Global Markets: BoE hikes interest rate

By MarketsFarm WINNIPEG, Aug. 4 – The following is a glance at the news moving markets in Canada and globally. – The Bank of England raised its key interest rate by half a percentage point on Thursday, taking the country’s Bank Rate to its highest level since 2008 at 1.75 per cent. The hike was […] Read more





Global Markets: Canada’s economy flat in May

StatsCan projects slight growth in June

Compiled by Glen Hallick, MarketsFarm WINNIPEG, July 29 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Statistics Canada announced on Friday that the country’s economy was essentially flat in May. The federal agency issued its report on Canada’s gross domestic product, which showed essentially no growth, […] Read more

Global Markets: CN’s revenue jumps 21 per cent in Q2

Boost in freight rates, fuel charges help spur revenues

Compiled by Glen Hallick, MarketsFarm WINNIPEG, July 27 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Canadian National Railway reported on Wednesday that’s second quarter revenue hit C$4.34 billion, well exceeding expectations of C$4.08 billion and 21 per cent more than the same quarter last year. […] Read more