National Business

SAINT JOHN, N.B. — A new alliance has been formed to promote the development of small nuclear reactors and other energy technologies in Atlantic Canada.

FRANKFURT — The widening coronavirus outbreak threatens to seriously disrupt the global economy, just as it was steadying itself against headwinds from the U.S.-China trade dispute.

TORONTO — An award-winning Toronto-based production company behind a slew of popular reality shows is facing a $35-million class-action lawsuit over alleged employment standards violations.

OMAHA, Neb. — Billionaire Warren Buffett says the viral outbreak in China has slowed economic growth, but he remains confident in the long-term future of American business.

MONTREAL — Air Canada has signed two agreements for airframe maintenance in Quebec, subject to its takeover of Transat AT.

OTTAWA — Statistics Canada says wholesale sales rose 0.9 per cent to $63.9 billion in December. Economists had expected an increase of 0.5 per cent, according to financial markets data firm Refinitiv.

TORONTO — Cronos Group Inc. is delaying the release of its fourth-quarter and full-year financial results. The cannabis company says it has had a delay in the completion of its financial statements.

MONTREAL — MTY Food Group Inc. reported a fourth-quarter profit of $20.7 million, up from $13.2 million in the same quarter a year earlier, as it said allegations by an employee that had delayed the release of its quarterly results are baseless.

TORONTO — Automakers are rolling out some big additions to the electric vehicle landscape this year as the market evolves, but it’s still not clear how much Canadians will be convinced to buy them. Selection is certainly increasing.

TORONTO — Five things to watch for in the Canadian business world in the coming week: Big 3 all agree CRTC hearings on mobile wireless services continue all week.