Ontario Teachers’ Pension Plan, a Canadian fund that manages $242.5 billion (US$181 billion) of assets, has paused direct investing in private assets in China, according to people familiar with the matter.

Losing mental capacity as you age may also mean losing your chance to make or alter a Will. While dementia and Alzheimer’s Disease can be health tragedies, they may not need to be financial ones if you consider doing your estate planning now.

Aimia says it has signed a deal to buy rope and net maker Tufropes for $249.6 million.

Meta Platforms Inc. reported better-than-expected sales during the holiday quarter, fueled by strong demand for advertising as it attracted more users to its Facebook social network.

Peloton Interactive Inc. reported improved cash flow and a narrower net loss in the latest quarter, leading Chief Executive Officer Barry McCarthy to say that questions about the viability of the business have been “put to bed.” The shares jumped 27% to $16.36 in New York, marking a record one-day increase.

FedEx is cutting its global management jobs by more than 10 per cent to become a “more efficient, agile organization,” Chief Executive Officer Raj Subramaniam said in a memo to employees.

A new tax on vacant homes is set to take effect in Toronto and homeowners have until this Thursday to declare the status of their properties.

PayPal Holdings Inc. said it will cut 2,000 staffers as it contends with a macroeconomic slowdown that’s weighed on the firm’s business in recent quarters.