National Business

WASHINGTON (AP) — Federal health advisers have ruled that a drug intended to prevent premature births doesn’t work, clearing the way U.S. regulators to follow through on a long-delayed effort to get it off the market.

OTTAWA — Canada's national annual inflation rate was 6.9 per cent in September, Statistics Canada says.

OTTAWA — Canada's national annual inflation rate was 6.9 per cent in September, Statistics Canada says. Here's what happened in the provinces (previous month in brackets): — Newfoundland and Labrador: 6.1 per cent (6.4) — Prince Edward Island: 8.

CALGARY — Parkland Corp. is warning its third-quarter results will fall short of its expectations, however the company is maintaining its guidance for the full year.

VANCOUVER — A&W Revenue Royalties Income Fund has raised its monthly payment to unitholders as it reported its third-quarter profit and royalty income rose compared with a year ago.

LONDON (AP) — British food prices rose at the fastest pace since 1980 last month, driving inflation back to a 40-year high and heaping pressure on the embattled government to balance the books without gutting help for the nation’s poorest residents.

WASHINGTON (AP) — President Joe Biden will announce the release of 15 million barrels of oil from the U.S.

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (18,798.18, up 177.16 points): Royal Bank of Canada (TSX:RY). Financials. Up 62 cents, or 0.5 per cent, to $124.20 on 7.8 million shares.

HALIFAX — Nova Scotia’s heavily subsidized ferry that operates between Yarmouth, N.S., and Bar Harbor, Maine, will be the subject of an economic impact study, the premier said Tuesday.

BERLIN (AP) — Insurance companies that have long said they'll cover anything, at the right price, are increasingly ruling out fossil fuel projects because of climate change — to cheers from environmental campaigners.