WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Russian Defence Minister Sergei Shoigu made his first public appearance on Monday, inspecting troops in Ukraine, since the mercenary Wagner Group tried to overthrow him and Russian military chief Gen. Valery Gerasimov on Friday. Wagner Group leader Yevgeny […] Read more
Global Markets: Shoigu appears after attempted takeover
Global Markets: Modi visit to U.S. wraps up
By MarketsFarm WINNIPEG, June 23 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. Indian Prime Minister Narendra Modi will conclude his visit to the United States on Friday, meeting with government officials and business leaders in Washington. Modi spoke with U.S. President Joe Biden for […] Read more
Global Markets: China/U.S. tensions ramp up again
By MarketsFarm WINNIPEG, June 21 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. Comments from United States President Joe Biden referring to Chinese President Xi Jinping as a ‘dictator’ heighted tensions between the two countries once again, mere days after U.S. Secretary of State Antony […] Read more
Global Markets: Status quo after federal byelection
By MarketsFarm WINNIPEG, June 20 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. Federal byelections held in four ridings kept to the status quo, with two Liberals and two Conservatives headed to Parliament Hill. The governing Liberals held onto their two seats while the opposition […] Read more
Global Markets: Blinken meets with Chinese President Xi
By MarketsFarm WINNIPEG, June 19 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. United States Secretary of State Antony Blinken met with Chinese President Xi Jinping on Monday, marking the first American secretary of state to meet with the Chinese leader in five years. While […] Read more
Global Markets: 40 million Canadians
Annual population growth at 2.7 per cent
Compiled by MarketsFarm WINNIPEG, June 16 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. Statistics Canada reported on Friday that the country’s population reached 40 million. The federal agency said Canada experienced record population growth in 2022 of about 1.05 million people, which marking the […] Read more
Global Markets: China’s economy slows in May
Declines in industrial output, retail sales
Compiled by MarketsFarm WINNIPEG, June 15 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. Economic growth in China stumbled during May, according to the country’s National Bureau of Statistics on Thursday. The NBS said industrial output that month was 3.5 per cent, falling from 5.6 […] Read more
Global Markets: Fed rate freeze becoming likely
U.S. inflation drops in May, sparking possible turnaround
Compiled by MarketsFarm WINNIPEG, June 14 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. Despite earlier expectations of another interest rate hike by the United States Federal Reserve, indications on Wednesday pointed to a rate freeze. The possibility of the about-face came after the Bureau […] Read more
Global Markets: Bunge, Glencore green light Viterra purchase
Bunge failed in 2017 to acquire Viterra
Compiled by MarketsFarm WINNIPEG, June 13 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. In a unanimous vote on Monday, the boards for Bunge and Glencore approved the former’s proposal to acquire the latter’s 49.99 per cent stake in Viterra for US$8.2 billion. Reports said […] Read more
Global Markets: Glencore wants to buy Teck, sell Viterra
Bunge would be virtually on par with Cargill, ADM
Compiled by MarketsFarm WINNIPEG, June 12 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. Glencore made headlines on Monday for two reasons. One, the Switzerland-based company said it’s continuing its pursuit of Teck Resources’ steelmaking coal business, now offering to pay cash. However, Glencore didn’t […] Read more