National Business

TORONTO — CIBC says the sale of a large portion of its majority stake in CIBC FirstCaribbean to GNB Financial Group Ltd. will not go ahead after it did not receive approval from regulators.

CAMBRIDGE, Ont. — ATS Automation Tooling Systems Inc. beat expectations as it reported its third-quarter profit rose compared with a year ago as it reduced costs. The maker of automation systems says it earned $18.

LONDON — Britain’s health chief said Wednesday that a new study suggesting that a single dose of the Oxford-AstraZeneca COVID-19 vaccine provides a high level of protection for 12 weeks supports the government’s strategy of delaying the second shot s

NEW YORK — Jeff Bezos, who founded Amazon as an online bookstore and built it into a shopping and entertainment behemoth, will step down later this year as CEO, a role he's had for nearly 30 years, to become executive chairman, the company announced

TALLAHASSEE, Fla. — Florida lawmakers, including Gov.

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (17,874.49, up 182.04 points.) BlackBerry Ltd. (TSX:BB). Technology. Down $4.03, or 21.42 per cent, to $14.78 on 14.4 million shares.

NEW YORK — Cable television news has never been more in vogue and so competitive. Several programs on MSNBC and CNN had their most-watched months ever in January, the Nielsen company said.

MOSCOW — A Moscow court on Tuesday ordered Russian opposition leader Alexei Navalny to prison for more than 2 1/2 years, finding that he violated the terms of his probation while recuperating in Germany from nerve-agent poisoning.

TORONTO — North American stock markets surged higher for a second day as some of recent volatility eased and investors returned to their favourite companies. The S&P/TSX composite index closed up 182.04 points to 17,874.

People in Montreal and Quebec City rushed to buy a record number of homes at the start of the year, but had fewer options to choose from.