National Business

TORONTO — The S&P/TSX composite continued its rally Friday, rising more than 120 points and closing above 20,000 points for the first time since late August, while U.S. markets also rose. The S&P/TSX composite index was up 121.

MYKOLAIV, Ukraine (AP) — Ukraine’s president said Friday that special military units have entered Kherson, a major regional capital that Russian forces had captured early in the war.

NEW YORK (AP) — Wall Street tacked more onto its stupendous surge from a day before, leaving the market with its biggest weekly gain since the summer. The S&P 500 rose 0.9% Friday, and the Nasdaq rose twice as much.

NEW YORK (AP) — It took less than a week for FTX to go from the third-largest cryptocurrency exchange in the world to bankruptcy court.

Twitter's relaunched premium service — which grants blue-check “verification” labels to anyone willing to pay $8 a month — was unavailable Friday after the social media platform was flooded by a wave of imposter accounts it itself had approved.

MONTREAL — A recent data breach on Sobeys has revealed a larger issue in Canada's agri-food sector, an expert said.

TORONTO — It's been a wild week in the crypto market following the collapse of exchange platform FTX, but an industry insider says that while the situation is probably one of the most unfortunate events in the history of the asset class, it's not the

SHARM EL-SHEIKH, Egypt (AP) — The Biden administration on Friday ramped up efforts to reduce methane emissions, targeting the oil and gas industry for its role in global warming even as President Joe Biden has pressed energy producers for more oil dr

TORONTO — Manulife Financial Corp. says it will name Don Lindsay as chair of the company's board early next year. Lindsay will replace John Cassaday, who will retire in February after 30 years on the Manulife board, including the past five as chair.

TORONTO — Gerry Schwartz, founder of Toronto-based private equity firm Onex Corp., will step down from his role as CEO of the company after nearly 40 years. The billionaire, who turns 81 this month, will remain chairman of Onex.