Global markets

By Dave Sims, Commodity News Service Canada WINNIPEG, Aug 13 (CNS) – The plunging value of the Turkish currency is being felt throughout global markets. Economic unrest and soaring inflation has pushed the lira to a record low, prompting investors in Europe and other areas to seek safe havens. West Texas Intermediate futures also dropped […] Read more

By Dave Sims, Commodity News Service Canada WINNIPEG, Aug 10 (CNS) – Canadian retailers are throwing cold water on an agreement by Visa and MasterCard to slash their fees for credit card transactions. Many merchants say the move is not enough to outweigh the pricey costs they’re being saddled with. The two credit companies agreed […] Read more

By Commodity News Service Canada Aug. 9 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – Saudi Arabian oil company Armaco will carry on as usual with its Canadian customers despite a deep diplomatic rift between Saudi Arabia and Canada. Contrary to media reports, the Middle […] Read more

By Commodity News Service Canada Aug. 8 (CNS Canada) — The following is a glance at the news moving markets in Canada and globally. – Saudi Arabia is working to transfer home all Saudi patients in hospitals in Canada in retaliation for Ottawa urging Saudi to free human rights activists. Saudi Arabia has already frozen […] Read more

By Commodity News Service Canada Aug. 7 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. Rick Gates, an associate of United States President Donald Trump’s former campaign chair Paul Manafort testified that he did not report 15 bank accounts to the federal government at Manafort’s request. […] Read more

By Commodity News Service Canada WINNIPEG, Aug 3, 2018 (CNS) – The following is a glance at the news moving markets in Canada and globally. Canada’s merchandise trade deficit lowered to C$626 million in June, down C$2.7 million from July, according to new data released by Statistics Canada. This was lower than forecasted following the […] Read more

By Commodity News Service Canada Aug. 2 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – United States President Donald Trump is reportedly considering increasing the tariffs on US$200 billion in Chinese imports to 25 per cent from 10. The president is trying to use tariffs […] Read more

By Commodity News Service Canada Aug. 1 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. A candidate for Toronto city council is launching legal action to delay the provincial government’s plan to reorganize the city’s wards. Rocco Achampong, a lawyer vying for councillor in Ward 13, […] Read more

WINNIPEG, July 31, 2018 (CNS) – The following is a glance at the news moving markets in Canada and globally. Canada’s economy grew at the fastest pace in a year, due to gains in the price of crude oil, according to new data from Statistics Canada. Gross domestic product rose by 0.5 per cent in […] Read more

By Dave Sims, Commodity News Service Canada WINNIPEG, July 30 (CNS) – A merger between Nokia and T- Mobile is set to give the United States another giant player in the world of telecoms. T-Mobile had already agreed to a merger with Sprint earlier this year, as the two companies vied to compete with larger […] Read more