National Business

TORONTO — Canada's main stock index climbed higher to end a week constrained by concerns about sabre-rattling from the U.S. against China and more weak economic data. The S&P/TSX composite index closed up 129.24 points at 14,638.

Two energy companies whose deal over aging assets in Alberta failed to win approval from the province's energy regulator over environmental concerns say they will try again.

HALIFAX — Chorus Aviation Inc. saw profits drop by more than 150 per cent year over year last quarter as the COVID-19 outbreak wreaks havoc on the airline industry. The regional aviation company reported a net loss of $17.

TORONTO — The union that represents half of the employees at Vice Canada's office in Toronto says it's disappointed by reports that its U.S. parent plans about 155 layoffs worldwide.

TORONTO — About one in three workers in Ontario has been affected by the economic shutdown caused by the COVID-19 pandemic, the province's fiscal watchdog said Friday, warning that the impacts will be more profound the longer business closures contin

OTTAWA — Canadian home sales plunged to levels not seen in almost 40 years in April as the COVID-19 outbreak forced distancing measures and created economic uncertainty. Home sales were down 57.

EDMONTON — Aurora Cannabis Inc.'s interim chief executive says the COVID-19 boom in cannabis sales has dissipated.

OTTAWA — Canada's telecommunications regulator has rejected a call to get more actively involved in safeguarding privacy if cellphone and internet apps are used to trace COVID-19's spread.

WASHINGTON — American industry suffered the most severe plunge on record last month with factories, mines and utilities battered by the coronavirus pandemic. The Federal Reserve said Friday that its industrial production index tumbled a record 11.

BERLIN — The German economy shrank by 2.2% in the first quarter compared with the previous three-month period as shutdowns in the country and beyond started to bite, official data showed Friday.