National Business

TOKYO — Asian shares surged Tuesday after a rally in U.S. stocks, mostly spurred by health care companies' announcements of developments that could aid in the coronavirus outbreak. Japan's benchmark Nikkei 225 rose 0.8% in morning trading to 19,243.

NEW YORK — Sony Pictures on Monday cleared out its summer calendar due to the coronavirus, postponing the releases of Jason Reitman's “Ghostbusters: Afterlife” and the Marvel movie “Morbius” to 2021.

OTTAWA — The federal government says it will help broadcasters deal with the fallout from COVID-19 by waiving $30 million usually paid by the industry to support the operations of Canada's telecommunications regulator.

VANCOUVER — A federally appointed panel has found the development of a new shipping container terminal south of Vancouver would result in "significant adverse" effects on endangered southern resident killer whales.

WUHAN, China — The city at the centre of China's virus outbreak was reopening for business Monday after authorities lifted more of the controls that locked downs tens of millions of people for two months.

NEW YORK — Macy's, Kohl's and Gap Inc. all said Monday they will stop paying tens of thousands of employees who were thrown out of work when the chains temporarily closed their stores and sales collapsed as a result of the pandemic.

Truckers are increasingly being denied warm meals, hot showers or even a place to wash their hands as rest stops close and service stations bar access to washrooms amid the COVID-19 pandemic.

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

TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (13,038.50, up 350.76 points.) Bombardier Inc. (TSX:BBD.B). Industrials. Down three cents, or 6.59 per cent, to 42.5 cents on 17.

TORONTO — Canada's main stock index moved higher on gains by the key energy sector even though the price of crude oil dropped to its lowest level since 2002.