National Business

SILVER SPRING, Md. — Sales of existing homes rose 2.4% in August to its highest level since 2006 as the housing market recovers from a widespread shutdown in the spring brought on by the coronavirus outbreak.

CALGARY — A year after putting its European bulk liquid storage business on the block, Inter Pipeline Ltd. has signed a deal to sell most of it to the Madrid-based CLH Group for $715 million.

HALIFAX — Atlantic Canada's airports say they need more money from the federal government to cope with a massive decline in airline traffic owing to the COVID-19 pandemic.

TORONTO — Cloud software company Dye & Durham Ltd. of Toronto has signed a deal to buy U.K.-based rival Property Information Exchange Ltd. for $52.9 million.

DETROIT — The union that represents Canadian auto workers has extended its contract with Ford beyond its original Monday night deadline, a sign that progress is being made toward an agreement.

NEW YORK — The novelty of television stars getting Emmy Awards delivered to their homes wasn't enough to keep the annual show from slipping further in popularity. The Nielsen company said 6.

WATERLOO, Ont. — BlackBerry Ltd. and Telus Corp. say Edmonton's police service has signed on to become a customer for a secure emergency preparedness system that's used by the U.S. government.

BEIJING — The former chairman of a state-owned real estate company who publicly criticized President Xi Jinping’s handling of the coronavirus pandemic was sentenced to 18 years in prison on Tuesday on corruption charges, a court announced.

TORONTO — Friends of Canadian Broadcasting is calling on Parliament to restrain social media platforms from distributing harmful or hateful content by applying the same laws that publishers and broadcasters already face.

MONTREAL — DavidsTea Inc. swung to a $2.6-million profit in its latest quarter despite a 41 per cent decrease in sales during the COVID-19 store closings.