National Business

TORONTO — Russel Metals Inc. says it has signed a deal to buy Sanborn Tube Sales of Wisconsin Inc. Financial terms of the deal for the metals service centre were not immediately available.

LONDON — Trucks waiting to get out of Britain backed up for miles and people were left stranded at airports Monday as dozens of countries around the world slapped tough travel restrictions on the U.K.

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.

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.

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.

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

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.

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.

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.

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