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National Business
National Business
N.L. warns of exodus of oil and gas industry without more federal help
ST. JOHN'S, N.L. — Newfoundland and Labrador's government is looking for a rapid answer from Ottawa on its request for aid for the offshore oil sector in light of a quickening exodus of exploration rigs from the province.
May 26, 2020 9:10 PM
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Stanley Ho, who built Macao's gambling industry, dies at 98
HONG KONG — Casino tycoon Stanley Ho, whose business empire dominated the Portuguese gambling enclave of Macao for decades, died Tuesday in Hong Kong at age 98.
May 26, 2020 8:22 PM
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Kansas governor vetoes limits on her power but loosens rules
TOPEKA, Kan.
May 26, 2020 7:35 PM
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Stocks rise on Wall Street, but US braces for 100,000 deaths
NEW YORK — Stocks surged on Wall Street to their highest levels since the business shutdowns took hold in the U.S.
May 26, 2020 7:23 PM
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National Bank reports Q2 net income of $379 million, beats analyst expectations
MONTREAL — National Bank of Canada's net income plunged 32 per cent in its second quarter as it put aside five times the provisions for credit losses than it did a year ago due to the economic storm triggered by the COVID-19 pandemic.
May 26, 2020 7:00 PM
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Air Canada seeks to raise more than $1B to boost cash position amid COVID-19
MONTREAL — Air Canada is hoping to raise more than $1 billion in share and debt offerings to bolster its cash position amid the financial devastation of the COVID-19 pandemic.
May 26, 2020 6:28 PM
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Cascades to close containerboard plant in Burlington, Ont., affecting 45 workers
KINGSEY FALLS, Que. — Cascades Inc. says it will close its Brown containerboard plant in Burlington, Ont., by the end of July, a decision that will affect the 45 employees. The Kingsey Falls, Que.
May 26, 2020 5:43 PM
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Most actively traded companies on the TSX
TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (15,148.12, up 72.70 points.) HEXO Corp. (TSX:HEXO). Health care. Down 12 cents, or 11 per cent, to 97 cents on 16.8 million shares.
May 26, 2020 5:32 PM
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Tilray Inc. to close Leamington, Ont., greenhouse over next 6 weeks
NANAIMO, B.C. — Tilray Inc. says it will close a licensed cannabis greenhouse in Ontario, which will save the company millions of dollars a year. The Nanaimo, B.C.
May 26, 2020 5:18 PM
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TSX gets lift from financials, U.S. markets rise to highest levels since March
TORONTO — Canada's main stock index got a lift from the heavyweight financials sector, while U.S. markets surged to their highest levels in more than two months on improving sentiment from economic reopenings.
May 26, 2020 5:12 PM
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