National Business

OTTAWA — Canadian wholesale sales grew for the seventh consecutive month in November to hit a record high, while manufacturing sales fell for the month. Manufacturing sales dropped 0.6 per cent to $53.

NEW YORK — Excerpts from upcoming works by Pulitzer Prize-winner Viet Thanh Nguyen and crime writer Lisa Scottoline are among 46 books previewed in a free e-book collection.

Sustainable investing experts say TC Energy Corp.'s plan to decarbonize the Keystone XL pipeline is unlikely to save its fortunes, as a growing movement to divest from fossil fuels gains political clout. U.S.

ANKARA, Turkey — Turkey on Tuesday slapped advertising bans on Twitter, Periscope and Pinterest over their non-compliance with a controversial new law that requires social media platforms to appoint legal representatives in the country.

BEIJING — Profit at state-owned companies that dominate China’s banking, oil and most other industries rose by as much as 25% last year as the country recovered from the coronavirus pandemic, the government said Tuesday.

MONTREAL — Cargo shipping on the St. Lawrence Seaway remained flat last year, despite COVID-19’s harsh toll on demand for many products shipped along the waterway.

MILAN — European car sales plunged by nearly a quarter last year as the pandemic provoked the worst crisis ever to hit the capital-intensive industry. New car registrations sank by 23.7%, or 3 million vehicles, to 9.

SAN SALVADOR, El Salvador — The money sent home to El Salvador by migrants plunged 40% at the start of the coronavirus pandemic, but then recovered to end 2020 at a record high of $5.92 billion, authorities said Monday.

TOKYO — Japan's foreign minister accused South Korea on Monday of worsening already strained ties by making “illegal” demands for compensation for the sexual abuse of Korean women and use of forced labourers during World War II.

CALGARY — AltaLink wants to refund an additional $350 million to Alberta's electricity customers over the next three years because of low energy prices.