National Business

CALGARY — Cenovus Energy Inc. says its refinery throughput for the fourth quarter of 2022 and the first quarter of 2023 will be weaker than expected.

TORONTO — TMX Group Ltd. has signed a deal to buy a 21 per cent stake in VettaFi Holdings LLC for $234 million. U.S.-based VettaFi is a privately owned data, analytics, indexing and digital distribution company.

TORONTO — A management-led group of Canaccord Genuity Group Inc. employees has made a takeover bid for the company valued at $1.127 billion. The employee group is offering $11.25 per share for the financial services firm.

MONTREAL — Payment technology company Nuvei Corp. has signed a deal to buy U.S. company Paya Holdings Inc. valued at US$1.3 billion. Under the agreement, Montreal-based Nuvei will pay US$9.75 per share in cash.

VANCOUVER — Lululemon Athletica Inc. raised its revenue guidance for its fourth quarter, but lowered its expectations for its gross margins. The company, which keeps its books in U.S.

PRAGUE (AP) — A Prague court on Monday acquitted former Prime Minister Andrej Babis of fraud charges in a $2 million case involving European Union subsidies.

TORONTO — Andrew Hamilton and his wife bid farewell to their home in Toronto's Junction neighbourhood roughly a year and a half ago, when housing prices were soaring, but finding a new abode proved tricky.

TORONTO — Five things to watch for in the Canadian business world in the coming week: Banking conference RBC Capital Markets hosts its Canadian bank CEO conference on Monday.

WASHINGTON — Familiar North American irritants — U.S. protectionism, intransigence on continental trade, irregular migration — return to the fore this week as the so-called "Three Amigos" meet for a trilateral summit in Mexico City.

OTTAWA — Advocates on both sides of the vaping debate say the government must do more to enforce penalties for selling vapes to kids after a review concluded no changes to the legislation were warranted.