National Business

TORONTO — GMP Capital Inc. has signed an agreement to acquire the stake in investment manager Richardson GMP Ltd. that it doesn't already own in an all-stock deal.

BEIJING — Factories that make the world’s smartphones, toys and other goods are struggling to reopen after a virus outbreak idled China’s economy.

WASHINGTON — U.S. sales of new homes jumped 7.9% in January to the fastest pace in more than 12 years, a positive sign for economic growth.

LONDON — Global shares fell sharply once again Wednesday as fears over the speed of the new coronavirus around the world accentuated.

BEIJING — A court in eastern China has sentenced a Swedish seller of books that took a skeptical look at the ruling Communist Party to 10 years in prison for “illegally providing intelligence overseas," in a further sign of Beijing’s hard line toward

TORONTO — The Ontario Labour Relations Board has ruled that Foodora couriers are dependent contractors of the food-delivery company, clearing a hurdle towards potential unionization and setting a major precedent for other workers in the gig economy.

GATINEAU, Que. — An advocate for low income consumers told a CRTC hearing Tuesday that Canada's telecom companies are using "magic math" that exaggerates how much their mobile data prices have dropped in recent years.

WASHINGTON — The fast-moving coronavirus isn’t just confounding health officials.

TORONTO — Canada's main stock index suffered its worst day in four-and-a-half years as it fell by triple digits for a third straight day amid growing concerns about the impact of the novel coronavirus outbreak.

MONTREAL — Air Canada is extending its cancellation of all flights between Canada and China to April 10 due to the novel coronavirus epidemic, following the lead of its U.S. counterparts.