National Business

OTTAWA — Canadian retail sales dropped 0.6 per cent to $55.8 billion in July as sales at supermarkets and grocery stores fell with more people returning to restaurants and patios.

WASHINGTON (AP) — The number of Americans applying for unemployment aid rose last week for a second straight week to 351,000, a sign that the delta variant of the coronavirus may be disrupting the job market's recovery, at least temporarily.

VANCOUVER — Canada's Olympic and Paralympic athletes will be clad in Lululemon as they climb the podium in Beijing next year.

LONDON (AP) — The Bank of England kept its main interest rate at the record low of 0.1% while warning Thursday that inflation is set to rise further over coming months largely as a result of a sharp spike in energy prices.

SAN JOSE, Calif. (AP) — Former U.S.

The U.S. moved a step closer Wednesday to offering booster doses of Pfizer’s COVID-19 vaccine to senior citizens and others at high risk from the virus as the Food and Drug Administration signed off on the targeted use of the extra shots.

WASHINGTON (AP) — Federal Reserve Chair Jerome Powell signaled Wednesday that the Fed plans to announce as early as November that it will start withdrawing the extraordinary support it unleashed after the coronavirus paralyzed the economy 18 months a

WATERLOO, ONTARIO — BlackBerry Ltd. says its net loss surged to US$144 million in its latest quarter as revenues fell 32 per cent. The Waterloo, Ont., based company, which reports in U.S.

CALGARY — Alberta Premier Jason Kenney has faced down a restive and divided United Conservative Party caucus, focusing on COVID-19 while managing to avoid a straw vote on his leadership.

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 as the economic recovery continues.