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North American stock markets fall on COVID-19 travel bans, oil and loonie close lower

North American stock markets fall on COVID-19 travel bans, oil and loonie close lower

TORONTO — Most North American stock markets fell Monday as a new strain of the coronavirus led to countries including Canada restricting travel from the United Kingdom, raising worries of more economic disruption after months of volatility.

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 (17,500.89, down 33.74 points.) Suncor Energy Inc. (TSX:SU). Energy. Down 46 cents, or 2.08 per cent, to $21.67 on 11.9 million shares.
High-flying Tesla stock takes a hit on 1st day in S&P 500

High-flying Tesla stock takes a hit on 1st day in S&P 500

DETROIT — In the middle of last year, Tesla's losses were piling up, sales weren't enough to cover expenses and big debt payments loomed.
EU greenlights COVID-19 vaccine after agency gives safety OK

EU greenlights COVID-19 vaccine after agency gives safety OK

BRUSSELS — The European Union on Monday gave official approval for the coronavirus vaccine developed by BioNTech and Pfizer to be used across the 27-nation bloc, raising hopes that countries can begin administering the first shots to their citizens s
CRA promotes public database to track employers using wage subsidies

CRA promotes public database to track employers using wage subsidies

OTTAWA — Canada Revenue Agency is launching a website to help Canadians track which employers have been using government wage subsidies during the COVID-19 pandemic.
Bergman succeeds Horn as Disney Studios chairman

Bergman succeeds Horn as Disney Studios chairman

Walt Disney Co. veteran Alan Bergman has been named chairman of Disney Studios, the company said Monday. Bergman will be succeeding Alan Horn, who will remain chief creative officer. Horn and Bergman have been operating as co-chairs since May 2019.
Investors look with optimism to 'year of the vaccine', expect major growth in 2021

Investors look with optimism to 'year of the vaccine', expect major growth in 2021

TORONTO — On Jan. 1, investors celebrating Bay Street's best returns since the global financial crisis couldn't have known what kind of year they were about to face.
Air Canada suspends flights between Canada, U.K. after warning about new virus strain

Air Canada suspends flights between Canada, U.K. after warning about new virus strain

MONTREAL — Air Canada says it has temporarily suspended flights between Canada and the U.K. in keeping with a government directive issued Sunday.

B.C. eases requirements for struggling businesses applying for grant funding

VICTORIA — British Columbia government has loosened eligibility requirements for small and medium-sized businesses applying for grants to survive the COVID-19 pandemic.
Approvals in hand for Cenovus buyout of Husky, now expected to close Jan. 1

Approvals in hand for Cenovus buyout of Husky, now expected to close Jan. 1

CALGARY — Cenovus Energy Inc. says it has all key regulatory approvals in place to go ahead with its friendly takeover of oilsands rival Husky Energy Inc. The all-shares deal was approved by shareholders of both companies last week.