National Business

NICOSIA, Cyprus (AP) — A plan to develop a sizeable natural gas field off Cyprus that could help the European Union find alternative energy sources to Russia will be ready by the end of the year, the east Mediterranean island nation's energy minister

FRANKFURT, Germany (AP) — The European Central Bank raised interest rates Thursday for the first time in 11 years by a larger-than-expected amount, joining steps already taken by the U.S.

TORONTO — Rogers Communications Inc. has a new chief technology officer just weeks after a service outage that crippled the company's networks and affected millions of customers across Canada.

Natasha Macmillan had a stack of loyalty program cards in her wallet before COVID-19.

WASHINGTON (AP) — The number of Americans applying for unemployment benefits last week rose to the highest level in more than eight months in what may be a sign that the labor market may be weakening.

TORONTO — Link Administration Holdings Ltd. says it has agreed to a revised takeover proposal by Dye & Durham Ltd. The Australian company says its board is recommending shareholders support the offer of A$4.

OKOTOKS, Alta. — Mullen Group Ltd. nearly doubled its second-quarter profit compared with a year ago as its revenue rose 67 per cent.

NEW YORK (AP) — Michelle Obama will have a book out this fall, “The Light We Carry,” in which she reflects upon her experiences and shares insights on navigating an increasingly stressful world.

BERLIN (AP) — Natural gas started flowing through a major pipeline from Russia to Europe on Thursday after a 10-day shutdown for maintenance — but the gas flow remained well short of full capacity and the outlook was uncertain, which leaves Europe st

OTTAWA — Canadians are seeing the cost of borrowing rise rapidly as the Bank of Canada takes historic action to slow the soaring of prices, having learned costly lessons from history when central banks let inflationrun rampant.