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National Business

Here's why Ant Group is about to shatter IPO records

Here's why Ant Group is about to shatter IPO records

HONG KONG — Stella Su, who lives and works in Shanghai, has used an ATM only once in the past year.
Governor bans indoor dining in Chicago as virus cases surge

Governor bans indoor dining in Chicago as virus cases surge

SPRINGFIELD, Ill. — Surging COVID-19 cases in Chicago prompted Gov. J.B. Pritzker on Tuesday to ban indoor dining and bar services and limit the number of people gathering in one place.
HBC sues landlord of Yorkdale, Square One claiming failure to run 'first class' malls

HBC sues landlord of Yorkdale, Square One claiming failure to run 'first class' malls

TORONTO — Hudson's Bay Co. has filed a lawsuit against the landlord of several of its department stores, alleging a failure to operate and maintain "first class shopping centres.

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (16,020.94, down 58.61 points.) Cenovus Energy Inc. (TSX:CVE). Energy. Up 30 cents, or 6.7 per cent, to $4.77 on 14 million shares.
North American stock markets flat a week ahead of U.S. election

North American stock markets flat a week ahead of U.S. election

TORONTO — North American stock markets were relatively flat Tuesday with corporate earnings dictating the share performance of individual companies.
Vancouver miner says sale of oilsands stake more likely as output allowed to rise

Vancouver miner says sale of oilsands stake more likely as output allowed to rise

VANCOUVER — The Alberta's government's decision last week to end its oil production curtailment program in December will help advance a plan by Teck Resources Ltd. to sell its stake in the Fort Hills oilsands mine, says CEO Don Lindsay.
'We need a champion in government': Tech CEOs want prosperity strategy from Trudeau

'We need a champion in government': Tech CEOs want prosperity strategy from Trudeau

More than 130 Canadian tech leaders are calling on the prime minister to create a prosperity plan because they say the country won't excel without support for innovators and the government has been slow to offer help.
Cenovus targets 20 to 25 per cent workforce reductions following Husky takeover

Cenovus targets 20 to 25 per cent workforce reductions following Husky takeover

CALGARY — Cenovus Energy Inc. is aiming to cut as many as one in four jobs — potentially more than 2,000 workers — if it succeeds in its $3.8-billion friendly takeover of rival Husky Energy Inc.
Workers at two more Indigo bookstores vote to unionize, bringing total to three

Workers at two more Indigo bookstores vote to unionize, bringing total to three

Workers at two more Indigo Books and Music Inc. stores have voted in favour of unionization, bringing the total to three locations. Bookstore employees at an Indigo in Montreal and a Chapters in Coquitlam, B.C.
Halifax travel agency seeking to extend Atlantic bubble to Cuban resort this winter

Halifax travel agency seeking to extend Atlantic bubble to Cuban resort this winter

HALIFAX — A Halifax travel agency is offering two weeklong trips to Cuba reserved exclusively for residents of the Atlantic Canada bubble.