National Business

WASHINGTON — President Donald Trump said Saturday he's given his “blessing” to a proposed deal between Oracle and Walmart for the U.S. operations of TikTok, the Chinese-owned app he's targeted for national security and data privacy concerns.

The U.S. Commerce Department said Friday it will ban Chinese-owned TikTok and WeChat from U.S. app stores on Sunday and will bar the apps from accessing essential internet services in the U.S.

TORONTO — Shares in Kinross Gold Corp. rose by more than six per cent on Friday after it announced it would introduce its first dividend in seven years in view of growing gold production.

TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (16,198.97, down 47.75 points.) Wallbridge Mining Co. Ltd. (TSX:WM). Materials. Unchanged at $1.21 on 36.7 million shares. New Gold Inc.

MONTREAL — Rachel Farrell can now claim the unfortunate distinction of having two destination weddings called off in one year. The 26-year-old event co-ordinator had booked a Transat flight out of Halifax for Feb.

TORONTO — North American stock markets dipped to close a relatively flat week on signs of a slowing U.S. recovery and weakness in the American technology sector. Markets started moved lower after the U.S.

Hundreds of productions and thousands of entertainment jobs are on hold because the federal government has yet to intervene and help them get COVID-19 insurance, say two Canadian film and television organizations.

Retail sales in Canada “hit a wall” in July after big gains in May and June, a sign that the economic recovery could be slow and bumpy. Statistics Canada said Friday overall retail sales in July rose 0.6 per cent to $52.

OTTAWA — Statistics Canada says wholesale sales rose 4.3 per cent in July to a record high of $65.0 billion, boosted by the motor vehicle and motor vehicle parts and accessories subsector. Economists had expected an increase of 3.

VANCOUVER — Ivanhoe Mines Ltd. is confirming a third death after an underground accident Monday at its Platreef mine development project in South Africa.