National Business

TORONTO — Despite potential political opposition, it would make more sense for Bombardier Inc. to sell its business jet division than its railway operations to address its staggering debt, an industry analyst said Wednesday.

PARIS — John Galliano put on a tongue-in-cheek show for Maison Margiela on the final day of Paris Fashion Week, as Jean Paul Gaultier bid adieu to the Paris couture runway with a fashion show and surprise guest singer Boy George at the Chatelet Theat

TORONTO — Canada's main stock index resumed its climb to record highs midweek as the Bank of Canada said it was finally open to lowering interest rates. The central bank kept interest rates on hold Wednesday at 1.

TORONTO — Rogers Communications Inc. plans to spend nearly $3 billion on capital investments this year but its chief executive warned Wednesday that amount could be reduced if Canada's government or telecom regulator adopt the wrong policies.

NEW YORK — The head of Hallmark's media business is leaving the company after 11 years, just a month after its flagship Hallmark Channel faced an outcry over a decision to pull an ad with a lesbian couple kissing.

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (17,599.86, up 27.58 points). Bombardier Inc. (TSX:BBD.B). Industrials. Down one cent, or 0.78 per cent, to $1.28 on 19.

DUBAI, United Arab Emirates — The cellphone of Amazon founder and Washington Post owner Jeff Bezos was hacked in what appeared to be an attempt by Saudi Arabia's crown prince to "influence, if not silence" the newspaper's reporting on the kingdom, tw

TORONTO — The Bank of Nova Scotia's senior vice president and chief economist isn't fretting over a potential recession because he believes predictions that one will hit Canada are "exaggerated.

OTTAWA — The Bank of Canada kept its key interest rate on hold at 1.

MONTREAL — SNC-Lavalin Inc. has recruited a former Bombardier executive who oversaw key asset sales to oversee the engineering and construction firm's strategic transformation.