National Business

BEIJING — Stock indexes are edging higher on Wall Street Monday as markets regain their footing following a big stumble on Friday on worries about the spread of the new variant of the coronavirus. The S&P 500 rose 0.8% as of 10:49 a.m. Eastern.

Canadians should experience the fastest drop in gasoline prices in nearly 13 years on Sunday as fears about a virulent new COVID-19 variant are expected to provide a break of 11 cents per litre at the pumps.

TORONTO — Five things to watch for in the Canadian business world in the coming week: Bank earnings: Canada’s big banks are set to report earnings this week, with Scotiabank kicking things off on Tuesday, followed by RBC and National Bank on Wednesda

TORONTO — Canada's big banks are undergoing a migration.

LONDON (AP) — The U.K.

CALGARY — Canada's main energy regulator has rejected Enbridge Inc.'s proposal to fill its Mainline pipeline network through long-term contracts.

TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (21,125.90, down 487.29 points.) Suncor Energy Inc. (TSX:SU). Energy. Down $2.20, or 6.47 per cent, to $31.82 on 19.7 million shares.

Canada's main stock index had its worst day in more than a year Friday as worries about a new COVID variant in southern Africa prompted a broad-based selloff by spooked investors. The S&P/TSX composite index was down 487.28 points at 21,125.

VICTORIA — B.C.'s private cannabis stores can now start stocking pot-themed clothing, books and other goods.

GATINEAU, Que. — Rogers Communications Inc. used the last day of CRTC hearings reviewing its proposed takeover of Shaw Communications Inc.