National Business

TORONTO — A rally of North American stock markets dissipated near closing on fading hopes of a stimulus deal in time for next month's U.S. election.

CALGARY — The Alberta government says it welcomes the news that Ottawa has approved an expansion of the Nova Gas Transmission Ltd. gathering system in Alberta — while condemning federal delays that it says cost this summer's construction season.

TORONTO — A U.S. environmental group is making a direct appeal to Canadians for help in persuading the Canada Pension Plan to end its investment in a Colorado-based oil and gas company due to safety and pollution concerns.

MONTREAL — The boards of directors at Cogeco Inc. and Cogeco Communications Inc. have unanimously rejected a revised unsolicited takeover offer from Altice USA Inc. and Rogers Communications Inc. The companies' boards met Tuesday to consider the $11.

TORONTO — Kinross Gold Corp. says it intends to rely mainly on internally generated opportunities to continue to produce an average of 2.5 million gold equivalent ounces per year over the next decade.

Canadian auto parts company Magna International Inc. has chosen company veteran Seetarama Kotagiri as its new chief executive amid the retirement of Don Walker, who led the company through turmoil to growth.

DETROIT — General Motors plans to spend $2 billion to convert its Spring Hill, Tennessee, assembly plant into a third U.S. site to build future electric vehicles.

BANGKOK — Thailand’s tourist industry took a modest step toward reviving its coronavirus-battered fortunes Tuesday by welcoming 39 visitors who flew in from Shanghai, the first such arrivals since regular travellers were banned almost seven months ag

BISMARCK, N.D. — Native American tribes opposed to the Dakota Access Pipeline once again have asked a federal judge to stop the flow of oil while the legal battle over the line’s future plays out.

Sweden is banning Chinese tech companies Huawei and ZTE from building new high-speed wireless networks after a top security official called China one of the country's biggest threats.