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National Business
National Business
Salesforce to buy work chat service Slack for $27.7 billion
SAN RAMON, Calif. — Business software pioneer Salesforce.com is buying work-chatting service Slack for $27.7 billion in a deal aimed at giving the two companies a better shot at competing against longtime industry powerhouse Microsoft.
Dec 1, 2020 5:22 PM
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Tourism industry has mixed reaction to government aid measures
MONTREAL — Ottawa's plan to provide aid for the struggling tourism sector was greeted with relief Tuesday, while Canada's airlines awaited word on support for their industry.
Dec 1, 2020 5:18 PM
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Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (17,296.93, up 106.68 points.) BlackBerry Ltd. (TSX:BB). Technology. Up $1.43, or 18.69 per cent, to $9.08 on 40.4 million shares.
Dec 1, 2020 5:08 PM
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Auto sales fall 10.4 per cent in November as COVID-19 restrictions return
TORONTO — DesRosiers Automotive Consultants Inc. says sales of cars and trucks fell in November as COVID-19 restrictions returned. The consultancy says 128,351 cars and trucks were sold last month, down 10.4 per cent from a year ago.
Dec 1, 2020 5:06 PM
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Nestle, Cargill at high court in child labour case
WASHINGTON — The Supreme Court seemed concerned Tuesday about the impact of siding with food giants Nestle and Cargill and ending a lawsuit that claims they knowingly bought cocoa beans from farms in Africa that used child slave labour .
Dec 1, 2020 5:00 PM
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UN: Pandemic to fan surge in humanitarian needs in 2021
GENEVA — The U.N. humanitarian office says needs for assistance have ballooned to unprecedented levels this year because of COVID-19, projecting that a staggering 235 million people will require help in 2021.
Dec 1, 2020 4:59 PM
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S&P/TSX composite gets boost to start December after strong November rally
TORONTO — North American stock markets got a boost to start December from additional signs that vaccines could spur a return to economic normalcy in 2021.
Dec 1, 2020 4:58 PM
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Eight in 10 Canadian manufacturers face skills shortage: report
TORONTO — Eighty per cent of Canadian manufacturers surveyed in a new report are facing an immediate labour and skills shortage that was made worse by the COVID-19 pandemic.
Dec 1, 2020 4:41 PM
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Government plans foreign buyers tax in bid to create affordable housing
TORONTO — The Liberal government says it will take steps over the next year to tax foreign homeowners who live outside of Canada as part of a plan to lower housing prices.
Dec 1, 2020 4:40 PM
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BlackBerry shares soar in wake of Amazon deal to develop vehicle data platform
WATERLOO, Ont. — Shares in BlackBerry Ltd. gained as much as 63.9 per cent in intraday trading on Tuesday following news of a deal with Amazon Web Services to develop and market BlackBerry's intelligent vehicle data platform, called IVY.
Dec 1, 2020 4:24 PM
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