TSX posts fifth straight weekly decline as resource shares fall
Canada’s resource heavy main stock index ended lower on Friday, extending its weekly loss, as declines for commodity prices weighed on energy and metal mining shares. The S&P/TSX composite index (.GSPTSE), ended down 26.49 points, or 0.1%, at 21,554.86. For the week, the index was down 0.4%. It was the fifth straight weekly decline for the […]
Aviation lessor settlements with Russia over trapped planes
Aircraft leasing firms have struck settlements with Russia totalling around $2.7 billion for over a quarter of the roughly 400 aircraft stuck in the country since Moscow’s invasion of Ukraine in 2022. In return, international lessors handed ownership of the planes to state insurance company NSK, which transferred them to Russian airlines. Lessors have been suing dozens […]