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Market Eyes Air Canada Cuts, NATO’s Ukraine Aid Review, and Insurer Risk Warnings
Stock Market News· 2025-10-24 17:08
Key TakeawaysAir Canada (AC.TO) announced the reduction of approximately 400 management positions, or 1% of its workforce, following an extensive review and a period of financial impact from a recent strike.Fitch Ratings highlighted that life insurers tied to alternative investment managers (Alt IMs) are experiencing higher private credit exposure and associated risks, though widespread rating pressures are not anticipated due to diversified portfolios.NATO Secretary General Mark Rutte confirmed that the is ...