National Business

NEW YORK (AP) — Laura Romani, a Chicago-area resident with a background in education and library science, had been thinking of a new career.

OTTAWA — Statistics Canada has updated the basket of goods it uses to calculate its consumer price index and inflation.

A European Central Bank poised to raise interest rates for the first time in 11 years vowed Wednesday to create an unspecified market backstop that could buffer member countries against financial turmoil like that seen during a debt crisis more than

TORONTO — Kinross Gold Corp. says it has completed the sale of its Russian assets to the Highland Gold Mining group of companies for US$340 million, half of what it had negotiated earlier, after Russian authorities capped the price.

OTTAWA — Canada Mortgage and Housing Corp. says the annual pace of housing starts in May was up eight per cent compared with April.

MARKHAM, ONT. — The parent company of Mary Brown's Chicken has signed an agreement to acquire Fat Bastard Burrito Co. Financial terms of the deal were not immediately available.

NEW DELHI (AP) — U.S.

RED LODGE, Mont.

LONDON (AP) — Britain canceled a flight that was scheduled to deport asylum seekers to Rwanda late Tuesday after the European Court of Human Rights intervened, saying the plan carried “a real risk of irreversible harm.

SAULT STE. MARIE, Ont. — Algoma Steel Group Inc. is paying its first quarterly dividend as it reported that revenues surged 48 per cent in its latest quarter to propel the company to record results for its fiscal year. The Sault Ste. Marie, Ont.