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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

By Commodity News Service Canada WINNIPEG, April 5, 2018 (CNS) – The following is a glance at the news moving markets in Canada and globally. The Trump administration has softened a key North American Free Trade Agreement (NAFTA) demand for more North American content in car manufacturing. The United States proposal would distinguish between NAFTA […] Read more

By Commodity News Service Canada WINNIPEG, April 4, 2018 (CNS) – The following is a glance at the news moving markets in Canada and globally. China hit back quickly with new tariffs on Wednesday against the United States. On Tuesday U.S. President Donald Trump announced tariffs on US$50 billion in Chinese goods. Less than 11 […] Read more

By Commodity News Service Canada WINNIPEG, April 3, 2018 (CNS) – The following is a glance at the news moving markets in Canada and globally. China has slapped an extra 15 per cent tariff on ethanol imports from the U.S. – the previous tariff was 30 per cent. Announced late Sunday, the tariff took effect […] Read more

By Commodity News Service Canada WINNIPEG, April 2, 2018 (CNS) – The following is a glance at the news moving markets in Canada and globally. China has increased tariffs by up to 25 per cent on 128 United States products, from frozen pork and wine to certain fruits and nuts, escalating a dispute between the […] Read more