National Business

Calgary-based Topaz Energy Corp. says it is pricing its initial public offering at the low end of the $13-to-$15 range it announced last month. The subsidiary of Calgary-based Tourmaline Oil Corp. says it expects gross proceeds of about $217.

TORONTO — North American stock markets started the trading week lower on continued uncertainty about U.S. politicians reaching a stimulus deal ahead of the approaching election.

NEW YORK — ConocoPhillips is buying shale producer Concho Resources in an all-stock deal valued at $9.7 billion, making it a major presence in the Permian Basin, the top-producing oil field in the U.S.

TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (16,274.07, down 164.68 points.) Enbridge Inc. (TSX:ENB). Energy. Down 55 cents, or 1.42 per cent, to $38.31 on 10.2 million shares.

More than half the current workforce of Air Transat flight attendants were notified last week that they will be temporarily laid off, says the Canadian Union of Public Employees.

EDMONTON — Alberta has announced a three-year deal that it says will prevent municipal taxes and levies from harming its already battered energy industry.

WINDSOR, Ont. — Unionized workers at Fiat Chrysler Automobiles Canada have voted to approve a new three-year contract, Unifor said Monday. About 78 per cent of votes were in favour of the deal, according to the union.

MONTREAL — BCE Inc. says Wade Oosterman, Bell group president and vice-chair, will assume operational leadership of Bell Media next year. Oosterman will take on the responsibilities following the departure of Bell Media president Randy Lennox on Jan.

LONDON — Nokia says it has been tapped by NASA to build the first cellular communications network on the moon.

FORT WORTH, Texas — Before long, American Airlines might find out how many travellers are reluctant to fly on the Boeing 737 Max.