National Business

The popular video-sharing app TikTok, its future in limbo since President Donald Trump tried to shut it down earlier this fall, is asking a federal court to intervene. TikTok's Chinese owner, ByteDance, has until Thursday to sell off its U.S.

VAUGHAN, Ont. — Auto parts maker Martinrea International Inc. says it hopes to benefit from recent Canadian investments announced by Detroit-based U.S. automakers as it recovers from the COVID-19 pandemic.

TORONTO — Toymaker Spin Master says its revenue grew 4.3 per cent in its latest quarter as growing interest in DC-licensed products and Kinetic Sand offset fading sales of Hatchimals and some Paw Patrol toys.

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (16,774.14, up 158.77 points.) Aurora Cannabis Inc. (TSX:ACB). Health care. Down 75 cents, or 6.96 per cent, to $10.03 on 17.

TORONTO — Canada's main stock index posted another triple-digit gain led by a rebound in the technology sector that also pushed most U.S. stock markets higher.

TORONTO — Great Canadian Gaming Corp.'s chief executive officer faced a barrage of questions Wednesday from some of its minority shareholders who oppose the casino operator's acceptance of a $3.3 billion takeover announced the previous evening.

NEWMARKET, Ont. — AirBoss of America Corp. says its net profit surged in the third quarter on a more than doubling of revenues from supplying respirators and related products ordered by U.S. government agencies in response to COVID-19.

HALIFAX — Shares of Chorus Aviation Inc. fell as much as 12.7 per cent Wednesday after the regional aviation company reported third-quarter results that missed expectations as it continues to feel the effects of COVID-19.

CALGARY — Three weeks after its initial public offering, Topaz Energy Corp. says it expects about 15 per cent growth in royalty production and 38 per cent higher adjusted earnings next year compared with this year.

FRANKFURT — European Central Bank head Christine Lagarde warned Wednesday that the economy could face a “bumpy,” “stop-start” recovery despite good news about vaccine development.