National Business

MONTREAL — Air Canada is suspending flights to and from Italy, saying the decision was prompted by Italian regulations and "ongoing health and safety concerns" related to the outbreak of a novel coronavirus.

After a string of sexual crime allegations and legal troubles that have ensnared its founder, The Nygard Group of Companies is facing its latest challenge: a corporate restructuring.

TORONTO — Sara McIntyre started her side business by accident. The Toronto-based law clerk had been making soaps in her spare time as a hobby.

HALIFAX — Nova Scotia's lobster industry has taken a tentative step aimed at reopening its crucial export market in China.

BEIJING — Global stock markets rebounded Tuesday from record-setting declines after U.S. President Donald Trump said he would ask Congress for a tax cut and other measures to ease the pain of the spreading coronavirus outbreak.

FREDERICTON — The New Brunswick government tables its 2020-2021 provincial budget today, but the focus for most people will be more on the politics than the finances.

BANGKOK — British supermarket chain Tesco has agreed to a $10.6 billion deal to sell all its stores in Thailand and Malaysia to companies belonging to the CP Group, Thailand's biggest conglomerate.

An Ontario-based holistic clinic is among seven North American companies warned by U.S. regulators to stop selling products with false claims that they can treat the new coronavirus. The U.S.

TORONTO — Canada's biggest financial institutions are making sweeping changes to their trading operations to protect against a novel form of coronavirus, which one bank confirmed it has already faced in its workforce.

TORONTO — Canada's main stock index had its worst day in more than three decades, closing down 10.3 per cent Monday as a collapse in oil prices triggered a plunge in the energy sector and the loonie. The S&P/TSX composite index lost 1,660.