Skip to content

National Business

Asia Today: Thailand lets in some foreigners, opens schools

Asia Today: Thailand lets in some foreigners, opens schools

BANGKOK — Thailand has begun a fifth phase of relaxations of COVID-19 restrictions, allowing the reopening of schools and high-risk entertainment venues such as pubs and massage parlours that had been shut since mid-March.
Lebanon’splea to skeptical expats: Come visit,bring cash

Lebanon’splea to skeptical expats: Come visit,bring cash

BEIRUT — With Beirut’s airport partially reopening from a three-month virus shutdown, the government is hoping thousands of Lebanese expatriates will return for the summer — and bring dollars desperately needed to prop up the crashing economy.

Mexico's legacy airline Aeromexico files for bankruptcy

MEXICO CITY — Mexico’s oldest legacy airline, Aeromexico, said Tuesday it has filed for Chapter 11 reorganization, a form of bankruptcy in which the carrier can keep operating while its debts and obligations are sorted out.
Air Canada cutting 30 domestic routes, closing stations at eight airports

Air Canada cutting 30 domestic routes, closing stations at eight airports

MONTREAL — Air Canada is suspending service on 30 regional routes and closing eight stations at smaller Canadian airports as the COVID-19 pandemic continues to batter the travel industry.

Fitch reduces Alberta credit rating, cites concerns on heavy borrowing

EDMONTON — Alberta's plan to relaunch its economy is taking a hit right out of the starting gate. The United States-based Fitch rating agency has announced it's reducing Alberta's credit rating to AA- from AA.

Most actively traded companies on the TSX

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (15,515.22, up 125.50 points.) Bonavista Energy Corp. (TSX:BNP). Energy. Down half a cent, or 9.09 per cent, to five cents on 20.
Consumer shopping habits have changed during COVID-19 pandemic, says Couche-Tard

Consumer shopping habits have changed during COVID-19 pandemic, says Couche-Tard

Alimentation Couche-Tard says shopping patterns have changed during COVID-19 lockdowns with consumers purchasing larger-sized goods and stocking up on beer, wine and tobacco products.
TSX has best quarter in more than a decade as gold hits nine-year high

TSX has best quarter in more than a decade as gold hits nine-year high

TORONTO — Canada's main stock index ended its best quarter in more than a decade as the price of gold reached its highest level since 2011. The S&P/TSX composite index closed up 125.50 points at 15,515.22 to finish 2.
Citroen unveils new hatchback as virus pushes event online

Citroen unveils new hatchback as virus pushes event online

FRANKFURT — PSA Group unveiled one of its most important new models Tuesday with 20 people physically present and 2,600 watching online - a marketing configuration that the coronavirus seems likely to accelerate across the industry now that next year
New Mexico tribe transforms old casino into movie studio

New Mexico tribe transforms old casino into movie studio

TESUQUE PUEBLO, N.M. — A small northern New Mexico Native American tribe has opened a movie studio in a former casino that it hopes will lure big productions.