National Business

OTTAWA — Canada's national annual inflation rate was 0.7 per cent in December, Statistics Canada says. Here's what happened in the provinces (previous month in brackets): — Newfoundland and Labrador: 0.6 per cent (0.8) — Prince Edward Island: -0.

BRUSSELS — The European Union’s top officials breathed a sigh of relief on Wednesday that Joe Biden will be taking over as president of the United States, but they warned that the world has changed after four years of Donald Trump and that trans-Atla

TORONTO — Shareholders of West Fraser Timber Co. Ltd. and Norbord Inc. have approved a $4-billion all-stock deal that will marry two of Canada's big wood product producers.

BEIJING — China’s capital, Beijing, recorded seven more coronavirus cases on Wednesday amid a lingering outbreak in the country’s north.

BEIJING — China’s highest-profile entrepreneur, Jack Ma, appeared Wednesday in an online video, ending a 2 1/2-month absence from public view that prompted speculation about the future of the e-commerce billionaire and his Alibaba Group.

Canadian companies that bid on American government contracts could be cut out of the procurement process if Joe Biden follows through on his Buy American plan after he becomes U.S. president today, according to business and trade experts.

SANTA CRUZ, Calif. — Months-old embers from a deadly California fire were blown back to life Tuesday by powerful winds that raked the state and prompted safety blackouts to tens of thousands of people.

TORONTO — One of Canada's most prominent technology darlings is being sold to a South Korean internet conglomerate in a US$600-million deal. Toronto-based online storytelling company Wattpad Corp.

SAN RAMON, Calif.

ROME — Italian Premier Giuseppe Conte squeaked through a crucial Senate confidence vote Tuesday night, allowing him to keep his wobbly coalition afloat but failing to secure the reliable support needed from lawmakers to help him effectively govern th