Global markets

By Commodity News Service Canada WINNIPEG, June 11 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – International markets will be following news out of Singapore closely this week, as U.S. President Donald Trump is there to meet with North Korean President Kim Jong Un to […] Read more

By Dave Sims, Commodity News Service Canada WINNIPEG, June 8 (CNS) – Apple will scale back the number of smartphones it makes each year. The move is being made in response to weakening demand for the company’s iPhone. Apple says it plans to ship 20 per cent fewer iPhones this year than last year. Telecommunications […] Read more

By Dave Sims, Commodity News Service Canada WINNIPEG, June 7 (CNS) – A Canadian company has been selected to design and build a chemical plant in Oman to the tune of C$1.9 billion. Montreal-based SNC-Lavalin Group Inc. is an engineering and construction company that does business in North America and throughout the world. According to […] Read more

By Dave Sims, Commodity News Service Canada WINNIPEG, June 6 (CNS) – Air Canada is expanding its presence in China. The company is formally entering into a partnership with Air China. Air Canada said the move would help the two airlines better coordinate connecting flights in the two countries. The venture is expected to be […] Read more

By Dave Sims, Commodity News Service Canada WINNIPEG, June 5 (CNS) – One of Canada’s biggest retailers will close 10 of its stores as the company grapples with fiscal challenges. Hudson’s Bay Company said Tuesday it will shutter 10 Lord & Taylor stores after it posted a C$400 million loss in its most recent quarter. […] Read more

By Commodity News Service Canada WINNIPEG, June 1, 2018 (CNS) – The following is a glance at the news moving markets in Canada and globally. Bayer AG is days away from closing its purchase of Monsanto Co. this week. Once the final regulatory approvals are in, Bayer plans to close the deal Thursday while raising […] Read more

By Commodity News Service Canada WINNIPEG, June 1, 2018 (CNS) – The following is a glance at the news moving markets in Canada and globally. Tim Hortons is trying to cash in on National Doughnut Day by offering a limited run doughnut breakfast sandwich. The Honey Dip Donut Breakfast Sandwich includes cheese, meat and eggs, […] Read more

By Commodity News Service Canada WINNIPEG, May 31, 2018 (CNS) – The following is a glance at the news moving markets in Canada and globally. A tentative deal has been made for the ownership of the Port of Churchill and the rail line to Churchill. Two groups representing northern communities and First Nations – One […] Read more

By Commodity News Service Canada WINNIPEG, May 30 (CNS) – The Canadian dollar rose in value Wednesday, supported by gains in the price of oil. The Canadian dollar settled Wednesday at US$0.7754 or C$1.2897, compared to Tuesday’s North American close of US$0.7680 or C$1.3020. The dollar was also supported by comments from the Bank of […] Read more

By Commodity News Service Canada WINNIPEG, May 30, 2018 (CNS) – The following is a glance at the news moving markets in Canada and globally. More than 3,000 Canadian Pacific Railway Ltd. workers walked off the job Tuesday night. The strike, by conductors and locomotive engineers who are members of Teamsters Canada Rail Conference, began […] Read more