National Business

BERLIN — Amazon says it's buying 1,800 electric delivery vans from Mercedes-Benz, the biggest such order for the German automaker to date.

EDMONTON — CWB Financial Group reported its third-quarter profit fell compared with a year ago as its provisions for credit losses rose compared with 2019 due to the pandemic, but the bank still beat expectations.

DUBAI, United Arab Emirates — Israel has listed an El Al flight taking off Monday for Abu Dhabi, which would be Israel's first commercial passenger flight to the United Arab Emirates after the two countries agreed to a U.S.

WASHINGTON — The Federal Reserve announced a significant change Thursday in how it manages interest rates by saying it plans to keep rates near zero even after inflation has exceeded its 2% target level.

REGINA — Spending restraint is on the horizon in Saskatchewan as the province begins to dig itself out of a deficit Premier Scott Moe's government blames on the COVID-19 pandemic.

TORONTO — Losses in the materials and energy sectors pulled Canada's main stock index lower on Thursday as the price of both gold and oil fell and the dollar rose. The S&P/TSX composite index wound up down 58.48 points at 16,731.

MONTREAL — Bombardier Inc. plans to lay off 200 workers at its plant in Thunder Bay, Ont., as the company ends production of ventilators and slows output of commuter trains for the Greater Toronto and Hamilton Area.

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (16,731.49, down 58.48 points) Air Canada (TSX:AC). Industrials. Up 69 cents, or 4.18 per cent, to $17.19 on 9.34 million shares.

Sea-Doo maker BRP Inc. says production shutdowns depleted its inventory and dragged down revenues in its second quarter, but rising demand buoyed profits as fun-seekers turned to power sports for pandemic recreation.

MONTREAL — Canadian National Railway Co. has awarded a contract for 1,150 grain cars to National Steel Car Ltd. in Hamilton.