National Business

WASHINGTON — Federal Reserve policymakers will meet this week for the first time since they significantly revised the Fed's operating framework in ways that will likely keep short-term interest rates near zero for years to come.

LONDON — Unemployment in the U.K. edged up in July even though large parts of the economy reopened after the coronavirus lockdown, a signal that the jobless rate is set to spike higher when a government salary-support scheme ends in the autumn.

WASHINGTON — U.S. industrial production slowed to a modest increase of 0.4% in August, far weaker than the strong bounce back recorded in previous months when factories were coming back to life. The slight uptick followed gains of 3.5% in July and 6.

CALGARY — Imperial Oil Ltd. says it is ramping up production to normal rates at its Kearl oilsands mining operation in northern Alberta after the return to service of its main diluent supply pipeline.

OTTAWA — Canadian manufacturing sales climbed for a third consecutive month in July, but still remained short of pre-pandemic levels of February, Statistics Canada said Tuesday. The agency said manufacturing sales rose seven per cent to $53.

NEW YORK — ViacomCBS will rebrand its CBS All Access streaming service as Paramount Plus, set to debut early next year with new, original shows.

Canada posted record home sales and prices in August, but the increase was uneven, as the housing market levelled off in some regions. Home sales in August climbed 6.

OTTAWA — Prime Minister Justin Trudeau and his ministers are meeting for a second day to plot the country's path through — and eventually beyond — the COVID-19 pandemic amid uncertainty around whether it is already in the midst of a dreaded second wa

MONTREAL — Aimia Inc. propped up a slumping bottom line last quarter through its holdings in airline loyalty programs, which generated profits despite the near-collapse of the travel industry amid the COVID-19 pandemic.

LONDON — Black actor John Boyega has stepped down from his role as a global ambassador for perfume brand Jo Malone after the company decided to hire a Chinese actor to replace him in an ad he created.