National Business

CALGARY — Oil production and refining volumes at Husky Energy Inc. are gradually returning to normal after deep cutbacks earlier this year but the company is braced for a "bumpy" recovery, CEO Rob Peabody said Thursday.

TORONTO — As sponsors cut ties with WE Charity and it faces scrutiny from MPs, donors and the Canadian public, experts say the organization must tackle the question of how to move forward financially.

Grubhub's average daily orders jumped 32% in the second quarter as the pandemic shut in diners, but the company swung to a loss as it spent heavily to prop up struggling restaurants and protect drivers.

WASHINGTON — The government says the U.S economy grew a bit more slowly last year than it had previously estimated and slightly faster in 2018.

The pandemic-fueled boom in online shopping shows no signs of slowing down, providing more business for delivery companies like United Parcel Service Inc. UPS said Thursday that shipments from businesses to U.S.

LONDON — Pharmaceutical company AstraZeneca repeated its promise not to profit from a COVID-19 vaccine during the pandemic as it reported it was on track with late-stage trials for the treatment.

CALGARY — The CEO of TC Energy Corp. says the company will begin moving more oil from Western Canada into the United States by next year under a new U.S. presidential permit for the existing Keystone pipeline system.

MONTREAL — Molson Coors Beverage Co. continues to grapple with what the CEO called a "global can shortage" as consumers shifted away from drinking at bars and restaurants and started consuming more drinks at home due to the COVID-19 pandemic.

Maple Leaf Foods Inc. overcame a steep drop in restaurant and food supply sales last quarter to furnish a $25-million profit thanks to a revenue boost in pork, retail consumption and Asian demand. The meat giant raised sales by seven per cent $1.

Shares of Resolute Forest Products Inc. surged as much as 48 per cent Thursday after the lumber, pulp and paper producer beat analyst profit expectations in the second quarter despite a 19 per cent decrease in revenues.