National Business

CALGARY — The pressing global need to slash emissions in the face of a growing climate crisis is driving renewed interest in nuclear power — and few places more sothan in Canada's oilsands.

Economists are predicting an even higher reading of inflation for June as energy and food prices crept higher and the economy reopened further. The consumer price index in Canada hit a nearly 40-year high of 7.7 per cent in May

TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (18,394.45, up 65.39 points.) Canadian Natural Resources (TSX:CNQ). Up 49 cents, or 0.8 per cent, to $61.58 on 8.4 million shares.

NEW YORK — Wall Street capped a week of losses with a broad rally for stocks Friday, as investors welcomed solid earnings from big companies and an encouraging report on consumer sentiment and inflation expectations.

COLOMBO, Sri Lanka (AP) — Sri Lanka's prime minister was sworn in Friday as interim president until Parliament elects a successor to Gotabaya Rajapaksa , who fled abroad and resigned after mass protests over the country’s economic collapse.

TORONTO — Canada's main stock index broke a five-day losing streak but still ended the week off 3.3 per cent as crude oil and gold prices struggled over the past five trading sessions. The S&P/TSX composite index closed up 65.39 points to 18,394.

Federal Industry Minister François-Philippe Champagne says last week's massive outage at Rogers Communications Inc. will be on his mind as he weighs the telecom provider's proposed $26-billion takeover of Shaw Communications Inc.

The company that makes some of the world's most iconic board games including Scrabble, Monopoly, and Clue is developing a new one based on Wordle, the obsessively popular digital word-guessing game. Hasbro Inc.

NEW YORK (AP) — Consumers picked up their spending from May to June, underscoring their resilience despite painfully higher prices at the gas pump and in grocery aisles and allaying fears that the economy might be on the verge of a recession. U.S.

Xplore Mobile Inc. will be shutting down at the end of August. The wireless carrier, which provides service to customers in Manitoba, will cease operations on Aug. 31, according to a company statement.