National Business

TOKYO — A United Arab Emirates spacecraft rocketed into blue skies from a Japanese launch centre Monday at the start of a seven-month journey to Mars on the Arab world’s first interplanetary mission.

TORONTO — Five things to watch for in the Canadian business world in the coming week: May retail trade Statistics Canada will release retail trade figures for May on Tuesday. The agency said retail sales fell by a record 26.4 per cent to $34.

TORONTO — Leave the doors open and all the lights on. That's one of the many new guidelines for people opening their homes — perhaps for the first time in months — so real estate agents can host open houses.

WASHINGTON — The International Monetary Fund predicted Friday that the U.S. economy will shrink 6.6% this year, pounded by the coronavirus and the lockdowns meant to contain it.

New York City was cleared Friday to take the next step in its reopening next week, allowing movie and TV crews to film, zoos to welcome reduced crowds, professional sports teams to play to empty seats.

NEW YORK — A personal assistant arrested Friday in the death and dismemberment of a 33-year-old tech entrepreneur was believed to have owed his boss a “significant amount of money,” New York City police said.

TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (16,123.48 , up 98.98 points.) Algonquin Power & Utilities (TSX:AQN). Utilities. Up 15 cents, or 0.81 per cent, to $18.74 on 5.

TORONTO — Canada's main stock index rose for a third straight week to the highest closing since March on continuing gains from gold and the strength of the country's railways. The S&P/TSX composite index closed up 98.98 points at 16,123.

TRAVERSE CITY, Mich. — Michigan sought a pledge Friday from Enbridge Inc. to cover costs that would arise if oil were to leak from its dual pipelines that extend across a channel linking two of the Great Lakes.

TORONTO — The Mobile Klinik chain of smartphone repair and resale shops plans to speed up its expansion with the help of its new owner, Telus Corp.