National Business

DUBAI, United Arab Emirates (AP) — Saudi Arabia and Russia agreed Tuesday to extend their voluntary oil production cuts through the end of this year, trimming 1.3 million barrels of crude out of the global market and boosting energy prices.

CALGARY — Pilots with WestJet Encore are gearing up to bargain their second collective agreement. The Air Line Pilots Association says it's filed notice to open contract negotiations with the regional carrier for WestJet.

CALGARY — Enbridge Inc. has signed a US$14 billion cash-and-debt deal that represents a major vote of confidence by the Canadian company in the future of natural gas.

United Airlines said Tuesday that a software update triggered a glitch that forced it to halt departures nationwide, briefly crippling one of the nation's biggest carriers on a busy travel day.

GRANBY, Que. — A new player has entered Quebec's electric vehicle battery sector, with a South Korean firm announcing it will open a copper foil factory in the province by 2026.

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,413.76, down 131.60 points): Canopy Growth Corp. (TSX:WEED). Healthcare. Up 19 cents, or 25.68 per cent, to 93 cents on 18.

TORONTO — Canada's main stock index moved lower as investors await an interest rate decision from the Bank of Canada Wednesday, while U.S. stock markets also posted losses. The S&P/TSX composite index was down 131.60 points at 20,413.76.

NEW YORK — Stocks closed lower on Wall Street as traders return from a long holiday weekend. The S&P 500 fell 0.4% Tuesday. The index is coming off its second weekly gain. The Dow lost 0.6% and the Nasdaq slipped 0.1%. Crude oil prices rose.

MONTREAL — Amtrak says it aims to relaunch passenger train service between Montreal and New York City next week, a route that typically carries more than 100,000 travellers per year.

TORONTO — A new Re/Max Canada report forecasts the country's real estate market will soften this fall with average home prices predicted to remain flat as the housing market deals with high interest rates and a lack of homes for sale.