National Business

BRUSSELS (AP) — The European Union wants to lower a cap on the price of Russian oil to deprive the Kremlin of extra profits to fund its war in Ukraine as part of a new raft of sanctions aimed at forcing Moscow to the negotiating table, senior officia

WASHINGTON (AP) — President Donald Trump’s trade wars are expected to slash economic growth this year in the United States and around the world, the World Bank forecast Tuesday.

TORONTO — Movie theatre company Cineplex Inc. reported its May box office report rose compared with a year ago helped by Final Destination: Bloodlines, Lilo & Stitch, and Mission: Impossible – the Final Reckoning.

CALGARY — A report says new cleanup rules for renewable energy sites are hurting the competitiveness of Alberta's industry.

VICTORIA — The British Columbia government says it's working to reverse changes that slashed accommodation funding for out-of-town parents whose children receive specialized hospital care in Vancouver.

VICTORIA — High school students walking across graduation stages this month will step into an uncertain job market as B.C. has the second-highest youth unemployment rate in Canada.

TORONTO — U.S.-China trade talks in London give investors the latest shot of optimism even as North American markets registered few gains Monday. In New York, the Dow Jones industrial average was down 1.11 points at 42,761.76.

TORONTO — Canada's competition watchdog is suing DoorDash Inc. and its Canadian subsidiary, accusing them of marketing their online delivery services at a lower price than what consumers actually wind up paying.

TORONTO — Two First Nations that signed deals with the provincial government to improve access to the Ring of Fire are speaking out against a new Ontario law that seeks to ease mineral extraction in the northern region.

NEW YORK (AP) — U.S. stocks drifted closer to their record as the world’s two largest economies begin talks on trade that could help avoid a recession. The S&P 500 rose 0.1% Monday and is 2.3% below the record it reached in February.