Skip to content

National Business

US unemployment claims jump to 965,000 as virus takes toll

US unemployment claims jump to 965,000 as virus takes toll

WASHINGTON — The number of people seeking unemployment aid soared last week to 965,000, the most since late August and a sign that the resurgent virus has likely escalated layoffs.
TD Bank signs deal to buy Wells Fargo's Canadian equipment finance business

TD Bank signs deal to buy Wells Fargo's Canadian equipment finance business

Toronto-Dominion Bank has signed a deal to buy Wells Fargo's Canadian direct equipment finance business. Financial terms of the deal were not immediately available.
Ask about COVID-19 return policies as you shop to avoid disappointment later: experts

Ask about COVID-19 return policies as you shop to avoid disappointment later: experts

TORONTO — Canadians who weren’t happy with some of their holiday gifts or who changed their mind after making purchases might face trouble when trying to get their money back.
France opposes foreign takeover offer for supermarket chain

France opposes foreign takeover offer for supermarket chain

PARIS — France's government says it opposes the proposed 16.2 billion-euro ($19.6 billion) takeover of French supermarket chain Carrefour by Canadian convenience store group Couche-Tard.
Asia Today: China virus cases spike as WHO researchers visit

Asia Today: China virus cases spike as WHO researchers visit

BEIJING — China is seeing a new surge in coronavirus cases in its frozen northeast as a World Health Organization team arrived to investigate the origins of the pandemic.
Cafe, croissant, worms? EU agency says worms safe to eat

Cafe, croissant, worms? EU agency says worms safe to eat

ROME — The vaunted Mediterranean diet and French gastronomy are getting some competition: The European Union's food safety agency says worms are safe to eat.
S. Korean court upholds prison term for ex-president Park

S. Korean court upholds prison term for ex-president Park

SEOUL, Korea, Republic Of — South Korea’s Supreme Court on Thursday upheld a 20-year prison term for former President Park Geun-hye over bribery and other crimes as it ended a historic corruption case that marked a striking fall from grace for the co
Twitter CEO defends Trump ban, warns of dangerous precedent

Twitter CEO defends Trump ban, warns of dangerous precedent

SAN FRANCISCO — Twitter CEO Jack Dorsey defended his company’s ban of President Donald Trump in a philosophical Twitter thread that is his first public statement on the subject. When Trump incited his followers to storm the U.S.
China 2020 exports up despite virus; surplus surges to $535B

China 2020 exports up despite virus; surplus surges to $535B

BEIJING — China’s exports rose in 2020 despite pressure from the coronavirus and a tariff war with Washington, boosting its politically volatile trade surplus to $535 billion, one of the highest ever reported. Exports increased 3.6% over 2019 to $2.
Japan widens virus emergency to 7 more areas as cases surge

Japan widens virus emergency to 7 more areas as cases surge

TOKYO — Japan expanded a coronavirus state of emergency to seven more prefectures Wednesday, affecting more than half the population amid a surge in infections across the country.