Global Markets: Global stocks rise with trade deal

By Dave Sims, Commodity News Service Canada

WINNIPEG, Aug 28 (CNS) – Global stocks reaped solid gains
Tuesday morning on word Mexico and the United States had reached
a trade agreement. Investor optimism was bolstered by the
development, which raised hopes trade battles in other parts of
the financial world could be settled. Markets in Japan, Hong
Kong and China edged higher along with their European
counterparts.
The latest quarter was a profitable one for BMO Financial
Group. The bank recorded a profit of C$1.54 billion for the
period ended July 31. That compares to C$1.39 billion during the
same time last year.
Baggage fees are going up at Canada’s two largest airlines.
Air Canada and WestJet are raising fees by C$30 for passengers
who wish to check their bags. The news fees begin in October and
come on the heels of similar moves by U.S. airlines.

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