By MarketsFarm WINNIPEG, Jan. 24 – The following is a glance at the news moving markets in Canada and globally. Nigeria opened a new deep seaport in Lagos on Monday, with the US$1.5 billion project expected to ease congestion at ports in the region and help the country become a hub of cargo […] Read more
Global Markets: Nigerian seaport opens
Global Markets: Pakistan left in the dark
By MarketsFarm WINNIPEG, Jan. 23 – The following is a glance at the news moving markets in Canada and globally. Millions of people in Pakistan were without power Monday after government efforts at saving energy backfired. Power had been cut during low-usage hours overnight, but then it would not turn back on in […] Read more
Global Markets: Canadian retail sales increase in December
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Statistics Canada estimated on Friday that Canadian retail sales increased by 0.5 per cent in December, compared to a 0.1 per cent decline in November. Despite the good news, economists still expect a technical recession during the first […] Read more
Global Markets: New Zealand PM Ardern to resign
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – New Zealand Prime Minister Jacinda Ardern announced on Thursday she will not seek another term and will officially step down by Feb. 7 when a new leader is sworn in. Ardern explained to reporters that she “no longer […] Read more
Global Markets: Ukraine’s interior minister dies in helicopter crash
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Ukraine’s interior minister Denys Monastyrski, along with 16 others, were killed after a helicopter crashed near Kyiv on Wednesday, becoming Ukraine’s most senior official to die since the start of Russia’s invasion of the country. Ukraine’s State Emergency […] Read more
Global Markets: Inflation rate down in Canada, U.S.
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Statistics Canada reported on Tuesday that Canada’s annual inflation rate declined to 6.3 per cent in December, compared to 6.8 per cent from the month before. Analysts have predicted the annual rate to be 6.4 per cent prior […] Read more
Global Markets: Recovery continues after Russian attack
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – At least 30 people are considered dead after a Russian missile hit an apartment building in the Ukrainian city of Dnipro on Sunday. According to the adviser of the region’s governor, 30 more people are in hospital and […] Read more
Global Markets: China’s imports, exports continue falling
December declines add to November losses
Compiled by Glen Hallick, MarketsFarm WINNIPEG, Jan. 13 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. China reported on Friday its imports fell 7.5 per cent and its exports dropped 9.9 per cent in December. That compares to November, when China’s its imports pulled back […] Read more
Global Markets: U.S. inflation slides under seven per cent
Increases in shelter, food keep CPI from falling further
Compiled by Glen Hallick, MarketsFarm WINNIPEG, Jan. 12 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. Inflation in the United States dropped to an annual rate of 6.5 per cent in December, according to the Bureau of Labor Statistics on Thursday. The consumer price index fell […] Read more
Global Markets: Computer outage affects thousands of flights
Exact cause of outage unknown
Compiled by Glen Hallick, MarketsFarm WINNIPEG, Jan. 11 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. More than 4,000 airline flights in the United States were cancelled or delayed on Wednesday due to a widespread computer outage, according to the Federal Aviation Administration (FAA). While […] Read more