Archives

By Commodity News Service Canada WINNIPEG, Sep. 25 (CNS) – The Canadian dollar closed lower Tuesday, as losses in the stock market weighed on it. The Canadian dollar settled Tuesday at US$0.7723 or C$1.2948, compared to Monday’s North American close of US$0.7731 or C$1.2935. Oil prices rose Tuesday over global supply concerns after United States […] Read more

By Commodity News Service Canada WINNIPEG, Sep. 25, 2018 (CNS) – The following is a glance at the news moving markets in Canada and globally. Crude oil prices hit a four-year high Tuesday, as the Organization of the Petroleum Exporting Countries (OPEC) and other top oil exporting countries showed no signs of wanting to slow […] Read more

By Commodity News Service Canada WINNIPEG, Sep. 24 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – Canada’s Barrick Gold Corp. has agreed to buy its rival Randgold Resources Ltd. in a deal worth US$18 billion, according to reports. Randgold’s primary operations are located in Africa. […] Read more

By Dave Sims, Commodity News Service Canada WINNIPEG, Sep. 21 (CNS) – Hurricane Florence has cost farmers in the Carolinas US$125 million in damages so far, according to the state government. Cotton, corn, tobacco and peanut crops all suffered heavy damage from strong winds and wet soil. The storm occurred during harvest for many producers, […] Read more

By Commodity News Service Sept. 19 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. Prime Minister Justin Trudeau said the United States must show flexibility if the two sides are to reach a deal on a renegotiated North American Free Trade Agreement by Oct. 1. Canadian […] Read more

By Commodity News Service Sept. 19 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. Prime Minister Justin Trudeau is facing increased nervousness in Canadian business and political circles over the government’s inability to reach agreement with the United States over a remodeled North American Free Trade […] Read more

By Commodity News Service Sept. 18 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. Leona Alleslev, Toronto area member of parliament for the Liberal government, has surprised Ottawa political circles by quitting the governing Liberals and joining the opposition Conservative party. The Liberals retain their majority […] Read more

By Dave Sims, Commodity News Service Canada WINNIPEG, Sep. 17 (CNS) – Coca-Cola is taking its first step into the world of cannabis. The company is in talks with Aurora Cannabis to develop the company’s first cannabis-infused beverage. According to BNN Bloomberg, the two companies want to develop a drink that can also ease inflammation […] Read more

By Commodity News Service Canada WINNIPEG, Sep. 14 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – Hurricane Florence made landfall on the North Carolina coast early Friday morning. While the storm has been downgraded to a Category 1 hurricane, it is moving very slowly and […] Read more

By Commodity News Service Canada Sept. 13 (CNS Canada) — The following is a glance at the news moving markets in Canada and globally. – Hurricane Florence has weakened slightly into a Category 2 storm as it heads inland for the Carolina coast. Despite the downgrading, Florence’s dangers lie in its storm surges, extreme coastal […] Read more