National Business

TORONTO — Canada's main stock index ended up for the week despite slipping Friday after a June jobs report reinforced expectations that the central bank will pursue another aggressive interest rate hike next week.

OTTAWA — The Canadian economy recorded its first monthly loss of jobs since start of the year in June, but the labour market continued to be exceptionally tight as the unemployment rate fell again and wages moved higher.

Canadian apparel brand Knix Wear Inc., maker of leakproof underwear for periods and incontinence, has a new majority shareholder.

WASHINGTON (AP) — A strong hiring report for June has assuaged fears that the U.S. economy might be on the cusp of a recession — and highlighted the resilience of the nation's job market.

MONTREAL — Canadian restaurant franchisor and operator MTY Food Group Inc. is seeing a rebound in sales and traffic even as it grapples with inflation, supply chain snags and ongoing labour shortages.

OTTAWA — Canada's national unemployment rate was 4.9 per cent in June. Here are the jobless rates last month by province (numbers from the previous month in brackets): _ Newfoundland and Labrador 9.9 per cent (10.0) _ Prince Edward Island 4.

OTTAWA — The national unemployment rate was 4.9 per cent in June. Statistics Canada also released seasonally adjusted, three-month moving average unemployment rates for major cities.

MONTREAL — The union representing some 2,400 Via Rail Canada employees has issued a strike notice that could see workers off the job on Monday.

OTTAWA — A quick look at Canada's June employment (numbers from the previous month in brackets): Unemployment rate: 4.9 per cent (5.1) Employment rate: 61.7 per cent (61.9) Participation rate: 64.9 per cent (65.

BERLIN (AP) — German energy supply giant Uniper said Friday it is asking the government for a bailout amid a growing natural gas crunch due to the war in Ukraine.