National Business

WASHINGTON — The International Monetary Fund is downgrading its outlook for the world economy for 2023, including Canada's, citing threats that include labour shortages and excess market demand.

Hockey Canada is continuing to lose major sponsorships as the fallout from its mishandling of sexual assault allegations deepens.

MONTREAL — WSP Global Inc. is giving up its effort to buy British consulting firm RPS Group plc. The Montreal-based company says it will not be revising its offer for the company in the face of a rival offer by Tetra Tech Inc.

NEW YORK (AP) — Stocks are opening lower on Wall Street as markets received some more discouraging news on the global economy. The S&P 500 was down 0.7% in the early going Tuesday.

TORONTO — Cineplex Inc. says its box office revenue amounted to $23 million in September, a total representing 52 per cent of the figure for September 2019 before the pandemic pummeled the movie theatre industry.

VANCOUVER — Westshore Terminals Investment Corp. says it has reached a tentative agreement with the International Longshore and Warehouse Union, ending a strike that began last month. The company says work resumed at the terminal on Oct. 9.

STOCKHOLM (AP) — Former Federal Reserve Chair Ben Bernanke and two other U.S.

NEW YORK (AP) — Kanye West once suggested slavery was a choice. He called the COVID-19 vaccine “the mark of the beast.” Earlier this month, he was criticized for wearing a “White Lives Matter” T-shirt to his collection at Paris Fashion Week.

KYIV, Ukraine (AP) — Russia retaliated Monday for an attack on a critical bridge by unleashing its most widespread strikes against Ukraine in months, a lethal barrage that smashed civilian targets, knocked out power and water, shattered buildings and

NEW YORK — Wall Street added to its recent string of losses Monday, as stocks fell ahead of a busy week of inflation updates and the start of corporate earnings reporting season. The S&P 500 fell 0.7%, extending its losing streak to a fourth day.