National Business

Restaurant costs for 2020 will be much lower than initially forecast as consumers spend more of their dining-out budgets at grocery stores instead, according to an updated food price report that predicts annual restaurant sales will be slashed in hal

TOKYO — Global shares were mostly higher after China reported strong manufacturing data, extending an overnight rally on Wall Street. France's CAC 40 added 1.5% in early trading to 4,443.47. Germany's DAX gained 2.5% to 10,063.

TOKYO — Asian shares surged Tuesday after a rally in U.S. stocks, mostly spurred by health care companies' announcements of developments that could aid in the coronavirus outbreak. Japan's benchmark Nikkei 225 rose 0.8% in morning trading to 19,243.

NEW YORK — Sony Pictures on Monday cleared out its summer calendar due to the coronavirus, postponing the releases of Jason Reitman's “Ghostbusters: Afterlife” and the Marvel movie “Morbius” to 2021.

OTTAWA — The federal government says it will help broadcasters deal with the fallout from COVID-19 by waiving $30 million usually paid by the industry to support the operations of Canada's telecommunications regulator.

VANCOUVER — A federally appointed panel has found the development of a new shipping container terminal south of Vancouver would result in "significant adverse" effects on endangered southern resident killer whales.

WUHAN, China — The city at the centre of China's virus outbreak was reopening for business Monday after authorities lifted more of the controls that locked downs tens of millions of people for two months.

NEW YORK — Macy's, Kohl's and Gap Inc. all said Monday they will stop paying tens of thousands of employees who were thrown out of work when the chains temporarily closed their stores and sales collapsed as a result of the pandemic.

Truckers are increasingly being denied warm meals, hot showers or even a place to wash their hands as rest stops close and service stations bar access to washrooms amid the COVID-19 pandemic.

MONTREAL — Air Canada will temporarily lay off 16,500 employees starting this week as the airline struggles with fallout from the COVID-19 pandemic.