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National Business
National Business
Deutsche Bank says it won't back any new oilsands or coal projects
CALGARY — Frankfurt-based Deutsche Bank is joining a lengthening list of European lenders and insurance companies that say they won't back new oilsands projects.
Jul 27, 2020 3:47 PM
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MEG Energy records bigger Q2 loss on lower oil prices, reduced bitumen output
CALGARY — Oilsands producer MEG Energy Corp. is reporting a higher second-quarter net loss on voluntarily curtailed bitumen production and lower oil prices.
Jul 27, 2020 3:09 PM
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Target joins Walmart in ending Thanksgiving store shopping
NEW YORK — Target is joining Walmart in closing its stores on Thanksgiving Day, ending a decadelong tradition of jump-starting Black Friday door buster sales.
Jul 27, 2020 2:30 PM
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US won’t expel migrant children detained in Texas hotel
HOUSTON — The Trump administration has agreed not to expel a group of immigrant children it detained in a Texas hotel under an emergency declaration citing the coronavirus and will instead allow them to seek to remain in the U.S.
Jul 27, 2020 2:20 PM
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Most actively traded companies on the TSX
TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (16,161.33, up 164.27) Bombardier Inc. (TSX:BBD.B). Industrials. Unchanged at $0.43 on 10.09 million shares. Zenabis Global Inc.
Jul 27, 2020 2:14 PM
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Canada's main stock market climbs, price of gold hits record high
TORONTO — The price of gold soared to a record high Monday, boosting Toronto's main stock index to a triple-digit gain. "That's certainly the big story today," said Michael Currie, vice-president and investment adviser at TD Wealth.
Jul 27, 2020 2:03 PM
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Port of Montreal longshoremen's union launches four-day strike over working hours
MONTREAL — Longshoremen at the Port of Montreal launched a four-day strike on Monday morning, throwing a potential wrench into the economic recovery amid COVID-19.
Jul 27, 2020 1:43 PM
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AirBoss stock jumps to five-year high on news of another COVID respirator contract
NEWMARKET, Ont. — AirBoss of America Corp. shares shot to a five-year high Monday after the Ontario company got a contract worth up to US$121 million to supply air purifying respirators to the U.S. government. The shares hit an intraday high of $24.
Jul 27, 2020 1:27 PM
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'Tenet' to open in Canada and other international markets a week before U.S.
NEW YORK — In the latest plan for Hollywood’s hopeful return to moviegoing during the pandemic, Warner Bros. will release Christopher Nolan's “Tenet” in an unprecedented fashion, opening it internationally first, with a U.S.
Jul 27, 2020 12:33 PM
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Aviva insurance faces class action lawsuit from hotels denied COVID coverage
TORONTO — Canadian hotels are the latest group to launch a class action lawsuit resulting from COVID-19 after they were denied insurance coverage for business income lost because of the pandemic.
Jul 27, 2020 12:26 PM
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