National Business

OTTAWA — Businesses and consumers are expecting inflation to slow faster than they previously thought but as high interest rates weigh on the economy, they're also adjusting their finances to account for a slowdown.

Rogers Communications Inc's $26-billion takeover of Shaw Communications Inc. cleared the last regulatory hurdle Friday, more than two years after the deal was first announced.

Plan requires court, regulatory and shareholder approvals

When Jamie Robinson thinks about the number of properties available in and around Alberta's mountain mecca Banff, one word comes to mind: "horrendous.

MONTREAL — Saputo Inc. has signed a deal to sell two milk processing plants in Australia to supermarket giant Coles Group Ltd. for about $95 million.

WWE and the company that runs Ultimate Fighting Championship will combine to create a $21.4 billion sports entertainment company. A new publicly traded company will be formed that houses the UFC and WWE brands, with Endeavor Group Holdings Inc.

CALGARY — Ovintiv Inc. has signed a deal to buy a portfolio of assets in the Midland Basin in Texas in an agreement valued at US$4.275 billion in cash and shares.

TORONTO — It was only after his flight landed in Toronto last year that Wet'suwet'en hereditary chief Na’Moks learned that Royal Bank of Canada had cancelled its in-person annual general meeting with less than a day's notice.

DUBAI, United Arab Emirates (AP) — Several major oil producing countries have joined Saudi Arabia in announcing surprise production cuts that could send world oil prices higher.

WASHINGTON — As the world struggles to find the right balance between a carbon-free future and a present that still runs on fossil fuels, Canada could be leveraging its natural-gas riches to help fuel both, a new report suggests.