National Business

TORONTO — AGF Management Ltd. has signed a deal to buy a 51 per cent stake in alternative investment firm Kensington Capital Partners Ltd. for $45 million.

TORONTO — Thomson Reuters Corp. has raised its offer for Swedish company Pagero Group. Under its revised proposal, the company is offering 50 Swedish kronor in cash per Pagero share in a bid that values the e-invoicing firm at about 8.

TORONTO — Private equity firm Persistence Capital Partners has signed a definitive agreement to buy the stake in Neighbourly Pharmacy Inc. that it does not already own and take the company private.

GUATEMALA CITY (AP) — Bernardo Arévalo was sworn in as Guatemala’s president on Monday minutes after midnight despite months of efforts to derail his inauguration, including foot-dragging and rising tensions right up until the transfer of power.

Five things to watch for in the Canadian business world in the coming week

OTTAWA — Economists are forecasting Canada's inflation rate likely ticked up last month, but that isn't expected to set off alarm bells as long as underlying price pressures ease.

Eleven years ago, the recipe for the McCain Deep’n Delicious cake — a decades-old Canadian classic — changed. To many Canadians, the removal of beef gelatin from the cake’s components may have gone unnoticed.

HALIFAX — Nova Scotia Power is detailing how it wants to recover costs incurred due to massive damage from post-tropical storm Fiona, arguing it needs to receive almost $25 million from ratepayers over five years.

TAIPEI, Taiwan (AP) — Ruling-party candidate Lai Ching-te emerged victorious in Taiwan’s presidential election on Saturday and his opponents conceded, a result that will determine the trajectory of the self-ruled democracy’s relations with China over

WASHINGTON (AP) — The U.S. military early Saturday struck another Houthi-controlled site in Yemen that it had determined was putting commercial vessels in the Red Sea at risk, two U.S. officials said, a day after the U.S.