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S&P/TSX composite up despite plunge in oil prices for second Monday in a row

S&P/TSX composite up despite plunge in oil prices for second Monday in a row

TORONTO — Canada's main stock index started the trading week higher even though the price of oil futures plunged for a second consecutive Monday.
Ontario unveils broad outline for reopening economy in three stages

Ontario unveils broad outline for reopening economy in three stages

TORONTO — Ontario Premier Doug Ford released a broad outline Monday of how — but not when — the province's economy will reopen, while predicting there will never be a complete return to the old way of life.
Porter planes to remain grounded through June due to COVID-19 pandemic

Porter planes to remain grounded through June due to COVID-19 pandemic

Porter Airlines is extending its suspension of all flights by another four weeks until June 29 due to the COVID-19 pandemic. The Toronto-based carrier stopped flying on March 21 as travel controls and rising public health concerns choked off demand.
Virus is expected to reduce meat selection and raise prices

Virus is expected to reduce meat selection and raise prices

DES MOINES, Iowa — Meat isn't going to disappear from supermarkets because of outbreaks of the coronavirus among workers at U.S. slaughterhouses.
Over 4 million UK jobs furloughed under government scheme

Over 4 million UK jobs furloughed under government scheme

LONDON — More than 4 million jobs have been saved in the U.K. as a result of a government scheme aimed at making sure firms hold onto staff during the coronavirus lockdown, Treasury chief Rishi Sunak said Monday.
Restaurants relying on Uber Eats angry about weekend outage amid COVID-19

Restaurants relying on Uber Eats angry about weekend outage amid COVID-19

TORONTO — Restaurants using Uber Eats in Ontario over the weekend say they experienced outages that left them unable to deliver meals to customers.
Deutsche Bank net profit falls due to pandemic

Deutsche Bank net profit falls due to pandemic

FRANKFURT — Deutsche Bank has reported that its net income fell to 66 million euros ($72 million) in the first quarter as the pandemic hurt its business.
Questions swirl as Fed meets amid deepening economic crisis

Questions swirl as Fed meets amid deepening economic crisis

WASHINGTON — The Federal Reserve has largely calmed turbulent financial markets. Yet a far tougher task remains: Helping rescue an economy and job market that appear to be free-falling into the worst catastrophe since the Great Depression.
Silvercorp Metals strikes $105-million deal to buy Guyana Goldfields

Silvercorp Metals strikes $105-million deal to buy Guyana Goldfields

VANCOUVER — Silvercorp Metals Inc. says it has struck a deal to buy Guyana Goldfields Inc. in a cash-and-shares transaction worth about $105 million.
DavidsTea reports Q4 sales down from year ago, but e-commerce and wholesale up

DavidsTea reports Q4 sales down from year ago, but e-commerce and wholesale up

MONTREAL — DavidsTea Inc. said Monday it faces the possibility of being delisted from the Nasdaq due to its low stock price as it provided an operational update amid the COVID-19 pandemic.