National Business

CALGARY — Norwegian oil giant Equinor ASA says it has completed its exit from the Canadian oilsands by selling the 18.8 per cent stake in producer Athabasca Oil Corp. it acquired three years ago.

CHARLOTTE, N.C. — Morgan Stanley saw its fourth-quarter profits surge 48% from a year earlier, as the Wall Street bank benefited from the market’s upward swing and investors jubilation for tech stocks and IPOs late last year.

TORONTO — Ontario's labour minister says 25 tickets were issued during a weekend inspection blitz of big-box stores that found the majority were following public health rules.

OTTAWA — The annual rate of inflation slowed in December as the pace of rising food prices decreased and the cost of air travel compared with a year earlier fell, Statistics Canada said. The agency said Wednesday the consumer price index was up 0.

OTTAWA — Canada's national annual inflation rate was 0.7 per cent in December, Statistics Canada says.

OTTAWA — Canada's national annual inflation rate was 0.7 per cent in December, Statistics Canada says. Here's what happened in the provinces (previous month in brackets): — Newfoundland and Labrador: 0.6 per cent (0.8) — Prince Edward Island: -0.

BRUSSELS — The European Union’s top officials breathed a sigh of relief on Wednesday that Joe Biden will be taking over as president of the United States, but they warned that the world has changed after four years of Donald Trump and that trans-Atla

TORONTO — Shareholders of West Fraser Timber Co. Ltd. and Norbord Inc. have approved a $4-billion all-stock deal that will marry two of Canada's big wood product producers.

BEIJING — China’s capital, Beijing, recorded seven more coronavirus cases on Wednesday amid a lingering outbreak in the country’s north.

BEIJING — China’s highest-profile entrepreneur, Jack Ma, appeared Wednesday in an online video, ending a 2 1/2-month absence from public view that prompted speculation about the future of the e-commerce billionaire and his Alibaba Group.