National Business

CALGARY — Shares in junior oil and gas producer Cardinal Energy Ltd. rose eight cents or 12.3 per cent on Monday to 73 cents after it announced billionaire oilman Murray Edwards stands to nearly double his stake in the company to about 18 per cent.

WARSAW, Poland — Poland's state-run oil company, PKN Orlen, announced Monday that it was buying Polska Press, a large private media group currently under German control that owns a wide swath of daily and weekly newspapers in the country.

MONTREAL — Two investor advisory services have recommended that shareholders of Transat AT Inc. support a takeover offer from Air Canada at a reduced price.

MONTREAL — Courier services are grappling with a record-setting number of packages as the second wave of virus cases force more people to do their holiday shopping online.

TORONTO — Canada's main stock index moved to within two per cent of a record high Monday on gains in the materials and technology sectors. Gold and silver prices increased, partly on expectations that U.S.

TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (17,582.35, up 61.38 points.) Suncor Energy Inc. (TSX:SU). Energy. Down nine cents, or 0.39 per cent, to $22.88 on 27.3 million shares.

MONTREAL — Visa is joining MasterCard in investigating allegations against Pornhub.com after a newspaper alleged the website is hosting videos depicting child abuse.

NEW YORK — To many music lovers, Bob Dylan's songbook is priceless. Well, now he's put a price on it.

BURLINGTON, Ont. — Ikea announced Monday that the 2021 edition of its famed product catalogue will be its last, ending a 70-year run.

TORONTO — Ontario's expansion of virtual health-care services has been too slow, its retirement homes have an increasing number of residents who should be in long-term care, and its gaming, alcohol and cannabis regulator lacks transparency, the provi