National Business

BRUSSELS — The European Union is planning to tighten rules on foreign investment in its 27 members and boost production autonomy for sensitive strategic goods, two measures bound to hit China — amid already precarious relations between the two massiv

WASHINGTON — Activity in the U.S. services sector, where most Americans work, slowed slightly in April after hitting an all-time high in March.

HALIFAX — Chorus Aviation Inc. has signed a three-year contract with Purolator Inc. for air cargo charter services. The agreement follows the completion of an initial six-month trial.

MISSISSAUGA, Ont. — Maple Leaf Foods Inc. says it earned a profit of $47.7 million in its latest quarter as an improvement in its meat protein group helped its revenue edge higher.

LOS ANGELES — A U.S.

LOS ANGELES — An aspiring actor was indicted Tuesday in Los Angeles on suspicion of running a massive Ponzi scheme that solicited hundreds of millions of dollars from investors for phoney Hollywood film licensing deals, federal prosecutors said.

TORONTO — The number of shares traded on Canadian stock markets decreased last month by the most since the start of the COVID-19 pandemic. According to statistics released by TMX Group Ltd.

MONTREAL — Insolvent beverage retailer DavidsTea Inc. says it will ask its creditors to approve a plan of arrangement next month to distribute about $18 million to creditors in Canada and the U.S.

NEW YORK — Two sporting events last week — the Kentucky Derby and first round of the NFL draft — pulled in more television viewers than the Oscars, something inconceivable only a couple of years ago. The Nielsen company said 14.

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (19,188.03, down 25.13 points.) Suncor Energy Inc. (TSX:SU). Energy. Up one cent, or 0.04 per cent, to $26.94 on 10.8 million shares.