Archives

By Commodity News Service Canada WINNIPEG, April 19 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – Representatives of Canada, Mexico, and the United States are meeting in Washington, D.C., to work towards a deal on the North American Free Trade Agreement (NAFTA). Analysts expect an […] Read more

By Commodity News Service Canada WINNIPEG, April 18 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – The union representing 3,000 conductors and engineers has served a 72-hour strike notice to Canadian Pacific Rail. The Teamsters Canada Rail Conference members could strike just after midnight Friday […] Read more

By Commodity News Service Canada WINNIPEG, April 17 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – The United States Commerce Department has imposed a seven-year ban on U.S. companies selling parts and software to Chinese telecommunications company ZTE Corp. The move was seen as escalating […] Read more

By Commodity News Service Canada WINNIPEG, April 16 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – Air strikes were conducted against Syria by the United States, France and Great Britain over the weekend. The strikes were in response to an alleged Syrian chemical weapons attack. […] Read more

Global Markets: Global stocks on the rise WINNIPEG, April 13 (CNS) – A recent discovery in Japan has calmed fears the Earth could be running out of rare earth metals. Researchers have discovered an estimated 16 million tonnes of the metals near a Japanese Island. Up to now, China has supplied much of the world […] Read more

WINNIPEG, April 12 (CNS) – One of Canada’s largest telecommunications companies is reporting a sizable second-quarter loss. Shaw Communications Inc. is reporting a loss of C$164 million in the second quarter. The company blames the setback on restructuring costs associated with a voluntary leave program that 3,300 employees have elected to take part in. Bitcoin […] Read more

WINNIPEG, MB, April 11 (CNS) – Via Rail is taking steps to refurbish 25 classic train cars. The units date back to the 1950’s and are badly in need of upkeep. Via Rail has contracted Cad Railway Industries to do the work. The long-haul rail-cars will be completely redone to improve customer service. The contract […] Read more

WINNIPEG, April 10 (CNS) – The CEO of Volkswagen could be on his way out. Reports indicate the German-based automaker wants to replace current leader Matthis Mueller with former BMW official Herbert Diess. Mueller has been under fire since Volkswagen was caught manipulating diesel emissions data in 2015. The value of the Russian Ruble is […] Read more

WINNIPEG, MB, April 9 (CNS) – Global stock markets opened sluggishly this morning in the wake of the ongoing trade battle between China and the U.S. On Wall Street, the Dow Jones industrial average ticked 0.7 per cent higher while the Standard & Poor’s 500 was up 0.6 per cent. Germany’s DAX climbed 0.5 per […] Read more

WINNIPEG, April 6, 2018 (CNS) – The following is a glance at the news moving markets in Canada and globally. The Canadian economy added more jobs than expected in February, driven by hiring in construction and a recovery in full-time positions, according to data released by Statistics Canada Friday. Canada created 32,300 jobs in March, […] Read more