National Business

Pfizer said Wednesday that a booster dose of its COVID-19 vaccine may offer important protection against the new omicron variant even though the initial two doses appear significantly less effective.

MONTREAL — Dollarama Inc. reported a third-quarter profit of $183.4 million, up from $161.9 million in the same quarter last year as its sales rose 5.5 per cent.

CLEMSON, S.C. (AP) — A South Carolina city is putting up a historical marker to commemorate a nightclub renowned for hosting Black musicians and patrons in the segregated South.

LONDON (AP) — Building materials maker Kingspan said it had agreed with the Mercedes-AMG Petronas Formula One racing team to end a partnership deal after protests from the families of people who died in a high-rise fire in London.

TORONTO — Canadian companies hit by ransomware attacks pay almost half a million dollars on average to perpetrators, according to the results of a new survey.

BERLIN (AP) — Center-left leader Olaf Scholz became Germany's ninth post-World War II chancellor Wednesday, opening a new era for the European Union’s most populous nation and largest economy after Angela Merkel’s 16-year tenure .

TORONTO — The average salary increases given to men this year were nearly double the amounts received by women, a new survey has found.

MONTREAL — Canadian business owners are bullish on the economy's rebound from COVID-19, with a new report finding investment plans and sales expectations for next year exceed pre-pandemic levels.

LAS VEGAS (AP) — One of the largest U.S. health insurance companies and its branches in Nevada were found liable Tuesday for $60 million in punitive damages for underpaying out-of-network emergency medical providers.

BEIJING — Stocks rose broadly on Wall Street Tuesday, adding to the market’s solid gains from a day earlier, as investors wager that the new variant of the COVID-19 virus won’t pose as big a threat to the economy as some initially feared.