National Business

AURORA, Ont. — A "precipitous decline" in global auto manufacturing during the COVID-19 pandemic led Magna International Inc. to report its first operating loss since 2009 on Friday.

TORONTO — Sun Life Financial Inc. says the COVID-19 pandemic is to blame for troubles in its latest quarter.

MISSISSAUGA, Ont. — The Second Cup Ltd. plans to close more stores, sell more of its product in grocery stores and open gas station drive-thrus as it looks to recover from the deep hit absorbed during the COVID-19 pandemic. The Mississauga, Ont.

VANCOUVER — Interfor Corp. says it earned $3.2 million in profits in its latest quarter despite lower revenues.

BEIJING — China has sentenced a fourth Canadian citizen to death on drug charges in less than two years following a sharp downturn in ties over the arrest of an executive of Chinese tech giant Huawei.

NEW YORK — President Donald Trump has ordered a sweeping but vague ban on dealings with the Chinese owners of popular social media apps TikTok and WeChat on security grounds, a move China's government criticized as “political manipulation.

VANCOUVER — Western Forest Products Inc. beat expectations as the company earned $8.5 million in its latest quarter on a 17-per-cent drop in revenues over uncertainty related to COVID-19.

NEW DELHI — As India hit another grim milestone in the coronavirus pandemic on Friday, crossing 2 million confirmed cases and more than 41,000 deaths, community health volunteers went on strike complaining they were ill-equipped to respond to the wav

Washington talks on vital COVID-19 rescue money are teetering on the brink of collapse after a marathon meeting in the Capitol Thursday night generated a wave of recriminations but little progress on the top issues confronting negotiators.

VAUGHAN, Ont. — Recipe Unlimited Corp. saw system sales fall more than 55 per cent in its most recent quarter as the COVID-19 pandemic prompted dining room closures across Canada. The Vaughan, Ont.