Magna International, Canada's leading auto parts supplier, has reported second-quarter results that failed to meet analysts' expectations, primarily due to a decrease in vehicle production and the termination of certain automotive programs.

Magna International's Q2 results fall short as vehicle production challenges mount

Prominent Canadian businessman Frank Stronach, 91, was on Friday (June 7) arrested and charged over alleged sexual assaults dating back to decades. He was charged with five criminal offences including sexual assault and rape, the news agency Reuters reported citing police.

Canadian businessman Frank Stronach arrested over alleged decades-long sexual assaults

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Magna International's Q2 results fall short as vehicle production challenges mount

Canadian businessman Frank Stronach arrested over alleged decades-long sexual assaults