National Business

MONTREAL — The new chief executive of Canadian National Railway Co. did not apologize on behalf of her company for the absence of francophones on its board of directors.

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.

Repare Therapeutics Inc. has struck a deal with pharmaceutical giant F. Hoffman-La Roche AG that could be worth more than US$1 billion.

TORONTO, Kan. — Many investors may have to turn to their parents and grandparents for advice on how to weather stagflation.

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

WASHINGTON (AP) — Fewer Americans applied for jobless aid last week with the number of Americans collecting unemployment at historically low levels.

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.

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.

KYIV, Ukraine (AP) — The U.S.

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.