National Business

TORONTO — Fairfax Financial Holdings Ltd. says it swung to an US$806-million profit attributable to shareholders in the first quarter on an increase in premiums as it donates millions of dollars to help India deal with increase in COVID-19 cases.

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (19,255.92, down 101.03 points.) Royal Bank of Canada. (TSX:RY). Financials. Up 37 cents, or 0.31 per cent, to $118.11 on 9.

CALGARY — Baytex Energy Corp. is increasing its 2021 capital budget and production guidance as it reports a smaller first-quarter net loss due to strengthening crude oil prices.

TORONTO — A supportive environment bolstered U.S. stock markets and Canada's main stock index dipped on lower metals prices, while the loonie increased for a seventh-straight day to top 81 cents US. "Strong U.S.

WASHINGTON — Powered by consumers and fueled by government aid, the U.S.

WASHINGTON — The number of Americans applying for unemployment benefits dropped by 13,000 last week to 553,000, the lowest level since the pandemic hit last March and another sign the economy is recovering from the coronavirus recession.

BILLINGS, Mont. — U.S.

ROME — Pope Francis set a 40-euro ($48) gift cap for all Vatican employees Thursday and issued a new law requiring Vatican cardinals and managers to periodically report on their compliance with clean financial practices in one of his biggest efforts

L.L.Bean is opening four new stores in Canada this year as the U.S. retailer continues to grow its customer base north of the border. The Freeport, Maine, company says the new stores will be in Dartmouth, N.S., Calgary, Victoria and Burnaby, B.C. L.

TORONTO — Travel company Transat AT Inc. says reimbursement for customers who have paid for flights that were scheduled to leave on or after Feb.