Page 5 - Peter Letko News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The bid for Teck Resources Ltd. is the first major move by Glencore CEO Gary Nagle, but was dreamed up his predecessor and mentor. Read on.

Air Canada's (TSX:AC) recent deal to acquire Air Transat (TSX:ATZ) has become an intriguing turn of events of late.

SHARE Air Canada shares fell sharply on Tuesday on fears that its market value would be diluted after the Canadian government took a discounted equity stake in the flagship carrier as part of a deal for C$5.9 billion ($4.7 billion) in aid. But analysts and investors said Air Canada's decision to accept the bigger-than-expected aid package, which was announced on Monday, was the right decision for Canada's largest carrier to ride out the crippling downturn in air travel caused by the coronavirus pandemic. The deal gives Ottawa a roughly 6 per cent stake in Canada's largest carrier at a discoun...

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Quebec business leader Pierre Karl Péladeau is calling on Ottawa to block the sale of beleaguered Air Transat