National Business

HALIFAX — It's been a year since office towers were hollowed out, malls became ghost towns and the din of restaurants was hushed.

TORONTO — Five things to watch for in the Canadian business world in the coming week: St. Lawrence Seaway opens The 2021 navigation season of the St. Lawrence Seaway will officially launch on Monday. The St. Lawrence Seaway Management Corp.

TOKYO — Japan's Prime Minister Yoshihide Suga pledged Sunday to do his utmost to prevent a resurgence of the coronavirus ahead of the Olympic torch relay and his upcoming visit to Washington.

DUBAI, United Arab Emirates — Saudi Arabia’s state-backed oil giant Aramco announced Sunday that its profits nearly halved in 2020 to $49 billion, a big drop that came as the coronavirus pandemic roiled global energy markets. Saudi Arabian Oil Co.

ISTANBUL — Twitter has announced it will establish a legal entity in Turkey in order to continue operating in the country, which passed a controversial social media law last year.

Penny Wise became president of 3M Canada on Feb. 18, 2020, just as the COVID-19 virus was beginning to take hold in Canada. 3M had tackled health crises before, but like most Canadians, Wise had no idea how much the world was about to change.

ISTANBUL — Turkey’s president has fired the central bank governor, who in his four months in office had won the praise of investors for hiking interest rates and promising tighter monetary policies.

DUBAI, United Arab Emirates — A drone attack struck an oil installation in Saudi Arabia’s capital of Riyadh on Friday, the Saudi state-run news agency reported, igniting a blaze at the facility deep in the kingdom's territory.

TORONTO — The Canada Infrastructure Bank is launching a program dedicated to upgrading transportation, clean power and internet networks in Indigenous communities, but advocates say the initiative doesn't go far enough.

CALGARY — The decision by Chevron Canada Ltd. to stop funding its proposed Kitimat LNG project on B.C.'s north coast isn't surprising given its failed attempt to sell its stake over the past 15 months, an analyst says.