National Business

ST. JOHN'S, N.L. — There's no way the Newfoundland and Labrador government can afford Husky Energy’s request for a massive oil project buy-in, Premier Andrew Furey said Monday.

The short-video app TikTok has chosen Oracle as its corporate saviour to avoid a U.S. ban ordered by President Donald Trump. The U.S. government will review the prospective deal. That much is known.

WASHINGTON — Automaker Daimler AG and subsidiary Mercedes-Benz USA have agreed to pay $1.5 billion to the U.S. government and California state regulators to resolve emissions cheating allegations, officials said Monday. The U.S.

TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (16,360.14, up 137.68 points.) Suncor Energy Inc. (TSX:SU). Energy. Down 37 cents, or 2.03 per cent, to $17.82 on 15.8 million shares.

TORONTO — Promising news in health care and some big technology deals helped fuel a broad-based rebound on stock markets in Canada and the U.S on Monday after last week's sharp downturn.

WINNIPEG — The Manitoba government is once again expanding a wage-subsidy program designed to help create jobs during the COVID-19 pandemic.

LONDON — GardaWorld, the world’s largest privately owned security company, said Monday it was making an cash offer worth C$5.2 billion for G4S, a London-based rival that has rejected or ignored the Canadian company's previous approaches.

CALGARY — Calfrac Well Services Ltd. is postponing a vote on its recapitalization plan following an unsolicited takeover offer for the company by Texas-based Wilks Brothers LLC last week.

TORONTO — When Myriam Maguire sits down to design footwear for her fashion boutiques in Montreal and Toronto, glamour and special occasions are often on her mind.

NEW YORK — Amazon will hire another 100,000 people to keep up with a surge of online orders. The company said Monday that the new hires will help pack, ship or sort orders, working in part-time and full-time roles.