National Business

Much of Canada, including B.C., is set to turn back the clocks at 2 a.m.

TORONTO — Five things to watch for in the Canadian business world in the coming week: September trade figures Statistics Canada to release international merchandise trade and trade in services figures for September on Wednesday.

NEW YORK — Exxon Mobil reported its third consecutive quarter of losses as the global pandemic curtailed travel and crippled global economic activity. The energy giant on Friday posted a $680 million third-quarter loss and revenue tumbled to $46.

VANCOUVER — Teck Resources Ltd. says it has been ordered by Environment and Climate Change Canada to improve the quality of water affected by two of its coal mining operations in B.C.'s Elk Valley.

WASHINGTON — U.S. consumers increased their spending by 1.

CALGARY — Surging production from its Kearl oilsands mine after an unplanned two-week outage, along with a better-than-targeted drop in capital and operational spending, helped Imperial Oil Ltd.

FRANKFURT — The European economy grew by an unexpectedly large 12.

OTTAWA — The pace of economic growth in Canada slowed in August as real gross domestic product grew 1.2 per cent in the month, Statistics Canada said Friday. The rise compared with a revised 3.

NEW YORK — Exxon Mobil is slashing 1,900 jobs from its U.S. workforce and mulling cuts to its Canadian operations, while Chevron plans to cut a quarter of the employees at its recently acquired Noble Energy as the pandemic saps demand for fuel.

TOKYO — Japan’s coronavirus cases have topped 100,000, nine months after the first case was found in mid-January, the health ministry said Friday.