Bloomberg A 75% wage subsidy touted by Canadian Prime Minister Justin Trudeau has caught the interest of the country’s biggest airline, a request that could cost the government as much as C$30.5 million (about $22 million) a week. Air Canada said it will apply for the money to help keep or recall its 36,000 employees based in the country, 16,500 ...

Bloomberg Costco Wholesale Corp’s sales soared in March, but not as much as expected: Curbs the retailer placed on its operations to cope with coronavirus-related demand slowed the pace in the back half of the month. The shares fell in extended trading. The retailer’s comparable US sales excluding fuel — a key metric watched by analysts — rose 12.1%, it ...

Bloomberg South Africa’s property owners will provide relief to retail tenants hardest hit by a nationwide lockdown to curb the spread of Covid-19. The initiative, which focusses on small-, medium- and micro-sized enterprises, will be rolled out by landlords nationally, the Property Industry Group said in a statement published on the website of the South African Real Estate Investment Trusts ...