By Glen Hallick Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Tensions between Russia and Japan ramped up after the latter announced earlier this week it will indirectly supply United States-built Patriot air defence missiles to Ukraine. While Japanese law prevents the […] Read more
Global Markets: Japan supplying missiles to Ukraine
Russia warns of 'grave consequences'
Global Markets: Rebels attack container ship
UAV shot down after it approaches another vessel
By Glen Hallick Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Houthi rebels in Yemen attacked another cargo vessel on Tuesday, according to reports. The MSC United VIII was en route from Saudi Arabia to Pakistan when rebel naval forces approached the […] Read more
Global Markets: Canada’s economy relatively steady
Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – Statistics Canada (StatCan) reported on Friday that the country’s gross domestic product expanded by 0.1 per cent in November, according to preliminary data. While manufacturing and agricultural sectors grew during the month, retail trade declined. StatCan […] Read more
Global Markets: Canadian retail sales unchanged in November
Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – An advanced estimate from Statistics Canada (StatCan) released on Thursday morning suggested that retail sales were flat in November compared to the month before. Retail sales rose 0.7 per cent in October, slightly below a 0.8 per […] Read more
Global Markets: Canada to phase out gas-powered vehicle sales
Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – Canada’s Environment Minister Steven Guilbeault announced on Tuesday that regulations are being finalized to phase out the sale of combustion engine passenger vehicles by 2035. Automakers will also be mandated to increase the number of electric […] Read more
Global Markets: Canada’s inflation rate unchanged
Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – Statistics Canada (StatCan) reported on Tuesday morning that Canada’s annual inflation rate was unchanged in November, remaining at 3.1 per cent as it had been in October. However, economists had expected the rate to move below […] Read more
Global Markets: BP vessel attacked in Yemen
Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – A Norwegian-owned vessel for British Petroleum (BP) was attacked in the Red Sea on Monday by Houthi rebels in Yemen. The M/V Swan Atlantic was attacked by multiple projectiles which hit the ship’s water tank, but […] Read more
Global Markets: Cargo ships attacked in Red Sea
By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Two cargo ships in the Red Sea were struck in separate missile attacks Friday, as Yemen’s Houthi rebels escalate their campaign to prevent ships from navigating to and from Israeli ports. The Iranian-backed […] Read more
Global Markets: Tesla recalls two million vehicles
By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Tesla has recalled more than two million vehicles, including 193,000 sold in Canada, to address a defect with its autopilot system. The fix will be provided by an over-the-air software update sometime […] Read more
Global Markets: Climate deal reached in Dubai
By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Representatives from nearly 200 countries at the COP28 climate summit in Dubai managed to reach a deal Wednesday calling for transitioning away from fossil fuels. The language of the agreement did not […] Read more