National Business

TORONTO — North American stock markets posted gains Friday, with Toronto's main index rising more than 200 points, as investors declined to continue the previous day's selloff.

Wall Street managed to end a bumpy day broadly higher Friday but still finished with its worst week in nearly three months. The S&P 500 rose 1.3% a day after dropping nearly 6% in its biggest rout since mid-March. It lost 4.

JOHANNESBURG — More than two dozen international aid groups have told the U.S. government they are “increasingly alarmed” that “little to no U.S.

Unions representing essential workers at some of Canada's major retailers are pushing back against the decision to eliminate wage premiums that were put in place to compensate employees for working during the height of the COVID-19 pandemic.

TORONTO — Families in Ontario can now expand the number of people they have close contact with to 10, as the province moved Friday to further loosen public health restrictions put in place during the COVID-19 pandemic.

VANCOUVER — A Vancouver cannabis dispensary is going to need a new name and logo after losing a legal battle with retailer Toys "R" Us (Canada) Ltd.

LONDON — The British economy has seen nearly two decades worth of growth wiped out as a result of the lockdown measures put in place during the coronavirus pandemic.

WASHINGTON — The Federal Reserve has promised to use its “full range of tools” to pull the country out of a deep recession caused by a global pandemic, signalling that it would keep interest rates low through 2022.

OTTAWA — A key measure of household debt rose in the first quarter as the COVID-19 pandemic began to take hold of the economy, Statistics Canada said Friday.

TORONTO — Roots Corp. reported a loss of $7.8 million in its latest quarter as the COVID-19 pandemic disrupted its supply chain in Asia and forced the temporary closure of its stores in North America.