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Global Markets: Trade war, wet spring takes toll on ADM

By MarketsFarm WINNIPEG, Aug. 1 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Chicago-based grains merchant and food processor Archer Daniels Midland reported a 41.3 per cent drop in their second-quarter adjusted profit on Thursday. In the second quarter the company’s adjusted net earnings were US$340 […] Read more

Global Markets: Trade talks wrap up on positive note

By MarketsFarm WINNIPEG, July 31 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Negotiators for the United States and China met for an extra session of trade talks on Wednesday in Shanghai. Both sides deemed the half-day session to have been constructive, with discussions including China […] Read more


Canadian Dollar and Business Outlook: Loonie moves under 76 U.S. cents

By MarketsFarm WINNIPEG, July 30 (MarketsFarm) – The Canadian dollar was down Tuesday morning, due to declining values on the North American stocks As of 8:58 CDT, the Canadian dollar was at US$0.7580 or C$1.3183. That compares to Monday’s North American close of US$0.7599 or C$1.3159. At the start of trading the TSX/S&P Composite Index […] Read more

Global Markets: Capital One says it was hacked

By MarketsFarm WINNIPEG, July 30 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – In excess of 100 million computer files belonging to Capital One were hacked, the corporation announced on Monday. Approximately 100 million files pertaining to United States individuals and 6 million files in Canada […] Read more


Global Markets: Pessimism surrounds U.S./China trade talks

By MarketsFarm WINNIPEG, July 29 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Pessimism surrounded the resumption of face-to-face trade talks between the United States and China on Monday. The negative feeling arose after U.S. President Donald Trump tweeted China may not want a trade deal […] Read more

Global Markets: CannTrust moves to re-establish trust

By MarketsFarm WINNIPEG, July 26 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Canadian cannabis producer CannTrust ousted its two top officials on Friday after a regulatory scandal erupted regarding unlicensed production. Chief executive officer Peter Aceto was fired, while co-founder Eric Paul resigned after company […] Read more


Global Markets: North Korea fires two ballistic missiles in test

By MarketsFarm WINNIPEG, July 25 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – North Korea test-launched two short-range ballistic missiles on Thursday, according to South Korean officials. The launches were in violation of United Nations Security Council resolutions that banned North Korea from using such technology. […] Read more

Global Markets: Boeing losses mount with 737 MAX grounding

By MarketsFarm WINNIPEG, July 24 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Aircraft manufacturer Boeing lost US$2.94 billion in the second quarter due to the grounding of its 737 MAX passenger jet. All 737 MAX jets were grounded followed two tragic crashes in Indonesia and […] Read more


Global Markets: Brexit hardliner the UK’s next PM

By MarketsFarm WINNIPEG, July 23 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Brexit hardliner Boris Johnson will become the next Prime Minister of the United Kingdom on Wednesday. On Tuesday, Conservative Party members gave Johnson, a former cabinet minister in Theresa May’s government, almost twice […] Read more

Global Markets: Wholesale trade down

By MarketsFarm WINNIPEG, July 22 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Canadian wholesale trade dropped 1.8 per cent in May, according to a report Statistics Canada released on Monday. The drop was the first decline in five months and due to fewer motor vehicle […] Read more