National Business

Wattpad storytelling platform says hackers had access to user email addresses

TORONTO — Wattpad Corp. is providing more details about what data hackers might have gotten their hands on during a potential breach of the online storytelling platform.

Jul 21, 2020 5:34 PM Read more >

Retail sales on pace to recover after 18.7 per cent surge in May, says StatCan

Retail sales are on pace to recover from the COVID-19 shutdowns after surging nearly 19 per cent in May with even larger gains expected in June, says Statistics Canada. The agency says retail sales increased to $41.

Jul 21, 2020 3:33 PM Read more >

Hibernia offshore oil production halted after apparent spill of drilling fluids

ST. JOHN'S, N.L. — Production at the Hibernia offshore production platform 315 kilometres east of St. John’s, N.L., has been halted after an apparent spill of drilling and production fluids.

Jul 21, 2020 3:10 PM Read more >

With stadiums, theatres closed, Coke 2Q revenue plunges 28%

Coca-Cola's revenue plunged 28% in the second quarter, but the company thinks the worst could be behind it. Coke Chairman and CEO James Quincey said sales improved sequentially in May, June and July despite surging cases in key markets like the U.S.

Jul 21, 2020 2:58 PM Read more >

US moves one step closer to letting the Boeing 737 Max fly

Federal safety regulators are moving closer to letting the grounded Boeing 737 Max fly again with changes that Boeing made to the plane after two deadly crashes.

Jul 21, 2020 2:57 PM Read more >

PrairieSky Royalty reports lower second-quarter crude oil production

CALGARY — Oil production is beginning to recover after it was curtailed by an average of 30 per cent in the second quarter due to low crude prices, PrairieSky Royalty Ltd. said Tuesday.

Jul 21, 2020 2:52 PM Read more >

Niagara region housing prices climb as buyers leave Toronto in search of space

Prices of newly built homes climbed higher in June as Toronto-area home-buyers fled the city in favour of wine country.

Jul 21, 2020 2:38 PM Read more >

Iamgold to proceed with $1.3 billion Cote Gold mine in northern Ontario

TORONTO — Iamgold Corp. says it is going ahead with its US$1.3-billion Cote Gold mine in northern Ontario as world gold prices reached nine-year highs over US$1,830 per ounce.

Jul 21, 2020 2:06 PM Read more >

Torstar shareholders approve takeover by NordStar despite last-minute rival bid

TORONTO — The $60-million acquisition of the Torstar Corp. newspaper group by NordStar Capital LP was approved by shareholders Tuesday, despite a rival group's last-minute offer to increase its cash bid.

Jul 21, 2020 1:57 PM Read more >

EU agrees on $2.1 trillion deal after marathon summit

BRUSSELS — After four days and nights of wrangling, exhausted European Union leaders finally clinched a deal on an unprecedented 1.8 trillion-euro ($2.

Jul 21, 2020 4:32 AM Read more >