand on all things comfy and cosy, but its CEO says activewear is now "really becoming a core part" of the brand.

MOSCOW (AP) — Russia's central bank hiked interest rates to their highest since the Kremlin sent troops into Ukraine more than 2 1/2 years ago, a step aimed at combatting the inflation fuelled by massive government outlays for the military — and by r

SEATTLE (AP) — Aircraft assembly workers went on strike Friday at Boeing factories in Washington, Oregon and California after union members overwhelmingly rejected a tentative contract that would have increased wages by 25% over four years.

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.