Compiled by Glen Hallick, MarketsFarm WINNIPEG, May 13 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Colonial Pipeline resumed moving fuel through its pipelines on Thursday as the major supplier gasoline, diesel and jet fuel recovers from a devastating cyberattack. Reports stated it would take Colonial […] Read more
Global Markets: Fuel begins moving again in Eastern U.S.
Colonial needs several days to get back up to speed
Global Markets: Canada stepping into Line 5 dispute
Michigan governor calls pipeline 'a ticking time bomb'
Compiled by Glen Hallick, MarketsFarm WINNIPEG, May 12 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – The Canadian government announced on Wednesday it will intervene in the possible shut down of Enbridge’s Line 5 pipeline that runs through Michigan carrying oil and gas to Eastern Canada. […] Read more
Global Markets: 26 killed in Israeli airstrikes on Gaza
By MarketsFarm WINNIPEG, May 11 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Israeli airstrikes on Gaza have killed at least 26 Palestinians over the past day, including nine children, according to reports. Meanwhile, hundreds of rockets fired by Gaza militants into Israel killed two Israeli […] Read more
Global Markets: Two major pipelines facing different problems
Colonial Pipeline, Enbridge tackling huge setbacks
Compiled by Glen Hallick, MarketsFarm WINNIPEG, May 10 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – A major United States pipeline remained shut down on Monday after a cyber-attack on Friday forced the Colonial Pipeline Company to halt operations. With more than 5,500 miles of pipeline, […] Read more
Global Markets: North American jobs data disappoints
WINNIPEG, May 7 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – United States jobs data for April came in well below expectations, with only 266,000 jobs added to the country’s economy, according to a report from the U.S. Labor Department. Pre-report expectations had been for jobs […] Read more
Global Markets: China/Australia relations sour
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – China has announced that it will suspend all economic discussions with Australia “indefinitely” amid heightened diplomatic tensions between the two countries. “Recently, some Australian Commonwealth Government officials launched a series of measures to disrupt the normal exchanges and […] Read more
Global Markets: Trump Facebook ban upheld
WINNIPEG, May 5 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Facebook’s oversight board has upheld a ban on Donald Trump, keeping the former United States President off of the social media platform for the time being. Trump was suspended after the Jan. 6 riot at […] Read more
Global Markets: Rail overpass collapse kills 23 in Mexico City
By MarketsFarm WINNIPEG, May 4 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – A rail overpass and train collapsed onto a busy road in Mexico City Monday evening, killing at least 23 people and hospitalizing 65 more, according to reports. The precarious situation hampered rescue efforts […] Read more
Global Markets: G7 foreign ministers meet in person
By MarketsFarm WINNIPEG, May 3 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Foreign ministers from the G7, including Canadian Minister of Foreign Affairs Marc Garneau and Minister of International Development Karina Gould, are meeting in person for the first time in over a year in […] Read more
Global Markets: Canada’s economy continues to grow
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Statistics Canada announced on Friday that the country’s gross domestic product (GDP) grew by 0.4 per cent month-to-month in February, compared to economists’ prediction of a 0.5 per cent gain. The report also provided a preliminary estimate for […] Read more