National Business

DUBAI, United Arab Emirates — The Middle East's energy producers are expected to earn $270 billion less in oil revenue compared to last year as the region's economic heavyweight, Saudi Arabia, sinks deeper into recession amid the coronavirus pandemic

MONTREAL, Ont. — Intertape Polymer Group Inc. says its second-quarter revenue was substantially above its expectations due to strong demand as customers resumed activity following their COVID closures.

TORONTO — Five things to watch for in the Canadian business world in the coming week: Statistics Canada report Statistics Canada is scheduled to release its analysis of the effects of changing consumption patterns on consumer price indexes on Monday.

TAIPEI, Taiwan — Taiwan wrapped up an annual film festival with an awards ceremony Saturday night, as the island holds more public events after keeping its coronavirus outbreak to a few hundred cases.

MONTREAL — A Paris-based game developer is cutting ties with the managing director of its Canadian studios as the company continues to grapple with allegations of misconduct.

TORONTO — A Canadian investment firm attempting to purchase Torstar Corp. has upped its bid in response to a rival offer for the media conglomerate.

DALLAS — The coronavirus pandemic has taken away another summertime tradition in the U.S.: There will be no free Slurpees at 7-Elevens on Saturday — July 11 — to hail a date that doubles as an abbreviation of the convenience store chain's name.

DALLAS — An unopened copy of a vintage Super Mario Bros. video game has been sold for $114,000 in an auction that underscored the enduring popularity of entertainment created decades ago.

TORONTO — A plan to operate NHL game hubs in Edmonton and Toronto could draw hundreds of hockey players and staff to both Canadian cities, but business experts say their presence won't give a huge boost to local economies.

CALGARY — Shaw Communications Inc.'s third-quarter revenue and profit were down from the same time last year due to COVID-19's impact, but the cable and wireless company still beat expectations Friday.