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National Business
National Business
3M cutting another 2,900 global jobs in second restructuring within a year
LONDON, Ont. — The maker of Post-it notes and industrial coatings says an additional 2,900 jobs will be cut around the world following another restructuring, this time spurred on by the COVID-19 pandemic.
Dec 3, 2020 1:12 PM
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TD CEO pushes 'cautious optimism' after bank reported $5.14B profit in Q4
TORONTO — TD Bank Group's chief executive is ending 2020 without budging from a message he's been pushing almost every quarter this year: "cautious optimism.
Dec 3, 2020 12:59 PM
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WSP Global shares surge with deal to buy Ontario's Golder Associates for $1.5 billion
MONTREAL — WSP Global Inc. has secured a transformation deal to take advantage of the world's green transition after agreeing to buy Ontario's employee-owned Golder Associates for about $1.5 billion.
Dec 3, 2020 12:48 PM
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Toronto buy now, pay later company PayBright to be bought by U.S.'s Affirm for $340M
TORONTO — One of Canada's top buy now, pay later finance companies is being purchased by an American rival. San Francisco-based Affirm says it has a reached a deal to buy Toronto's PayBright for $340 million.
Dec 3, 2020 12:44 PM
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OPEC, Russia to nudge up oil output after hit from pandemic
FRANKFURT — OPEC and allied countries including Russia agreed Thursday to increase oil production by 500,000 barrels a day from January and said they would meet monthly to decide further output levels, gingerly adding more crude to a global economy s
Dec 3, 2020 12:38 PM
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In seismic shift, Warner Bros. to stream all 2021 films
NEW YORK — In the most seismic shift by a Hollywood studio yet during the pandemic, Warner Bros. Pictures on Thursday announced that all of its 2021 film slate — including a new “Matrix” movie, “Godzilla vs.
Dec 3, 2020 12:12 PM
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Ryanair gives Boeing a boost by ordering 75 more Max jets
Irish budget airline Ryanair said Thursday it is ordering 75 more Boeing 737 Max jets, a boost for Boeing just before its most important plane returns to flying after two deadly crashes.
Dec 3, 2020 11:42 AM
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Gift cards remain popular despite pandemic but come with a risk if store closes
TORONTO — Chris Corson has soured on gift cards this holiday season after the store she planned to spend them at was one of the growing casualties of the COVID-19 pandemic.
Dec 3, 2020 10:19 AM
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Banks see mix of hope and concerns in 2021 as COVID-19 continues to spread
TORONTO — Canada's big banks are seeing their first glimmers of hope that an economic rebound is on its way, but their leaders say there’s still plenty to be wary of.
Dec 3, 2020 10:17 AM
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Toronto home sales surge 24.3 per cent in November, but condo prices fall
TORONTO — November brought a sense of urgency to the Toronto real estate market, where COVID-19 has people buying and selling homes for "completely different reasons" than before the pandemic, according to Peel-based broker Bethany King.
Dec 3, 2020 10:04 AM
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