By MarketsFarm WINNIPEG, Oct. 28 – The following is a glance at the news moving markets in Canada and globally. – Elon Musk’s US$44 billion acquisition of Twitter was finalized Thursday after months of legal drama that had seen the billionaire look at backing out of the deal at one point. The company’s CEO and […] Read more
Global Markets: Musk’s Twitter purchase finalized
Global Markets: Europe raises interest rates
By MarketsFarm WINNIPEG, Oct. 27 – The following is a glance at the news moving markets in Canada and globally. – The European Union raised its key interest rates by 0.75 percentage points on Thursday in an effort to curb inflation. “Inflation remains far too high and will stay above our target for an extended […] Read more
Global Markets: Canada to invest in nuclear energy
By MarketsFarm WINNIPEG, Oct. 26 – The following is a glance at the news moving markets in Canada and globally. – The Canadian government will invest C$970 million in new nuclear technology to help reduce the country’s emissions. The grid-scale modular reactor (SMR) project is being developed by Ontario Power Generation and would mark the […] Read more
Global Markets: Rishi Sunak sworn in as new UK PM
By MarketsFarm WINNIPEG, Oct. 25 – The following is a glance at the news moving markets in Canada and globally. – Rishi Sunak was officially sworn in by King Charles as the United Kingdom’s new Prime Minister on Tuesday. Promising to deal with Britain’s economic crisis in an address to the nation, Sunak will now […] Read more
Global Markets: Rishi Sunak to become new UK PM
By MarketsFarm WINNIPEG, Oct. 24 – The following is a glance at the news moving markets in Canada and globally. – Rishi Sunak will be the next British Prime Minister as other candidates vying to replace Liz Truss as Conservative Party leader have stepped out of the race. Sunak, the country’s former finance minister, becomes […] Read more
Global Markets: Boris Johnson top contender for old PM job
By MarketsFarm WINNIPEG, Oct. 21 – The following is a glance at the news moving markets in Canada and globally. – Former British Prime Minister Boris Johnson is a leading contender to replace Liz Truss as leader of the Conservative Party, with former finance minister Rishi Sunak also expected to be in the running. The […] Read more
Global Markets: U.S. to release 15M barrels of strategic reserve oil
By MarketsFarm WINNIPEG, Oct. 19 – The following is a glance at the news moving markets in Canada and globally. – United States President Joe Biden is expected to announce today that the country will release 15 million barrels of oil from its strategic reserve. The move comes in response to recently announced cuts to […] Read more
Global Markets: Third of Ukrainian power stations destroyed
By MarketsFarm WINNIPEG, Oct. 18 – The following is a glance at the news moving markets in Canada and globally. – Russian drone and missile attacks across Ukraine over the past week have destroyed roughly a third of the embattled country’s power stations, according to reports. Water infrastructure has also been targeted. Ukraine has accused […] Read more
Global Markets: Russian drone strikes continue
By MarketsFarm WINNIPEG, Oct. 17 – The following is a glance at the news moving markets in Canada and globally. – Russian air attacks on Ukraine continued Monday, with reports of drone strikes on targets in central Kyiv including an apartment building. Russia denies targeting civilians while Iran has denied supplying the drones used in […] Read more
Global Markets: Russia ramps up drone/missile attacks
By MarketsFarm WINNIPEG, Oct. 13 – The following is a glance at the news moving markets in Canada and globally. – Russia continued to bombard Ukrainian cities, including Kyiv, with missile and drone attacks on Thursday, with numerous civilian targets hit. Iranian-made ‘kamikaze drones’ were reportedly used in some of the attacks, although Iran denies […] Read more