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Houthi rebels strike a U.S.-owned ship off the coast of Yemen in the Gulf of Aden, raising tensions

Houthi rebels strike a U.S.-owned ship off the coast of Yemen in the Gulf of Aden, raising tensions

JERUSALEM (AP) — Houthi rebels fired a missile, striking a U.S.-owned ship Monday just off the coast of Yemen in the Gulf of Aden, less than a day after they launched an anti-ship cruise missile toward an American destroyer in the Red Sea.
Home sales expected to rebound as rate cuts begin in 2024, but experts urge caution

Home sales expected to rebound as rate cuts begin in 2024, but experts urge caution

With interest rate cuts likely on the horizon, the Canadian Real Estate Association expects the number of homes changing hands this year to grow following a slowdown in 2023.
Boeing to increase quality inspections on 737-Max following Alaska Airlines blow out

Boeing to increase quality inspections on 737-Max following Alaska Airlines blow out

NEW YORK (AP) — Boeing told employees Monday that it plans to increase quality inspections of its 737 Max 9 aircraft, following the failure of an emergency exit door panel on an Alaska Airlines flight last week.
Statistics Canada says manufacturing and wholesale sales rose in November

Statistics Canada says manufacturing and wholesale sales rose in November

OTTAWA — Statistics Canada says manufacturing sales rose 1.2 per cent to $71.7 billion in November, helped by higher sales in the chemical subsector as well as gains in primary metal and machinery groups. Sales of chemical products rose 6.
AGF buying majority stake in alternative investment firm Kensington Capital

AGF buying majority stake in alternative investment firm Kensington Capital

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.
Thomson Reuters raises offer for Pagero Group, acquires majority stake

Thomson Reuters raises offer for Pagero Group, acquires majority stake

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.
Persistence Capital Partners signs deal to take Neighbourly Pharmacy private

Persistence Capital Partners signs deal to take Neighbourly Pharmacy private

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.
Bernardo Arévalo sworn in as Guatemala's president despite months of efforts to derail inauguration

Bernardo Arévalo sworn in as Guatemala's president despite months of efforts to derail inauguration

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

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

Five things to watch for in the Canadian business world in the coming week
Economists expect December inflation ticked up, trend still points to slowdown

Economists expect December inflation ticked up, trend still points to slowdown

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.