National Business

MONTREAL — Air Canada and Transat AT have mutually agreed to terminate the $190-million purchase of Transat after the European Commission indicated its unwillingness to approve the transaction.

MONTREAL — Transat AT Inc. says talks with Pierre Karl Péladeau regarding the potential acquisition of the travel company have ended without a deal.

CALGARY — Inter Pipeline Ltd. has rejected a revised hostile takeover offer by Brookfield Infrastructure Partners LP that allows shareholders to receive their payment entirely in cash instead of a mix of cash and shares if they want.

NEW YORK (AP) — Steven Spielberg, a filmmaker synonymous with big-screen enchantment, has set a new deal with Netflix in which his production company, Amblin Partners, will make multiple feature films per year for the streaming giant.

TORONTO — Most of the weddings Tammy Maki caters were cancelled when the COVID-19 pandemic began. The Sudbury, Ont. chef had a no-refunds policy, but couples were in such despair she gave some money back and allowed others to postpone bookings.

WASHINGTON (AP) — In a ruling that could help push changes in college athletics, the Supreme Court on Monday unanimously ruled that the NCAA can't enforce certain rules limiting the education-related benefits — things like computers and graduate scho

TEHRAN, Iran (AP) — Iran’s sole nuclear power plant has undergone an unexplained temporary emergency shutdown, the country's state TV reported.

STOCKHOLM (AP) — Stefan Lofven, Sweden’s Social Democratic prime minister since 2014, lost a confidence vote in parliament on Monday amid a housing crisis and skyrocketing real estate prices, making him the first Swedish government leader ever to los

NEW YORK (AP) — For her tour this fall to promote her memoir “Going There,” Katie Couric is anticipating not only the interest of her fans but a return to something like a pre-pandemic world.

TORONTO — When shared e-scooter companies rolled into Canada in 2018, they hoped a few small pilots would quickly result in a country full of people zipping around on two wheels.