Bloomberg Canada granted an emergency loan to a company selling beach holidays, the first sign of a rescue package awaited by the industry after PM Justin Trudeau barred travel to Mexico and other sun destinations. Two related firms, Sunwing Airlines Inc and Sunwing Vacations Inc, will receive a combined C$375 million ($292 million) under a federal loan facility aimed at large …

Bloomberg Kroger Co plans to close two Southern California supermarkets following passage of a local ordinance that requires grocery stores to raise their frontline workers’ hourly pay by $4. A Ralphs store and a Food 4 Less store in Long Beach, California, will close on April 17, the company said in a statement. A spokesperson declined to provide additional information …

Bloomberg Hong Kong’s retailers didn’t see much benefit from the key holiday shopping season, with sales plunging in December after the government tightened controls to combat a surge in virus cases. Retail sales by value fell 13.2% from a year ago to HK$31.4 billion ($4.05 billion), after dropping a revised 4.1% in November, the Hong Kong Census and Statistics Department …