National Business

KITIMAT, B.C. — Approximately 900 Rio Tinto workers at the company's aluminum smelting facilities in Kitimat, B.C. have gone on strike. The walkout began today at one minute after midnight.

BEIJING (AP) — Internet giant Tencent was ordered by regulators to end exclusive contracts with music copyright holders, adding to increased enforcement of anti-monopoly and other rules as Beijing tightens control over booming online industries.

TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (20,188.43, up 90.91 points.) Royal Bank of Canada (TSX:RY). Financials. Down $0.54, or 0.43 per cent, to $125.32 on 6.8 million shares.

TORONTO — Stock markets in Canada and the U.S. closed higher Friday after a day of small gains for multiple sectors, including industrials and technology.

OTTAWA — Retail sales in Canada stumbled for the second month in a row after two straight months of gains, a sign of the rocky road ahead as Canada staggers out of the pandemic's economic recession. The 2.

NEW YORK (AP) — Celebrity chef Mario Batali, his business partner and their New York City restaurant company have agreed to pay $600,000 to resolve a four-year investigation by the state attorney general’s office into allegations that Batali, restaur

CALGARY — MEG Energy Corp. boosted its full-year production guidance after reporting $68 million in net profits in the second quarter on a near doubling of revenues.

TORONTO — Magna International Inc. is advancing its goal of becoming a global leader in advanced driver assistance technology by reaching an agreement to acquire Swedish automotive safety technology firm Veoneer for US$3.8 billion including debt.

Air Canada is anticipating a recovery in demand in the coming months as travel restrictions are eased and leisure passengers look to get away after being grounded by COVID-19.

CLEVELAND (AP) — Known as the Indians since 1915, Cleveland’s Major League Baseball team will be called Guardians.