By MarketsFarm WINNIPEG, Nov. 24 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Health Canada has reportedly granted full approval to the Johnson & Johnson COVID-19 vaccine, marking the first major regulatory approval for the one-dose shot worldwide. The United States Food and Drug Administration has […] Read more
Global Markets: J&J vaccine approved in Canada
Global Markets: U.S. to release oil reserves
By MarketsFarm WINNIPEG, Nov. 23 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – The United States will release 50 million of barrels of oil from its strategic reserves in an effort to help take oil prices off of their highs. The move was coordinated with a […] Read more
Global Markets: Lockdown measures back on in Austria
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Lockdown measures have been reimposed in Austria, as the European country works to slow the COVID-19 fourth wave. Non-essential shops, cafes, and other businesses will all be shuttered for 10 days, with the government also introducing measures to […] Read more
Global Markets: Retail sales improve
A turnaround from previous month
Global Markets: Retail sales improve Compiled by Glen Hallick, MarketsFarm WINNIPEG, Nov. 19 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Retail sales in Canada during October bumped up one per cent, according to Statistics Canada on Friday. The gain marked an about-face from September’s 0.6 […] Read more
Global Markets: Trudeau to press Biden on electric vehicles
Subsidy for U.S. buyers could cripple Cdn auto sector
Compiled by Glen Hallick, MarketsFarm WINNIPEG, Nov. 18 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – The ‘Three Amigos’ consisting of Canadian Prime Minister Justin Trudeau, United States President Joe Biden and Mexican President Andres Manuel Lopez are scheduled to meet late Thursday afternoon in Washington […] Read more
Global Markets: Inflation at 18-year high in Canada
Higher gasoline prices drive up costs
Compiled by Glen Hallick, MarketsFarm WINNIPEG, Nov. 17 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Inflation in Canada hit an 18-year high of 4.7 per cent in October, according to Statistics Canada. This marked the seventh-consecutive month in which inflation remained above three per cent. […] Read more
Global Markets: More terrorist bombings in Kampala
No group has yet to take responsibility for latest attacks
WINNIPEG- The following is a glance at the news moving markets in Canada and globally. – So far three people have been killed and more than 30 were injured in suicide bombings in Uganda’s capital of Kampala on Tuesday. One bomb was set off near the country’s parliament buildings, while another was close to the […] Read more
Global Markets: Unhappiness over COP26 coal compromise
China, India to 'phase down' coal use
Compiled by Glen Hallick, MarketsFarm WINNIPEG, Nov. 15 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – There has been sharp criticism from climate activists towards the COP26 agreement for including a controversial compromise over coal reached over the weekend. China and India are the world’s largest […] Read more
Global Markets: Johnson & Johnson splitting into two
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Johnson & Johnson, the world’s biggest maker of healthcare products, announced on Friday it will split into two separate companies which the corporation believes will improve focus and efficiency. One of the new companies will sell prescription drugs […] Read more
Global Markets: U.S. inflation highest since 1990
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Data from the United States Labor Department revealed on Wednesday the consumer price index (CPI) increased at an annualized rate of 6.2 per cent in October, the highest rate of inflation in the country in 31 years. The […] Read more