National Business

CALGARY — Canada's oil and gas producers are continuing to cut billions of dollars from capital spending budgets and reduce payouts to investors in the wake of this week's sharp plunge in oil prices. Calgary-based ARC Resources Ltd.

OTTAWA — Statistics Canada says household debt as a percentage of disposable income edged down in the fourth quarter. The agency says Canadian households owed an average of $1.763 for every dollar of disposable income, down from the $1.

CALGARY — ARC Resources Ltd. cut its capital budget and slashed its dividend to help deal with the plunge on commodity markets.

BANGKOK — European stocks rose Friday and Wall Street was set to gain on the open after turbulent trading in Asia and a day after the market's worst session in over three decades. Shares rose in Paris and London but fell 6.

NEW YORK — The entertainment industry prepared Thursday for an unprecedented shutdown to curb the spread of the coronavirus, cancelling upcoming movies, suspending all Broadway performances and scuttling concert tours until it's safe to welcome crowd

TORONTO — Businesses are ramping up their efforts to stop the spread of the novel coronavirus after a string of cases cropped up at Canadian workplaces in recent days.

OTTAWA — The Bank of Canada says it is providing $7 billion to the country's banking system and expanding its bond buy-back program.

New York's governor ordered all Broadway theatres to shut their doors in the face of ongoing coronavirus concerns, plunging into darkness one of the city's most popular tourist attractions and causing turmoil in the run-up to the Tony Awards. Gov.

LOS ANGELES — The Walt Disney Co. officially postponed the theatrical release of “Mulan," while Universal Pictures moved back the release of the ninth Fast and Furious film by a year amid the coronavirus outbreak.

New York's governor ordered all Broadway theatres to shut their doors in the face of ongoing coronavirus concerns, plunging into darkness one of the city's most popular tourist attractions and causing turmoil in the run-up to the Tony Awards. Gov.