National Business

FRANKFURT, Germany (AP) — Europe’s economy has grown modestly after months of stagnation, but higher interest rates designed to fight inflation are casting a shadow as they make it more expensive for households and businesses to borrow, invest and sp

MONTREAL — From his suite on the 23rd floor of the Fairmont Dubai, Fethi Chebil surveys the luxury cars and driverless metro line unfurling to the horizon.

TORONTO — Five things to watch for in the Canadian business world in the coming week: Home sales Some of Canada's largest cities will release their home sales figures for July this week.

TORONTO — Grocery store workers at 27 Metro locations in the Greater Toronto Area have rejected a tentative deal and are set to begin strike action on Saturday.

WASHINGTON (AP) — Signs that inflation pressures in the United States are steadily easing emerged Friday in reports that consumer prices rose in June at their slowest pace in more than two years and that wage growth cooled last quarter.

WINNIPEG — Manitoba is looking at boosting wind power and encouraging conservation — perhaps by charging customers different rates at peak hours — as part of a new long-term energy plan at Crown-owned Manitoba Hydro.

TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (20,519.37, up 133.90): TC Energy Corp. (TSX:TRP). Energy. Down $2.05, or 4.33 per cent, to $45.25 on 21.8 million shares.

TORONTO — Canada's main stock index rose Friday, led by gains in the energy, technology and health-care sectors, while U.S. markets also posted gains. The S&P/TSX composite index closed up 133.90 points at 20,519.37.

NEW YORK (AP) — Wall Street got back to climbing following more encouraging profit reports and the latest signal that inflation is loosening its chokehold on the economy. The S&P 500 rose 1% Friday, marking its ninth winning week in the last 11.

PHOENIX (AP) — The backup Uber driver for a self-driving vehicle that killed a pedestrian in suburban Phoenix in 2018 pleaded guilty Friday to endangerment in the first fatal collision involving a fully autonomous car.