By MarketsFarm WINNIPEG, June 1 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Inflation in the Euro zone climbed to 2.0 per cent in May, from 1.6 per cent the previous month, according to data from Eurostat. The rate of inflation came in above market expectations, […] Read more
Global Markets: European inflation beats expectations
Global Markets: China eases child policy
By MarketsFarm WINNIPEG, May 31 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – China is easing its policy on childbirth, announcing Monday that married couples will now be able to have up to three children. The ‘one-child policy’ allowing only one child for most couples that […] Read more
Global Markets: White House denies report of border re-opening
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
Global Markets: Oil giants face major setbacks
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
Global Markets: Amazon buys MGM, sued for antitrust
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
Global Markets: Belarus faces ban from airlines
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
Global Markets: Israel, Hamas agree to ceasefire
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
Global Markets: Fighting continues, ceasefire possible in Israel, Palestine
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
Global Markets: Inflation rises to decade-high
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
Global Markets: Biden supports ceasefire
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