National Business

CALGARY — Frankfurt-based Deutsche Bank is joining a lengthening list of European lenders and insurance companies that say they won't back new oilsands projects.

CALGARY — Oilsands producer MEG Energy Corp. is reporting a higher second-quarter net loss on voluntarily curtailed bitumen production and lower oil prices.

NEW YORK — Target is joining Walmart in closing its stores on Thanksgiving Day, ending a decadelong tradition of jump-starting Black Friday door buster sales.

HOUSTON — The Trump administration has agreed not to expel a group of immigrant children it detained in a Texas hotel under an emergency declaration citing the coronavirus and will instead allow them to seek to remain in the U.S.

TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (16,161.33, up 164.27) Bombardier Inc. (TSX:BBD.B). Industrials. Unchanged at $0.43 on 10.09 million shares. Zenabis Global Inc.

TORONTO — The price of gold soared to a record high Monday, boosting Toronto's main stock index to a triple-digit gain. "That's certainly the big story today," said Michael Currie, vice-president and investment adviser at TD Wealth.

MONTREAL — Longshoremen at the Port of Montreal launched a four-day strike on Monday morning, throwing a potential wrench into the economic recovery amid COVID-19.

NEWMARKET, Ont. — AirBoss of America Corp. shares shot to a five-year high Monday after the Ontario company got a contract worth up to US$121 million to supply air purifying respirators to the U.S. government. The shares hit an intraday high of $24.

NEW YORK — In the latest plan for Hollywood’s hopeful return to moviegoing during the pandemic, Warner Bros. will release Christopher Nolan's “Tenet” in an unprecedented fashion, opening it internationally first, with a U.S.

TORONTO — Canadian hotels are the latest group to launch a class action lawsuit resulting from COVID-19 after they were denied insurance coverage for business income lost because of the pandemic.