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United sees revenue stalling at 50% without a virus vaccine

United sees revenue stalling at 50% without a virus vaccine

United Airlines executives said Wednesday that travel will rise when the number of new coronavirus cases drops but the airline's revenue will stall around 50% of pre-pandemic levels until there is a vaccine.
COVID-19 takes big bite out of A&W results as same-store sales plunge

COVID-19 takes big bite out of A&W results as same-store sales plunge

VANCOUVER — A&W Revenue Royalties Income Fund saw same-store sales plunge more than 30 per cent in its most recent quarter as the fast-food chain kept many of its locations shut down due to the COVID-19 pandemic.
TSX rallies to close higher after mixed day, while dollar and gold prices rise

TSX rallies to close higher after mixed day, while dollar and gold prices rise

TORONTO — A late-day recovery in crude oil helped lift share prices to pull Canada's main stock index out of a listless trading pattern and allow it to end with a slight increase on Wednesday. The S&P/TSX composite index closed up 8.
Edmonton CFL team sees sales spike in Eskimos gear after name change decision

Edmonton CFL team sees sales spike in Eskimos gear after name change decision

The CFL team formerly known as the Edmonton Eskimos has seen a "very significant" spike in sales of clothing and other items bearing the now-defunct name, says the team's chief executive.
Cineplex asks Ontario to make changes to theatre occupancy limits

Cineplex asks Ontario to make changes to theatre occupancy limits

TORONTO — Executives at Cineplex Inc. are asking the Ontario government to loosen restrictions over how many people can occupy its cinemas at a single time.
Crude-by-rail exports fall to four-year low as economic slump frees pipeline space

Crude-by-rail exports fall to four-year low as economic slump frees pipeline space

CALGARY — Canadian exports of crude oil by rail plunged by 63 per cent in May compared with April as North American fuel demand dropped due to measures taken to control the COVID-19 pandemic.
UK to open citizenship path to Hong Kongers from January

UK to open citizenship path to Hong Kongers from January

LONDON — Britain’s government announced Wednesday that it will open a new special pathway to obtaining U.K. citizenship for up to 3 million eligible Hong Kongers as of January, taking another step toward solidifying a policy denounced by China.
Slack files anti-competitive complaint vs. Microsoft in EU

Slack files anti-competitive complaint vs. Microsoft in EU

Workplace chatting service Slack has filed a complaint in the European Union against Microsoft, accusing the software company of anti-competitive behaviour .
Empire to invest $2.1 billion over three years to expand, grow earnings

Empire to invest $2.1 billion over three years to expand, grow earnings

STELLARTON, N.S. — Empire Company Ltd. plans to spend $2.
June inflation rate turns positive amid early stages of economic reopening

June inflation rate turns positive amid early stages of economic reopening

OTTAWA — The country's inflation barometer turned positive last month after two months of deflation as the consumer price index increased by 0.7 per cent in June compared to a year earlier, Statistics Canada reported Wednesday.