National Business

TORONTO — George Weston Ltd. has signed a deal to sell its Weston Foods fresh and frozen bakery businesses to FGF Brands Inc. for $1.2 billion.

WASHINGTON (AP) — Law enforcement officials in the U.S. and Europe have arrested 150 people and seized more than $31 million in an international drug trafficking investigation stemming from sales on the darknet, the Justice Department said Tuesday.

TORONTO — The heightened public awareness of social issues brought about by the COVID-19 pandemic and high profile movements such as Black Lives Matter and #MeToo has begun to affect the way younger investors think about how they spend their money, e

VANCOUVER — West Fraser Timber Co. Ltd. has signed a deal to buy Georgia Pacific's oriented strand board mill near Allendale, S.C., for US$280 million.

SEOUL, South Korea (AP) — Samsung’s de facto chief Lee Jae-yong was fined 70 million won (about $60,000) on Tuesday for illegally using the anesthetic drug propofol, about two months after he was released on parole over a separate corruption case.

CALGARY — A type of corporate equity structure used by several of Canada’s most prominent companies is once again under fire from critics in light of the current chaos at Rogers Communications Inc.

TORONTO — Critics of dual-class share structures say the fight for control of Rogers Communications Inc. is proof that the model is badly flawed. A dual-class share structure is one where companies issue different classes of common shares.

VANCOUVER — A&W Revenue Royalties Income Fund says it has reached an agreement in principle with the U.K.-based Pret A Manger chain to bring the sandwich and coffee chain to Canada.

EDMONTON — The first day of the Alberta legislature's fall sitting signalled the government's intention to focus on the economy and the Opposition determined to hold the United Conservatives to account for mismanaging COVID-19.

LONDON — Amid fallout from the Facebook Papers documents supporting claims that the social network has valued financial success over user safety, Facebook on Monday reported higher profit for the latest quarter.