National Business

MONTREAL — European regulatory authorities are delaying their decision on approving the proposed purchase of Transat A.T. by Air Canada until early next year. The European Commission says it will decide by Jan.

TORONTO — Telus Corp. on Friday announced a $1.2-billion acquisition that fits plans for converting its international division into a public company. Lionbridge AI of Waltham, Mass.

TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (16,282.83, down 15.34 points.) Aurora Cannabis Inc. (TSX:ACB). Health care. Up $4.57, or 55.87 per cent, to $12.75 on 48.

TORONTO — Canada's main stock index dipped slightly Friday but concluded its best week in nearly seven months while the loonie reached its highest level since January. Positive sentiment was spurred on by a close U.S.

Aerospace firm SpaceX has been granted a second round of government approval to provide high-speed internet to Canadians through a constellation of satellites.

WASHINGTON — U.S. consumers increased their borrowing in September, helped by the first gain in the category that covers credit cards in seven months. The Federal Reserve reported that total borrowing rose by $16.

CALGARY — Trican Well Service Ltd.

CALGARY — There’s opportunity for Canada to help supply the world’s growing need for “energy transition metals” used in electric vehicle and power storage batteries but it faces stiff competition from other countries, especially China, observers say.

Magna International chief executive Don Walker said sustainability, as well as diversity and inclusion, are priorities for car manufacturers that are looking to work with the auto parts maker.

TORONTO — Hydro One Ltd. reported its latest quarterly revenue and profit were up compared with a year ago as a hot summer helped bolster electricity demand.