National Business

Thanks to the COVID-19 pandemic, tenants in many parts of the country are witnessing something they haven't seen in years: falling rent prices.

NEW DELHI — It took just one tweet from Rihanna to anger the Indian government and supporters of Prime Minister Narendra Modi's party.

CALGARY — Canadian oilsands and refining giant Suncor Energy Inc. is reporting a fourth-quarter net loss of $168 million or 11 cents per share, compared with a net loss of $2.34 billion or $1.52 in the same period of 2019.

VICTORIA — The British Columbia government is introducing a new grant program to support small and medium-sized businesses in expanding or pivoting to online sales.

MONTREAL — Investor advisory firm Glass Lewis is recommending Dorel Industries Inc. shareholders vote against a revised proposal to take the company private. The advisory firm calls the amended proposal price pump to $16 per share from $14.

MONTREAL — Stingray Group Inc. reported a third-quarter profit of $14.1 million, which grew from a profit of $8.1 million in the same quarter a year earlier.

General Motors said its CAMI plant in Ontario will be idle for a week as a worldwide shortage of computer chips plagues the auto industry. The measure affects all shifts next week in the plant in Ingersoll, Ont.

TORONTO — Canada's main stock index moved higher for a third-straight day as the energy sector got a lift from crude oil prices hitting their highest level in a year. The March crude oil contract was up 93 cents at US$55.

Even after stepping aside as CEO, Amazon founder Jeff Bezos will likely keep identifying new frontiers for the world's dominant e-commerce company. His successor, meanwhile, gets to deal with escalating efforts to curtail Amazon's power.

TORONTO — Telus Corp.'s digital consulting subsidiary is striking out on its own, hoping to gain recognition from investors as the realm of customer service is increasingly dominated by chat bots and social media management.