National Business

LONDON — Energy company BP is writing down its oil and gas assets by as much as $17.

As the COVID-19 pandemic shut down large parts of the economy and upended the way many companies do business, Canadian consumers were watching, and judging.

TORONTO — The Rogers family is making a $60-million donation to various charities across Canada to help those hurt financially by the COVID-19 pandemic.

LONDON, Ont. — The Ivey Business School at Western University has appointed former Bank of Canada governor Stephen Poloz as advisory council chair of its Lawrence National Centre for Policy and Management.

REGINA — Saskatchewan Finance Minister Donna Harpauer will present the province's budget today. The government and Opposition NDP have agreed to meet for a 14-day sitting starting June 15, but only some members will be returning to the legislature.

MANILA, Philippines — An award-winning journalist critical of the Philippine president was convicted of libel and sentenced to jail Monday in a decision called a major blow to press freedom in an Asian bastion of democracy.

TORONTO — Five things to watch for in the Canadian business world in the coming week: May home sales Canadian Real Estate Association expected to release home sales figures for May on Monday.

Temperature checks. Bigger lines. Fewer meals. No alcohol. And ultimately, higher prices.

BEIJING — China on Sunday reported its highest daily total of new coronavirus cases in two months after the capital's biggest wholesale food market was shut down following a resurgence in local infections.

TORONTO — International movie theatre chain Cineworld PLC says its deal to buy Cineplex Inc. for $2.8 billion is off, claiming that "certain breaches" of the contract were made by the Canadian company.