National Business

TOKYO (AP) — Japan’s parliament approved tougher penalties for criminal defamation Monday in a move prompted by a bullied wrestler's suicide and that is raising free speech concerns.

PARIS (AP) — French President Emmanuel Macron’s centrist alliance is expected to keep its parliamentary majority after the first round of voting Sunday, but will likely have far fewer seats than five years ago, according to projections.

Move over Maverick, the dinosaurs have arrived to claim their throne. “Jurassic World: Dominion” took a mighty bite out of the box office with $143.4 million in North American ticket sales, according to studio estimates Sunday.

TORONTO — The long wait for shorter wait times on resolving bank complaints is almost over as part of a raft of updates to banking regulations set to come into force.

TORONTO — Five things to watch for in the Canadian business world in the coming week: Household debt: Statistics Canada will release its household debt data for the first quarter on Monday.

COLOMBO, Sri Lanka (AP) — Sri Lanka may be compelled to buy more oil from Russia as the island nation hunts desperately for fuel amid an unprecedented economic crisis , the newly appointed prime minister said.

VANCOUVER — Loretta Rogers, the matriarch of the Rogers family and long-time director at telecom giant Rogers Communications Inc., has died at the age of 83.

TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (20,274.82, down 289.07 points.) Cenovus Energy Inc. (TSX:CVE). Energy. Down 61 cents, or two per cent, to $30.09 on 12.5 million shares.

WASHINGTON (AP) — The prices of gas, food and most other goods and services jumped in May, raising inflation to a new four-decade high and giving American households no respite from rising costs. Consumer prices surged 8.

TORONTO — Higher-than-expected U.S. inflation prompted a selloff across North American stock markets as investors fear the Federal Reserve will hike interest rates even more aggressively and push the economy into recession.