Global markets

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – The White House has made no decisions yet on when to re-open its border with Canada, Press Secretary Jen Psaki said in a news conference on Thursday. This is in contrast to a media report from Point Roberts, […] Read more

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – A shareholder group led by climate activist investment fund Engine No. 1 won two seats on ExxonMobil’s board of directors on Wednesday, which could help steer the company towards a more climate-conscious culture. BlackRock Inc., ExxonMobil’s second-largest shareholders, […] Read more

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – It was a mixed day for online retail giant Amazon on Wednesday as it purchased the Metro-Goldwyn-Mayer (MGM) movie studio for US$8.45 billion. The transaction is Amazon’s largest since acquiring grocery chain Whole Foods in 2017 for US$13.7 […] Read more

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Several airlines including Lufthansa, KLM, SAS, Air France, LOT and Singapore Airlines have decided to avoid flying over Belarussian airspace, while countries across Europe have stopped welcoming planes from the nation after a plane was forced to land […] Read more

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – After 11 days of fighting, both Israel and Palestinian militant group Hamas have agreed to a ceasefire which took effect early this morning. Both parties claimed victory in the conflict and Palestinians celebrated in the streets of Gaza […] Read more

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Another round of air strikes by Israel early Thursday killed one Palestinian and wounded others in the Gaza Strip despite calls from the United States to stop the fighting. Another bombing raid by Israel also destroyed five homes, […] Read more

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Statistics Canada reported on Wednesday that annual inflation increased to 3.4 per cent in April, compared to 2.2 per cent in March, its highest rate since May 2011. Economists had predicted a rise to 3.2 per cent. Meanwhile, […] Read more

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – United States President Joe Biden called Israeli Prime Minister Benjamin Netanyahu on Monday and expressed support for a ceasefire as the conflict between Israel and Hamas extended to its ninth day. However, unlike his colleagues in the Democratic […] Read more

WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – The Israeli military conducted heavy air strikes over Gaza on Monday, destroying 15 kilometres of tunnels and the homes of nine Hamas commanders. During those air strikes, one Hamas commander, Hussam Abu Harmeed, was killed. After Harbeed’s death, […] Read more

WINNIPEG – The Canadian dollar is back on an upward path as it approaches the 83 cents U.S. mark. As of 8:38 a.m. CDT, the loonie was at US$0.8270 or US$1=C$1.2092 compared to US$0.8230 or US$1=C$1.2150 when markets closed on Thursday. The Canadian dollar is at its highest level since 2015. The United States Commerce […] Read more