While the Canadian Transportation Agency states airlines only have to offer passengers travel vouchers for cancelled flights due to the COVID-19 pandemic, both the European Union and the U.S. have declared that — under their rules — passengers are entitled to refunds. “Canadians should have the same rights to get their refund,” said passenger Olinda Vieira of…

Stock markets continued a strong rally on Tuesday as early signs of a slowdown in coronavirus cases in U.S. hot spots raised hopes that the sweeping lockdown measures were working. The Toronto Stock Exchange’s benchmark index was up by almost 400 points or almost three per cent in early trading, while the Dow Jones Industrial…

Taiwan’s cabinet has told government agencies to stop using Zoom Video Communications Inc.’s video conferencing app, the latest blow to the company as it battles criticism of its booming platform over privacy and security. Zoom’s daily users ballooned to more than 200 million in March, as coronavirus-induced shutdowns forced employees to work from home and…

MTY Food Group Inc. has suspended its quarterly dividend, temporarily laid off over half of its workforce and reduced the base salaries of its leadership team. The owner of brands such as Thai Express, Tiki-Ming, Tutti Frutti and Valentine says approximately 2,100 restaurants in its network have temporarily closed while the rest are operating in…

Stocks jumped in markets around the world Monday after some of the hardest-hit areas offered sparks of hope that the worst of the coronavirus outbreak may be on the horizon. U.S. stocks climbed more than four per cent in the first few minutes of trading, following up on similar gains in Europe and Asia. In another sign…

Insurance company Allstate is offering its U.S. customers a 15 per cent discount on their bills for April and May as most of the country finds itself in some sort of lockdown due to COVID-19. The Illinois-based company is calling the initiative the “Shelter-in-Place Payback” and says it is implementing the policy “to help its…