National Business

TORONTO — Manulife Financial Inc.'s chief executive says COVID-19 had a "significant" impact on the company's second-quarter performance, but he's confident it will bounce back.

MONTREAL — Lightspeed POS Inc. saw both its net loss and revenues increase in its latest quarter as it felt the positive effects of COVID-19. The Montreal-based retail payment technology firm, which reports in U.S. dollars, says it lost $20.

LONDON — The Bank of England held off providing more monetary stimulus on Thursday as Britain reopens after the pandemic lockdowns, but it warned it would take time for the economy to heal and unemployment would keep rising this year.

MONTREAL — WSP Global Inc. is restating 2020 guidance withdrawn as the COVID-19 pandemic set in earlier this year as it reports a "solid" financial performance in the second quarter. The engineering firm says it had net earnings of $88.

BISMARCK, N.D. — A federal appeals court on Wednesday reversed a judge’s order that shut down the Dakota Access pipeline pending a full environmental review. The U.S.

TORONTO — Manulife Financial Corp. is reporting second-quarter net income attributable to shareholders of $727 million — just under half of the $1.

TORONTO — Spin Master Corp. says it lost money in the second quarter as strong demand for outdoor play equipment, plushies and puzzles failed to offset declines in sales of Hatchimals and some Paw Patrol-branded merchandise.

TORONTO — Canada's main stock index closed in positive territory on Wednesday as oil prices and the loonie strengthened and gold reached another all-time high. In Toronto, gains were widespread as the S&P/TSX composite index rose by 133.

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (16,501.61, up 133.58 points.) Enbridge Inc. (TSX:ENB). Energy. Down 30 cents, or 0.68 per cent, to $43.65 on 8.43 million shares.

Great-West Lifeco Inc. nearly doubled its second-quarter earnings from last year as it benefited from investments in digital technology and a market rebound from COVID-19.