National Business

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.

CALGARY — Canadian Pacific Railway Ltd. says it earned $598 million in its latest quarter, down from $618 million in the same quarter last year. The railway said Tuesday the profit amounted to $4.41 per diluted share for the quarter ended Sept.

Countries across Europe are battling coronavirus infection spikes with new lockdowns, curfews, face mask orders and virus tracking smart phone apps.

MONTREAL — The Laurentian Bank of Canada named former Scotiabank executive Rania Llewellyn as its next president and chief executive, making her the first woman to lead a major Canadian bank. Llewellyn takes over the job on Oct.