National Business

WATERLOO, Ont. — Business software company OpenText has acquired XMedius, a provider of secure file exchange and communication, for $75 million in cash.

ROME — Italy took a page from China’s playbook Sunday, attempting to lock down 16 million people — more than a quarter of its population — for nearly a month to halt the relentless march of the new coronavirus across Europe.

MONTREAL — As a new virus wreaks havoc on the global travel industry, aviation upstarts in Canada have their radar trained on a more entrenched set of challenges.

TORONTO — Five things to watch for in the Canadian business world in the coming week: Housing starts Canada Mortgage and Housing Corp. will release its preliminary housing start data for February on Monday.

SAN FRANCISCO — Twenty-one people aboard a mammoth cruise ship off the California coast tested positive for the new coronavirus and 19 of them are crew members, Vice-President Mike Pence announced Friday, amid evidence the vessel was the breeding gro

Federal regulators want to fine Boeing $19.68 million for installing sensors that the agency says might not have been compatible with a system pilots use to see instrument readings.

AUSTIN, Texas — The organizers of South By Southwest — which draws hundreds of thousands of visitors and some of Hollywood and music's biggest stars — announced Friday they had cancelled the annual arts and technology festival, saying they're “devast

VIENNA — OPEC and key ally Russia failed to agree Friday on a cut to oil production that would have contained the plunge in the price of crude caused by the new coronavirus outbreak's massive disruption to world business.

WASHINGTON — The response in stock markets to the growing risk from the coronavirus has been swift and fierce. But a better gauge of fear on Wall Street may be the bond market, where the moves over the past few weeks have been even more breathtaking.

NEW YORK — A dizzying, brutal week of trading dropped one last round of harrowing swings on investors Friday. After skidding sharply through the day as fear pounded markets, steep drops for stocks and bond yields suddenly eased up in the last hour.