National Business

GENEVA (AP) — Switzerland’s central bank carried out the biggest hike ever to its key interest rate Thursday, following the U.S. Federal Reserve and other central banks around the world in aggressive moves to clamp down on inflation.

BEIJING (AP) — Asian stock markets followed Wall Street lower on Thursday after the Federal Reserve delivered another big interest rate hike to cool galloping inflation and raised its outlook for more. Shanghai, Tokyo, Hong Kong and Sydney declined.

OTTAWA — Online streaming giants YouTube and TikTok are asking Canadian senators to take a sober second look at an online streaming bill that they say would cause significant harm to Canadian digital creators.

KYIV, Ukraine (AP) — Russian President Vladimir Putin ordered a partial mobilization of reservists Wednesday to bolster his forces in Ukraine, a deeply unpopular move that sparked rare protests across the country and led to almost 1,200 arrests.

CALGARY — De Havilland Aircraft of Canada Ltd. announced plans Wednesday to build a new aircraft manufacturing plant east of Calgary that could eventually employ up to 1,500 people.

NEW YORK (AP) — Former president Donald Trump padded his net worth by billions of dollars and habitually misled banks and others about the value of prized assets like golf courses, hotels and his Mar-a-Lago estate, New York’s attorney general said We

Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (19,184.54, down 184.15 points) Canadian Natural Resources Ltd. (TSX:CNQ). Energy. Down $1.69, or 2.37 per cent, to $69.51 on 7.4 million shares.

TORONTO — A disability activist whose wheelchair was severely damaged during a recent flight says mobility aids are treated no better than luggage, leading to renewed calls for greater regulation of airline disability services.

TORONTO — Canada's main stock index ended down almost one per cent and U.S. stock indexes closed even lower following whipsaw trading after the U.S.

MILAN (AP) — Milan Fashion Week opened Wednesday with a sense of renewal. Milan's five-day calendar returned to near pre-COVID-19 levels with 68 runway shows, 104 presentations and 30 events.