Bloomberg Canadian consumer price inflation shot past expectations in March, jumping to a new three-decade high and cementing expectations the Bank of Canada will continue with aggressive interest rate hikes in coming weeks. Annual inflation rises to 6.7% last month, up from 5.7% in February, Statistics Canada reported in Ottawa. That’s the highest since January 1991 and exceeds the ...

  Bloomberg BMW AG long tried to bill its flagship 7 Series sedan as the more fun-to-drive alternative to similar offerings from Mercedes-Benz AG. As the rivalry goes electric, the German manufacturer is trying to also win over people sitting in the back. The i7 boasts a luxurious interior that includes a flatscreen lowering from the ceiling to entertain passengers ...

Bloomberg The world’s biggest technology companies could face billions of dollars in fines for breaches of new European Union legislation after lawmakers reached an agreement on its scope. The landmark Digital Services Act (DSA) is the EU’s answer to what it sees as a failure by tech giants to combat illegal content on their platforms. Noncompliance could cost companies as ...