Compiled by MarketsFarm WINNIPEG, Feb. 1 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. The United States Federal Reserve will make its latest interest rate announcement at 1 pm CST on Wednesday, with market expectations keyed in on a 25-basis point increase. That would bring […] Read more
Global Markets: 25-point increase expected today
Fed's announcement at 1 pm CST
Global Markets: New deadline set for Shaw acquisition
Deal also awaits Industry Minister's approval
Compiled by MarketsFarm WINNIPEG, Jan. 30 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. The four entities involved in the deal for Rogers Communications to acquire Shaw Communications agreed on Monday to push back their deadline from tomorrow to Feb. 17. Last week, the Federal […] Read more
Global Markets: Israeli attack leaves 10 Palestinians dead
By MarketsFarm WINNIPEG, Jan. 27 – The following is a glance at the news moving markets in Canada and globally. An Israeli raid on the Jenin refugee camp in the occupied West Bank left nine people dead on Thursday, with a 10th Palestinian killed in clashes elsewhere. The attack that Palestinians decried as […] Read more
Global Markets: BoC to raise key interest rate to 4.5 per cent
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – The Bank of Canada (BoC) announced on Wednesday it has raised its key interest rate by 25 basis points to 4.5 per cent, the highest level in 15 years, in an effort to combat inflation. It is the […] Read more
Global Markets: Germany to provide tanks to Ukraine
By MarketsFarm WINNIPEG, Jan. 25 – The following is a glance at the news moving markets in Canada and globally. Germany will provide Ukraine with one company (14) of Leopard 2 A6 tanks and will also approve other countries to do the same. The German decision comes after weeks of hesitation and growing […] Read more
Global Markets: Nigerian seaport opens
By MarketsFarm WINNIPEG, Jan. 24 – The following is a glance at the news moving markets in Canada and globally. Nigeria opened a new deep seaport in Lagos on Monday, with the US$1.5 billion project expected to ease congestion at ports in the region and help the country become a hub of cargo […] Read more
Global Markets: Pakistan left in the dark
By MarketsFarm WINNIPEG, Jan. 23 – The following is a glance at the news moving markets in Canada and globally. Millions of people in Pakistan were without power Monday after government efforts at saving energy backfired. Power had been cut during low-usage hours overnight, but then it would not turn back on in […] Read more
Global Markets: Canadian retail sales increase in December
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Statistics Canada estimated on Friday that Canadian retail sales increased by 0.5 per cent in December, compared to a 0.1 per cent decline in November. Despite the good news, economists still expect a technical recession during the first […] Read more
Global Markets: New Zealand PM Ardern to resign
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – New Zealand Prime Minister Jacinda Ardern announced on Thursday she will not seek another term and will officially step down by Feb. 7 when a new leader is sworn in. Ardern explained to reporters that she “no longer […] Read more
Global Markets: Ukraine’s interior minister dies in helicopter crash
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Ukraine’s interior minister Denys Monastyrski, along with 16 others, were killed after a helicopter crashed near Kyiv on Wednesday, becoming Ukraine’s most senior official to die since the start of Russia’s invasion of the country. Ukraine’s State Emergency […] Read more