National Business

BERLIN — Bayer will pay up to $10.9 billion to settle litigation over the subsidiary Monsanto’s weedkiller Roundup, which has faced thousands of lawsuits over claims it causes cancer, the German-based company said Wednesday.

REGINA — Saskatchewan is taking another step in its march to bring small modular nuclear technology to the province. The Ministry of Environment announced it's creating an office that will develop policy around this type of nuclear power.

VANCOUVER — When the COVID-19 outbreak forced many restaurants to shutter dining rooms across Canada, Vancouver-based Joey Restaurants responded by opening two "ghost kitchens" — a new model being adopted for delivery- and pick-up-only spaces.

TORONTO — Owners of the Porgera gold mine in Papua New Guinea say they will lay off 2,650 local mine workers by the end of July as the result of a continuing dispute with the federal government. Barrick Niugini Ltd.

WASHINGTON — The International Monetary Fund has sharply lowered its forecast for global growth this year because it envisions far more severe economic damage from the coronavirus than it did just two months ago.

TORONTO — Indigo Books & Music Inc. expects at least 10 to 12 months of a "damaging set of conditions" from the COVID-19 pandemic, said chief executive Heather Reisman, the day after the company reported a fourth-quarter loss of $171.3 million.

NEW YORK — A flood of donations following the death of George Floyd have left racial equality and social justice groups in a position they might never have expected to be in: figuring out what to do with a surplus of cash.

HALIFAX — The Sobeys grocery chain is pulling the "Sweet Sixteen" brand of candy from its shelves over a problematic slogan. Display stands for the product, produced by a Quebec-based company, advertised its "barely legal" level of sweetness.

TOKYO — Asian shares were mostly higher on Wednesday with another mood boost from Wall Street, but fears persist over the surge in coronavirus cases in parts of the world. Japan's benchmark Nikkei 225 edged 0.1% higher to 22,576.63.

HALIFAX — SaltWire Network says it is letting go 109 employees who have been permanently laid off because of the hit to advertising caused by the COVID-19 pandemic.