National Business

LONDON — One London community is evacuating some 800 households from five publicly owned apartment towers because of safety concerns following the devastating fire that killed 79 people in a west London high-rise last week.

Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (15,319.56, up 99.66 points): BlackBerry Ltd. (TSX:BB). Wireless communications. Down $1.80, or 12.28 per cent, to $12.86 on 6.8 million shares.

TORONTO — Canada's main stock index rallied on the strength of resource stocks Friday, but shares in BlackBerry plunged after its first-quarter revenue failed to meet expectations. The Toronto Stock Exchange's S&P/TSX composite index moved up 99.

FRANKFURT — The European Central Bank says two troubled Italian banks will be wound down because they were about to fail. The two banks are Veneto Banca and Banca Popolare di Vicenza.

WATERLOO, Ont. — BlackBerry CEO John Chen defended his plan to grow the software business as its shares tumbled Friday after reporting revenue that fell short of expectations.

KANSAS CITY, Mo. — A Kansas federal jury awarded nearly $218 million on Friday to farmers who sued Swiss agribusiness giant Syngenta over its introduction of a genetically engineered corn seed variety.

TORONTO — CIBC closed its acquisition of Chicago-based PrivateBancorp on Friday, securing its foothold in the U.S. where CEO Victor Dodig said the bank hopes to one day generate a quarter of its earnings.

WASHINGTON — President Donald Trump is crediting himself with the idea of building a Mexico border wall of solar panels. But that looks to be a borrowed brainwave; others pitched a solar wall back when he was a skeptic of tapping power from the sun.

BRUSSELS — The European Union and Britain on Friday tripped over the first item in their Brexit talks — protecting the rights of each other's citizens — highlighting the potential for trouble ahead in their marathon negotiations.

WASHINGTON — It was at Oregon's Timberline Lodge, later known as a setting in the horror movie "The Shining," where Patrick Doyle earned his first real paycheque . He was a busboy. The job didn't pay much.