National Business

TORONTO — Canada's main stock index closed out 2020 in positive territory for the year despite a late sell-off on New Year's Eve that transformed what had been a day of gains into one printed in red ink.

TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (17,433.36, down 112.45 points.) Cenovus Energy Inc. (TSX:CVE). Down nine cents, or 1.15 per cent, to $7.75 on 13.2 million shares.

MONTREAL — The National Airlines Council of Canada said there are still major issues that need to be addressed as Ottawa rolls out a COVID-19 testing requirement for air passengers arriving from abroad.

TORONTO — Great Canadian Gaming Corp.'s deal to be acquired by a fund affiliated with Apollo Global Management Inc. has been granted court approval.

Toronto restaurateur Erik Joyal knew that his restaurants would need to do something different this New Year's Eve as the COVID-19 pandemic crashed everyone's party plans.

DUBAI, United Arab Emirates — Sailors involved in transferring fuel oil from an Iraqi tanker in the Persian Gulf to another vessel owned by a shipping company traded in the U.S.

CALGARY — Shares in industrial equipment and services provider Wajax Corp. are rising after it announced the acquisition of privately held Tundra Process Solutions Ltd. for $99.1 million. The offer for its Calgary-based rival consists of $74.

When the sun sets on the 2020 film box office, it’ll be difficult to look at the numbers as anything but disastrous.

WASHINGTON — The number of Americans seeking unemployment benefits fell by 19,000 last week to still historically high 787,000 as a resurgent coronavirus grips the U.S. economy.

BEIJING — China authorized its first homegrown COVID-19 vaccine for general use Thursday, adding another shot that could see wide use in poorer countries as the virus surges back around the globe.