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China's Tencent ordered to end exclusive music contracts

China's Tencent ordered to end exclusive music contracts

BEIJING (AP) — Internet giant Tencent was ordered by regulators to end exclusive contracts with music copyright holders, adding to increased enforcement of anti-monopoly and other rules as Beijing tightens control over booming online industries.

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 (20,188.43, up 90.91 points.) Royal Bank of Canada (TSX:RY). Financials. Down $0.54, or 0.43 per cent, to $125.32 on 6.8 million shares.
North American markets gain on positive earnings from industrials, technology sectors

North American markets gain on positive earnings from industrials, technology sectors

TORONTO — Stock markets in Canada and the U.S. closed higher Friday after a day of small gains for multiple sectors, including industrials and technology.
Retail sales fell by 2.1% in May, but will likely to climb further in June: StatCan

Retail sales fell by 2.1% in May, but will likely to climb further in June: StatCan

OTTAWA — Retail sales in Canada stumbled for the second month in a row after two straight months of gains, a sign of the rocky road ahead as Canada staggers out of the pandemic's economic recession. The 2.
Mario Batali harassment probe settlement: $600K to accusers

Mario Batali harassment probe settlement: $600K to accusers

NEW YORK (AP) — Celebrity chef Mario Batali, his business partner and their New York City restaurant company have agreed to pay $600,000 to resolve a four-year investigation by the state attorney general’s office into allegations that Batali, restaur
MEG Energy boosts 2021 production guidance on strong six months and Q2 profits

MEG Energy boosts 2021 production guidance on strong six months and Q2 profits

CALGARY — MEG Energy Corp. boosted its full-year production guidance after reporting $68 million in net profits in the second quarter on a near doubling of revenues.
Magna agrees to buy Swedish driver technology firm Veoneer for US$3.8 billion

Magna agrees to buy Swedish driver technology firm Veoneer for US$3.8 billion

TORONTO — Magna International Inc. is advancing its goal of becoming a global leader in advanced driver assistance technology by reaching an agreement to acquire Swedish automotive safety technology firm Veoneer for US$3.8 billion including debt.
Air Canada anticipating recovery in demand as travel restrictions are eased

Air Canada anticipating recovery in demand as travel restrictions are eased

Air Canada is anticipating a recovery in demand in the coming months as travel restrictions are eased and leisure passengers look to get away after being grounded by COVID-19.
Cleveland's Major League Baseball team renamed to Guardians

Cleveland's Major League Baseball team renamed to Guardians

CLEVELAND (AP) — Known as the Indians since 1915, Cleveland’s Major League Baseball team will be called Guardians.
Unifor reaches tentative agreement with Bell for craft workers

Unifor reaches tentative agreement with Bell for craft workers

TORONTO — Unifor says after eight months of bargaining, it has reached a tentative deal with BCE Inc. that will cover craft workers.