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Pandemic hampered Q2 earnings, caused net income to fall: Sun Life CEO

Pandemic hampered Q2 earnings, caused net income to fall: Sun Life CEO

TORONTO — Sun Life Financial Inc. says the COVID-19 pandemic is to blame for troubles in its latest quarter.
Second Cup to close more stores and pilot gas station drive-thrus

Second Cup to close more stores and pilot gas station drive-thrus

MISSISSAUGA, Ont. — The Second Cup Ltd. plans to close more stores, sell more of its product in grocery stores and open gas station drive-thrus as it looks to recover from the deep hit absorbed during the COVID-19 pandemic. The Mississauga, Ont.
Interfor earns $3.2 million in second quarter on lower revenues

Interfor earns $3.2 million in second quarter on lower revenues

VANCOUVER — Interfor Corp. says it earned $3.2 million in profits in its latest quarter despite lower revenues.
China sentences fourth Canadian to death on drug charges

China sentences fourth Canadian to death on drug charges

BEIJING — China has sentenced a fourth Canadian citizen to death on drug charges in less than two years following a sharp downturn in ties over the arrest of an executive of Chinese tech giant Huawei.
Trump bans dealings with Chinese owners of TikTok, WeChat

Trump bans dealings with Chinese owners of TikTok, WeChat

NEW YORK — President Donald Trump has ordered a sweeping but vague ban on dealings with the Chinese owners of popular social media apps TikTok and WeChat on security grounds, a move China's government criticized as “political manipulation.
Western Forest Products earns $8.5M in second quarter despite sales dip

Western Forest Products earns $8.5M in second quarter despite sales dip

VANCOUVER — Western Forest Products Inc. beat expectations as the company earned $8.5 million in its latest quarter on a 17-per-cent drop in revenues over uncertainty related to COVID-19.
India surpasses 2 million cases as health volunteers strike

India surpasses 2 million cases as health volunteers strike

NEW DELHI — As India hit another grim milestone in the coronavirus pandemic on Friday, crossing 2 million confirmed cases and more than 41,000 deaths, community health volunteers went on strike complaining they were ill-equipped to respond to the wav
Virus talks on brink of collapse, sides still 'far apart'

Virus talks on brink of collapse, sides still 'far apart'

Washington talks on vital COVID-19 rescue money are teetering on the brink of collapse after a marathon meeting in the Capitol Thursday night generated a wave of recriminations but little progress on the top issues confronting negotiators.

Recipe Unlimited sales cut in half in Q2 as restaurants ordered closed

VAUGHAN, Ont. — Recipe Unlimited Corp. saw system sales fall more than 55 per cent in its most recent quarter as the COVID-19 pandemic prompted dining room closures across Canada. The Vaughan, Ont.

Linamar sees second-quarter sales fall by more than 50 per cent amid COVID-19

GUELPH, Ont. — Linamar Corp. saw its latest quarterly sales slashed by more than half amid the COVID-19 pandemic. The company based in Guelph, Ont., says sales for the three months ended June 30 totalled $923.6 million — down from roughly $2.