National Business

DUBAI, United Arab Emirates (AP) — The Middle East's largest airline, Emirates, announced on Tuesday a net loss of $5.5 billion over the past year as revenue fell by more than 66% due to global travel restrictions sparked by the coronavirus pandemic.

A deal between Canada Life Assurance Co. and the owner of the Winnipeg Jets will see the hockey team's home arena renamed to the Canada Life Centre.

The Winnipeg Jets will play their home games at the Canada Life Centre starting July 1, when the insurance provider begins its 10-year contract at the arena currently known as the Bell MTS Centre.

SAN DIEGO (AP) — A producer for a now-defunct California porn website was sentenced to 20 years in federal prison Monday for coercing or tricking women into appearing in sex videos.

LONDON (AP) — Love it or hate it, tequila conjures up strong feelings in many drinkers. “Forgive us for the old memories of bad quality tequila!” jokes Antonio Rodriguez, director of production at Patrón Tequila.

HALIFAX — The value of crude oil exports from Canada has increased over 15-fold in the last 30 years, according to a report from Statistics Canada and the Canada Energy Regulator.

EDMONTON — Premier Jason Kenney says 48,000 more Albertans must step up for a first dose of COVID vaccine to fully lift health restrictions, and hopes his new lottery plan will be that incentive.

TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (20,157.65, up 19.30 points.) Canadian Natural Resources (TSX:CNQ). Energy. Up 28 cents, or 0.62 per cent, to $45.53 on 28.

TORONTO — Canada's main stock index shrugged off some early weakness to rally to a record close ahead of a two-day meeting of the U.S. Federal Reserve, where rising inflation is expected to be front and centre.

HALIFAX — Air Canada has announced a list of new international routes that will be a part of its cargo service expansion this fall.