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National Business
National Business
Sagicor Financial calls off deal with Scotiabank in Trinidad and Tobago
TORONTO — Sagicor Financial Co. Ltd. says it will not go ahead with its acquisition of ScotiaLife Trinidad and Tobago Ltd. The company made the decision after it and Scotiabank Trinidad and Tobago Ltd.
Jul 2, 2020 7:56 AM
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European jobless rate inches higher amid government support
FRANKFURT — The unemployment rate in the 19 countries that use the euro currency inched higher to 7.4 % in May from 7.3% in April as governments used active labour market support programs to cushion the impact of the virus outbreak on workers.
Jul 2, 2020 5:17 AM
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Australian court upholds Geoffrey Rush's defamation payout
CANBERRA, Australia — An Australian court on Thursday rejected a newspaper publisher’s appeal against Oscar-winning actor Geoffrey Rush’s $2.9 million Australian dollars ($2 million) payout for defamation.
Jul 1, 2020 10:15 PM
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Michigan governor closes indoor bars, allows to-go cocktails
Michigan Gov. Gretchen Whitmer said Wednesday that she was closing indoor seating in bars in parts of the state, including a college town where one brewpub has been linked to about 140 infections.
Jul 1, 2020 9:52 PM
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Canada's five big banks join anti-hate advertising boycott of Facebook
TORONTO — All five of Canada's biggest banks are joining an international boycott of Facebook over concerns that the platform is complicit in promoting racism, violence and misinformation.
Jul 1, 2020 6:03 PM
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Fed minutes show concerns about severity of downturn
WASHINGTON — Federal Reserve officials last month expressed concerns about the severity of the economic downturn triggered by the coronavirus pandemic, saying the drop in economic activity in the spring would likely be the steepest in the post-World
Jul 1, 2020 5:26 PM
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NYC delays resumption of indoor dining at restaurants
NEW YORK — Indoor dining at New York City restaurants will be delayed out of fear it would cause a spike in coronavirus infections, Mayor Bill de Blasio and Gov. Andrew Cuomo said Wednesday.
Jul 1, 2020 2:57 PM
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Russian voters agree to let Putin seek 2 more terms
MOSCOW — Russian voters approved changes to the constitution that will allow President Vladimir Putin to hold power until 2036, but the weeklong plebiscite that concluded Wednesday was tarnished by widespread reports of pressure on voters and other i
Jul 1, 2020 2:30 PM
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US construction spending fell 2.1% in May
WASHINGTON — U.S. construction spending fell 2.1% in May with both home building and nonresidential activity declining. The Commerce Department said on Wednesday the May decline followed an even larger 3.5% fall in April.
Jul 1, 2020 10:57 AM
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Asia Today: Thailand lets in some foreigners, opens schools
BANGKOK — Thailand has begun a fifth phase of relaxations of COVID-19 restrictions, allowing the reopening of schools and high-risk entertainment venues such as pubs and massage parlours that had been shut since mid-March.
Jul 1, 2020 10:38 AM
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