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Fed and Treasury urge Congress to approve more virus relief
WASHINGTON — Federal Reserve Chairman Jerome Powell and Treasury Secretary Steven Mnuchin urged Congress to approve COVID-19 relief funds without further delay, though Democrats continued to attack a decision by Mnuchin to allow five Fed lending prog
Dec 2, 2020 2:00 PM
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Vancouver home sales fall in November, but remain higher than a year ago
VANCOUVER — The Real Estate Board of Greater Vancouver says November home sales were down from October — but still well above the same time last year, as the market catches up to the effects of COVID-19.
Dec 2, 2020 1:09 PM
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Australia bounces out of recession as economy grows 3.3%
WELLINGTON, New Zealand — Australia's economy grew by 3.3% in the third quarter, rebounding from its first recession in nearly three decades as it recovered from pandemic-related shocks, according to figures released Wednesday.
Dec 2, 2020 11:37 AM
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Sun Life CEO Dean Connor will retire next August, CFO Kevin Strain to replace him
TORONTO — Sun Life Financial Inc. says its president and chief executive will retire next year. The Toronto-based insurance company says Dean Connor, 64, will depart Sun Life on Aug. 6.
Dec 2, 2020 11:30 AM
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Horde of Brazilian bank robbers attack another city, kill 1
RIO DE JANEIRO — A large gang of heavily armed bank robbers invaded the Brazilian city of Cameta just one day after a similar force struck another mid-sized city on the opposite side of the country, taking residents hostage as they looted a bank.
Dec 2, 2020 11:27 AM
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Retailers ask Ontario government to lift COVID restrictions they say aren't working
TORONTO — A coalition of about 50 retailers is calling on the Ontario government to lift COVID-19 restrictions for non-essential stores it claims is making things worse.
Dec 2, 2020 10:41 AM
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Royal Bank Q4 profit up as CEO warns of decline in economic growth
TORONTO — Three promising COVID-19 vaccine candidates may have spurred optimism from investors, but Royal Bank of Canada's chief executive is warning the country is not rid of its pandemic troubles yet.
Dec 2, 2020 10:16 AM
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Fairfax agrees to sell RiverStone Europe insurance business for US$750 million
TORONTO — Fairfax Financial Holdings Ltd. has agreed to sell its interests in the RiverStone Europe insurance business to a fund managed by CVC Capital Partners.
Dec 2, 2020 10:15 AM
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Garda raises takeover bid for British security firm G4S, calls it a final offer
MONTREAL — Garda World Security Corp. has raised its hostile takeover offer for British security firm G4S to 3.68 billion pounds or about C$6.3 billion.
Dec 2, 2020 9:36 AM
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A year in 60 secs: TikTok lists top videos, creators of 2020
NASHVILLE — From skateboarding to Fleetwood Mac to learning Cardi B's rump-shaking choreography, TikTok users got creative in a pandemic year with new songs, dances and memes in 60 seconds or less.
Dec 2, 2020 9:01 AM
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