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Auto sales fall 8.5% in May from a year earlier as supply challenges persists

Auto sales fall 8.5% in May from a year earlier as supply challenges persists

TORONTO — DesRosiers Automotive Consultants (DAC) says Canadian auto sales were down 8.5 per cent in May compared with a year earlier as supply challenges persist.
Cancer company Repare strikes deal with Roche worth more than US$1B

Cancer company Repare strikes deal with Roche worth more than US$1B

Repare Therapeutics Inc. has struck a deal with pharmaceutical giant F. Hoffman-La Roche AG that could be worth more than US$1 billion.
Threat of stagflation challenging time for investors to stickhandle, experts say

Threat of stagflation challenging time for investors to stickhandle, experts say

TORONTO, Kan. — Many investors may have to turn to their parents and grandparents for advice on how to weather stagflation.
OPEC+ alliance boosts oil production as energy prices soar

OPEC+ alliance boosts oil production as energy prices soar

LONDON (AP) — The OPEC oil cartel and allied producing countries including Russia will raise production by 648,000 barrels per day in July and August, offering modest relief for a global economy suffering from soaring energy prices and the resulting
Fewer Americans apply for unemployment benefits last week

Fewer Americans apply for unemployment benefits last week

WASHINGTON (AP) — Fewer Americans applied for jobless aid last week with the number of Americans collecting unemployment at historically low levels.
Nasdaq to acquire Montreal-based analytics platform Metrio

Nasdaq to acquire Montreal-based analytics platform Metrio

Nasdaq, Inc. says it will acquire Montreal-based reporting and analytics firm Metrio as it looks to bolster and enhance its environmental, social and governance services.
Telus receives approval from Toronto Stock Exchange for buyback plan renewal

Telus receives approval from Toronto Stock Exchange for buyback plan renewal

VANCOUVER — Telus Corp. has received approval from the Toronto Stock Exchange for a new normal course issuer bid, which enables the company to buy back some of its shares in order to cancel them.
US and Germany agree to supply advanced weapons to Ukraine

US and Germany agree to supply advanced weapons to Ukraine

KYIV, Ukraine (AP) — The U.S.
'Stranger Things' return encourages weekend binging

'Stranger Things' return encourages weekend binging

NEW YORK (AP) — For millions of fans of Netflix's sci-fi drama “Stranger Things,” there's little mystery in how they spent their Memorial Day weekend.
Calgary home sales declined in May for second month, but city still a sellers' market

Calgary home sales declined in May for second month, but city still a sellers' market

CALGARY — The Calgary Real Estate Board says sales activity in the western city trended down for the second month in a row in May.
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