Global markets

By Commodity News Service Canada WINNIPEG, May 16 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – Venezuelan authorities have seized control of the Kellogg cereal factory in the country after the company announced it was shutting down operations due to “economic and social deterioration.” Venezuela’s […] Read more

By Commodity News Service Canada WINNIPEG, May 15 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – Average Canadian house prices declined by more than 11 per cent on an annual basis as of April, according to a report from the Canadian Real Estate Association. New […] Read more

By Commodity News Service Canada WINNIPEG, May 14 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – The United States officially opened its Israeli embassy in Jerusalem on Monday, despite objection from many allies. The move has sparked Palestinian protests with at least 41 people killed […] Read more

By Commodity News Service Canada WINNIPEG, May 11 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – Canada’s unemployment rate held at 5.8 per cent in April with a total loss of 1,100 jobs, according to a report from Statistics Canada. Average market expectations had been […] Read more

By Commodity News Service Canada WINNIPEG, May 10 (CNS) – Global markets opened stronger Thursday morning, taking strength from overnight gains on Wall Street. France’s CAC 40 rose nearly 0.1 per cent in early trading to 5,539.46 while Japan’s benchmark Nikkei 225 advanced 0.4 per cent to close at 22,497.18. Australia’s S&P/ASX 200 gained 0.2 […] Read more

By Commodity News Service Canada WINNIPEG, May 7 (CNS) – Nestle has reached an agreement with Starbucks that will see the candy-maker selling the U.S. coffee chain’s products around the world. The deal involves things like bagged coffee and instant coffee. Nestle will pay Starbucks US$7.15 billion for the rights to the products. There are […] Read more

By Commodity News Service Canada WINNIPEG, May 4 (CNS) – The Canadian dollar was unchanged at close Friday after weakness earlier in the day. The Canadian dollar settled Friday at US$0.7775 or C$1.2861, compared to Thursday’s North American close of US$0.7775 or C$1.2862. Oil prices rose two per cent on Friday, as global supplies remained […] Read more

By Commodity News Service Canada WINNIPEG, May 4, 2018 (CNS) – The following is a glance at the news moving markets in Canada and globally. A group of Manitoba First Nations has announced it has formed a partnership with a private company, iChurchill Inc., that will result in the reopening of the rail line to […] Read more

By Commodity News Service Canada WINNIPEG, May 3 (CNS) – The Canadian dollar closed lower Thursday, dragged down by a slight dip in the stock market. The Canadian dollar settled Thursday at US$0.7775 or C$1.2862, compared to Wednesday’s North American close of US$0.7781 or C$1.2851. Oil prices rose Thursday, boosted by Organization of Petroleum Exporting […] Read more

By Commodity News Service Canada WINNIPEG, May 3, 2018 (CNS) – The following is a glance at the news moving markets in Canada and globally. Plane and train maker Bombardier Inc. has agreed to sell its Toronto aircraft assembly site to a pension fund as part of its efforts to raise extra cash under a […] Read more