Business

Ikea, Roots join other retailers in closing doors due to COVID-19 outbreak

More major Canadian retailers joined the effort to contain the novel coronavirus…

Ford, GM: North American factories will close due to virus

DETROIT — Ford and General Motors are confirming that they will temporarily…

Travel grinds to a halt, plants close, as virus takes hold

NEW YORK — The number of confirmed cases of the new coronavirus…

Canadian banks move to help customers, allow deferral of mortgage payments

TORONTO — Canada’s big banks are moving to provide financial breathing room…

World virus infections hit 200,000; Borders jammed in Europe

BERLIN — Desperate travellers choked European border crossings Wednesday after countries implemented…

  • Mar 18, 2020

FedEx posts lower profit, drops guidance due to coronavirus

FedEx posted surprisingly strong revenue in its latest fiscal quarter, but the…

More wipes, no jeans: Amazon limits shipments to warehouses

NEW YORK — To make room for toilet paper, hand sanitizer and…

Enmax wins regulator approval to buy Emera Inc.’s Maine electricity utility

CALGARY — The sale of Halifax-based Emera Inc.’s Maine power utility to…

Airbnb, hotels seek U.S. government aid as demand flattens

Airbnb and U.S. hotel companies are requesting federal assistance to deal with…

TransAlta buying cogeneration plant in Michigan for US$27 million

CALGARY — TransAlta Corp. has acquired a cogeneration facility in Michigan from…

Statistics Canada reports manufacturing sales down 0.2% in January

OTTAWA — Statistics Canada says manufacturing sales fell 0.2 per cent to…

Airports poised to lose $1.3 billion amid travel collapse, says industry group

Canadian airports are poised to lose $1.3 billion amid an ongoing global…

Small businesses fear bankruptcy, want government action amid COVID-19

TORONTO — Entrepreneurs across the country worry they may have to shut…

Grocers reassure customers about food supply as demand soars during coronavirus

Canada’s grocery stores won’t run out of food and essentials despite unprecedented…

Conference Board says Canada to avoid technical recession despite hit

TORONTO — The Conference Board of Canada expects the country will avoid…

More retailers shutter doors, limit services amid coronavirus outbreak

More retailers are closing their doors or shifting to take-out orders only…

Retail sales fall 0.5% in February, biggest drop since 2018

WASHINGTON — Retail sales fell 0.5% in February, the largest drop in…

Big banks working together to limit branch hours, reduce number of branches

TORONTO — The Canadian Bankers Association says the country’s six biggest banks…

Small businesses already seeing drop in sales due to COVID-19: CFIB survey

TORONTO — A new survey suggests half of Canada’s small businesses have…

Food app services, post office workers urged to minimize contact with deliveries

TORONTO — Food service couriers and mail carriers are being encouraged to…