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S&P/TSX composite up despite plunge in oil prices for second Monday in a row
TORONTO — Canada's main stock index started the trading week higher even though the price of oil futures plunged for a second consecutive Monday.
Apr 27, 2020 3:21 PM
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Ontario unveils broad outline for reopening economy in three stages
TORONTO — Ontario Premier Doug Ford released a broad outline Monday of how — but not when — the province's economy will reopen, while predicting there will never be a complete return to the old way of life.
Apr 27, 2020 1:52 PM
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Porter planes to remain grounded through June due to COVID-19 pandemic
Porter Airlines is extending its suspension of all flights by another four weeks until June 29 due to the COVID-19 pandemic. The Toronto-based carrier stopped flying on March 21 as travel controls and rising public health concerns choked off demand.
Apr 27, 2020 1:47 PM
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Virus is expected to reduce meat selection and raise prices
DES MOINES, Iowa — Meat isn't going to disappear from supermarkets because of outbreaks of the coronavirus among workers at U.S. slaughterhouses.
Apr 27, 2020 1:24 PM
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Over 4 million UK jobs furloughed under government scheme
LONDON — More than 4 million jobs have been saved in the U.K. as a result of a government scheme aimed at making sure firms hold onto staff during the coronavirus lockdown, Treasury chief Rishi Sunak said Monday.
Apr 27, 2020 1:02 PM
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Restaurants relying on Uber Eats angry about weekend outage amid COVID-19
TORONTO — Restaurants using Uber Eats in Ontario over the weekend say they experienced outages that left them unable to deliver meals to customers.
Apr 27, 2020 12:09 PM
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Deutsche Bank net profit falls due to pandemic
FRANKFURT — Deutsche Bank has reported that its net income fell to 66 million euros ($72 million) in the first quarter as the pandemic hurt its business.
Apr 27, 2020 10:04 AM
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Questions swirl as Fed meets amid deepening economic crisis
WASHINGTON — The Federal Reserve has largely calmed turbulent financial markets. Yet a far tougher task remains: Helping rescue an economy and job market that appear to be free-falling into the worst catastrophe since the Great Depression.
Apr 27, 2020 10:03 AM
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Silvercorp Metals strikes $105-million deal to buy Guyana Goldfields
VANCOUVER — Silvercorp Metals Inc. says it has struck a deal to buy Guyana Goldfields Inc. in a cash-and-shares transaction worth about $105 million.
Apr 27, 2020 10:01 AM
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DavidsTea reports Q4 sales down from year ago, but e-commerce and wholesale up
MONTREAL — DavidsTea Inc. said Monday it faces the possibility of being delisted from the Nasdaq due to its low stock price as it provided an operational update amid the COVID-19 pandemic.
Apr 27, 2020 9:56 AM
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