National Business

TOKYO — Asian shares were mixed on Wednesday, on continuing worries about the economic fallout from the pandemic as reports of coronavirus cases keep surging in various regions. Japan's benchmark Nikkei 225 dropped 1.7% in morning trading to 18,588.

NEW YORK — With refrigerated morgue trucks parked on New York City's streets to collect the surging number of dead, public health officials projected Tuesday that the coronavirus could ultimately kill more than 100,000 people across the U.S.

NEW YORK — Kevin Durant and Trae Young will lead a 16-player field of NBA players in an NBA 2K20 tournament airing on ESPN. The NBA, the players’ association and 2K announced the NBA 2K Players Tournament on Tuesday.

WASHINGTON — President Donald Trump is poised to roll back ambitious Obama-era vehicle mileage standards and raise the ceiling on damaging fossil fuel emissions for years to come, gutting one of the United States' biggest efforts against climate chan

MONTREAL — Air Canada will temporarily lay off 16,500 employees starting this week as the airline struggles with fallout from the COVID-19 pandemic.

CALGARY — A final investment decision clearing the way for construction of the long-delayed Keystone XL Pipeline was greeted with relief on Tuesday by an Alberta oilpatch where production has grown faster than pipeline capacity.

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (13,378.75, up 340.25 points.) Suncor Energy Inc. (TSX:SU). Energy. Up $3.49, or 18.4 per cent, to $22.46 on 24.9 million shares.

TORONTO — Canada's main stock index capped its worst first quarter since at least the financial crisis more than a decade ago on an upswing caused by a rise in the energy sector. The key sector rose by 15.

Canadian grain is in high demand as shippers try to feed a growing appetite from mills and governments seeking to shore up staple reserves amid the COVID-19 pandemic.

TORONTO — Credit counsellor Pamela George is hearing from Canadians who feel lost amid the financial strife of COVID-19. After the Ottawa-based adviser began offering free phone consultations last month, the stories began to flow in.