National Business

BRUSSELS — The U.S.

CALGARY — Alberta's oil and gas regulator has rolled out new rules aimed at addressing the growing problem of inactive and abandoned wells in the province, but critics say the industry should be forced to do even more to clean up after itself.

TORONTO — Roughly two-thirds of Canadians are seriously considering leaving their job because of issues such as compensation, declining job satisfaction, and overall well-being, a new survey has found.

EDMONTON — AutoCanada Inc. says it has bought 11 auto dealerships from the Autopoint Group in southwestern Ontario. Financial terms of the deal were not immediately available.

TORONTO — Ontario’s auditor general says some cannabis products are often out of stock because the province’s pot retailer is inaccurately forecasting inventory levels.

WASHINGTON (AP) — In a fresh sign of his growing concerns about inflation, Chair Jerome Powell said Wednesday that the Federal Reserve can't be sure that price increases will slow in the second half of next year as many economists expect.

TORONTO — Royal Bank of Canada raised its dividend Wednesday as it reported a rise in fourth-quarter profits from last year, though it said earnings were hit by lower margins in part from low interest rates and heightened competition.

BERLIN (AP) — A court has ruled that German authorities are justified in banning three pornographic websites based in Cyprus from operating in Germany due to rules intended to protect minors.

DETROIT (AP) — General Motors is forming a joint venture with Posco Chemical of South Korea to build a North American battery materials plant as it brings more steps in the electric vehicle supply chain under its umbrella.

TORONTO — Canada's main stock index gained more than 300 points in late-morning trading led by gains in the energy and financial sectors as investors shook off worries about the latest COVID-19 variant and U.S. stock markets moved higher.