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Relentless Push: Russia Claims Strategic Edge in Ukraine Offensive

  Servicemen of the 115th Separate Mechanised Brigade of the Ukrainian Armed Forces use an RPG-7 grenade launcher during training between combat missions, in Kharkiv region, Ukraine. Russia’s top military commander, General Valery Gerasimov, has declared that Russian forces are conducting a non-stop offensive along nearly the entire front line in Ukraine, asserting that the “strategic initiative” now lies with Moscow. According to Gerasimov, Russian troops have intensified airstrikes on Ukrainian cities far from the battlefield, including a recent attack on Kyiv that killed at least 23 people and wounded 38. He reported that since March, Russia has seized more than 3,500 square kilometers of territory , captured 149 villages, and now controls the vast majority of the Luhansk, Donetsk, Zaporizhzhia, and Kherson regions. The offensive has also pushed into Ukraine’s southeastern Dnipropetrovsk region, with seven villages reportedly under Russian control. Moscow says it has carried...
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Celestica Powers TSX to Record High Amid Commodity Strength and Earnings Optimism

 

                                                                 Toronto Stock Exchange building

TSX Surges to Record High as Celestica Soars and Commodities Rally

The S&P/TSX Composite Index surged to a new all-time high of 27,539.88, buoyed by strong corporate earnings and rising commodity prices. The index gained 134.46 points, or 0.49%, continuing its bullish momentum despite mixed signals from global markets.

One of the standout performers was Celestica Inc. (TSX:CLS), which jumped 4.24% following the release of its impressive Q2 2025 earnings report. The Toronto-based tech firm posted $2.89 billion in revenue, a 21% increase year-over-year, and adjusted EPS of $1.39, beating analyst expectations. CEO Rob Mionis cited strong demand from cloud and connectivity customers and raised the company’s full-year revenue forecast to $11.55 billion, up from $10.85 billion.

Meanwhile, commodity prices lent further support to the resource-heavy TSX. Gains in energy and industrial sectors offset declines in mining and materials, which were pressured by falling gold prices. Top gainers included TFI International, Lightspeed Commerce, and Orla Mining, each rising over 4%.

Despite some volatility in global trade news and cautious investor sentiment ahead of central bank rate decisions, Canadian equities remain resilient. Investors are now watching closely for updates from the Bank of Canada and the U.S. Federal Reserve, both set to announce policy decisions later this week.


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