National Business

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. The S&P/TSX composite index closed up 157.20 points to 20,401.

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) — 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.

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.

HALIFAX — Canadians venturing out into commercial spaces for the first time since the pandemic began may spot some made-in-Canada technology whizzing around, keeping the high-traffic floors squeaky clean.

PARIS (AP) — France will send its ambassador back to Washington next week after French President Emmanuel Macron and President Joe Biden agreed in a phone call Wednesday to meet next month over a submarine spat that sent relations between the longtim

NEW YORK (AP) — A Los Angeles man has been charged by New York federal prosecutors with perjury for allegedly falsifying emails to support his lawsuit against entertainment industry executives.

TORONTO — The Ontario Teachers' Pension Plan Board has signed a deal to buy the parent company of reverse mortgage lender HomeEquity Bank. Financial terms of the deal for HomeQ Corp. were not immediately available.