Archives

By Commodity News Service Canada WINNIPEG, November 27 – The following is a glance at the news moving markets globally. CDN SHOPPERS FRUSTATED OVER COMPUTER GLITCH Black Friday got off to a tough start for customers hoping to secure deals at Best Buy’s online store. A computer glitch took down the site late Thursday evening, […] Read more

By Commodity News Service Canada WINNIPEG, November 26 – The following is a glance at the news moving markets globally. EUROPEAN COMISSION WARNS OF ECONOMIC SHOCKS High public debt and weak growth could put France, Italy and Belgium at risk for economic shocks, the European Commission said on Thursday. Economic shock is an unpredictable movement […] Read more

By Commodity News Service Canada WINNIPEG, November 25 – The following is a glance at the news moving markets globally. US JOBLESS CLAIMS TOUCH BACK DOWN TO 42 YEAR LOWS Initial claims for US unemployment benefits dropped by 12,000 in the week ended November 21 to a seasonally adjusted 260,000, according to the country’s labour […] Read more

By Commodity News Service Canada WINNIPEG, November 24 – The following is a glance at the news moving markets globally. US GDP GROWTH REVISED UPWARD Though a growth of 1.5 per cent in the third-quarter was reported last month, that figure has been revised upward to 2.1 per cent, the US Department of Commerce said […] Read more

By Commodity News Service Canada WINNIPEG, November 23 – The following is a glance at the news moving markets globally. JAPAN TO RAISE MINIMUM WAGE, ANALYSTS CRITICIZE PLAN Japan will be raising minimum wage in an effort to stimulate its economy. However, analysts say the country’s new stimulus package—which included the wage raise—doesn’t break any […] Read more

By Commodity News Service Canada WINNIPEG, November 19 – The following is a glance at the news moving markets globally. G-20 COUNTRIES ECONOMIES SLOWER THAN IN SECOND QUARTER The combined gross domestic products of G-20 countries increased at a slower pace in the third quarter than in the second quarter, according to data from the […] Read more

By Commodity News Service Canada WINNIPEG, November 18 – The following is a glance at the news moving markets globally. INDIAN OIL COMPANIES WANT TO SEE CRUDE OIL LEVY SCRAPPED Indian oil producers want the country’s crude oil tax to be scrapped or reduced, calling it a huge burden amid low global prices. However, removing […] Read more

By Commodity News Service Canada WINNIPEG, November 17 – The following is a glance at the news moving markets globally. FEDERAL GOVERNMENT MOVES TO BAN CRUDE OIL TANKERS IN BC The federal government is following through on its election promise to ban crude oil tankers in Northern BC. Prime Minister Justin Trudeau asked transportation minister […] Read more

By Commodity News Service Canada WINNIPEG, November 16 – The following is a glance at the news moving markets globally. JAPAN SAW RECESSION FROM JULY TO SEPTEMBER, DATA SHOWS Japan fell into a technical recession from July to September, data from the country shows. This recession is the fourth in five years, analysts say. Japan’s […] Read more

By Commodity News Service Canada WINNIPEG, November 13 – The following is a glance at the news moving markets globally. CISCO LOWERS SECOND QUARTER OUTLOOK AMID CHINA SLOWDOWN Cisco, a technology and networking company, lowered its outlook for its second quarter. Despite strong earnings in the first quarter, a weaker Chinese economy could hurt sales, […] Read more