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S&P/TSX composite falls on New Year's Eve while U.S. markets set new records

S&P/TSX composite falls on New Year's Eve while U.S. markets set new records

TORONTO — Canada's main stock index closed out 2020 in positive territory for the year despite a late sell-off on New Year's Eve that transformed what had been a day of gains into one printed in red ink.

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (17,433.36, down 112.45 points.) Cenovus Energy Inc. (TSX:CVE). Down nine cents, or 1.15 per cent, to $7.75 on 13.2 million shares.
Canada’s airlines say border testing could cause confusion for airlines, passengers

Canada’s airlines say border testing could cause confusion for airlines, passengers

MONTREAL — The National Airlines Council of Canada said there are still major issues that need to be addressed as Ottawa rolls out a COVID-19 testing requirement for air passengers arriving from abroad.
Court approves takeover of Great Canadian Gaming by Apollo affiliate

Court approves takeover of Great Canadian Gaming by Apollo affiliate

TORONTO — Great Canadian Gaming Corp.'s deal to be acquired by a fund affiliated with Apollo Global Management Inc. has been granted court approval.
After 'Not Amazon' buoys local retail, restaurants unite in hope of New Year's boost

After 'Not Amazon' buoys local retail, restaurants unite in hope of New Year's boost

Toronto restaurateur Erik Joyal knew that his restaurants would need to do something different this New Year's Eve as the COVID-19 pandemic crashed everyone's party plans.
Security firms say suspicious object on oil tanker off Iraq

Security firms say suspicious object on oil tanker off Iraq

DUBAI, United Arab Emirates — Sailors involved in transferring fuel oil from an Iraqi tanker in the Persian Gulf to another vessel owned by a shipping company traded in the U.S.

Industrial equipment and services provider Wajax to buy Tundra for $99 million

CALGARY — Shares in industrial equipment and services provider Wajax Corp. are rising after it announced the acquisition of privately held Tundra Process Solutions Ltd. for $99.1 million. The offer for its Calgary-based rival consists of $74.
Calamity? Anomaly? 2020 was a box office year like no other

Calamity? Anomaly? 2020 was a box office year like no other

When the sun sets on the 2020 film box office, it’ll be difficult to look at the numbers as anything but disastrous.
Jobless claims down 19,000, still 4 times pre-pandemic level

Jobless claims down 19,000, still 4 times pre-pandemic level

WASHINGTON — The number of Americans seeking unemployment benefits fell by 19,000 last week to still historically high 787,000 as a resurgent coronavirus grips the U.S. economy.
China OKs 1st homegrown vaccine as COVID-19 surges globally

China OKs 1st homegrown vaccine as COVID-19 surges globally

BEIJING — China authorized its first homegrown COVID-19 vaccine for general use Thursday, adding another shot that could see wide use in poorer countries as the virus surges back around the globe.