Global Markets: Tsunami warnings downgraded

Glacier FarmMedia — The following is a glance at the news moving markets in Canada and globally.   Tsunami warnings triggered by a Russian earthquake were being downgraded Wednesday morning. The 8.8 magnitude quake in the Pacific Ocean near eastern Russia’s Kamchatka region sent tsunami waves towards Russia, Japan, Hawaii, and the West Coast of […] Read more

Global Markets: Union Pacific to buy Norfolk Southern

Glacier FarmMedia — The following is a glance at the news moving markets in Canada and globally.   Union Pacific announced plans to purchase smaller Norfolk Southern for US$85 billion on Tuesday. If approved, the deal would create the first coast-to-coast freight rail operator for the United States. Union Pacific is primarily concentrated across the […] Read more


Global Markets: U.S. reaches trade deal with Europe

Glacier FarmMedia — The following is a glance at the news moving markets in Canada and globally.   The United States and European Union reached a trade agreement on Sunday, setting 15 per cent tariff on most goods. U.S. President Donald Trump described the agreement as “a good deal for everybody,” while European Commission chief […] Read more



Global Markets: Retail sales down in May

Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – Statistics Canada reported on Thursday that retail sales decreased 1.1 per cent at C$69.2 billion in May, largely due to a 3.6 per cent decline at motor vehicle and parts dealers, as well as a […] Read more



Global Markets: Carney meets with U.S. senators, premiers

Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – Canadian Prime Minister Mark Carney will brief Canada’s premiers on Tuesday about the federal government’s ongoing trade negotiations with the United States. The premiers are taking part in a three-day summit in Huntsville, Ont. to discuss […] Read more

Global Markets: PM, premiers to meet for summit

Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – Canada’s premiers and Indigenous leaders will meet in Muskoka, Ont. to discuss trade, tariffs and other topics in a three-day summit starting on Monday. Prime Minister Mark Carney will join them on Tuesday to provide […] Read more


Global Markets: Chevron secures major win

Exxon challenged Chevron's access to major oil reserve

By Glen Hallick   Glacier Farm Media | MarketsFarm – The following is a glance at the news moving markets in Canada and globally.   Chevron’s US$53 billion takeover of Hess will proceed; the International Chamber of Commerce ruled on Thursday. Exxon Mobil challenged Chevron’s move to gain access to the oil reserves in the […] Read more

Global Markets: Carney imposes tariffs to protect Canadian steel industry

Attempting to stymie imports of cheap foreign steel

By Glen Hallick   Glacier Farm Media | MarketsFarm – The following is a glance at the news moving markets in Canada and globally.   Canadian Prime Minister Mark Carney announced on Wednesday that 50 per cent tariffs will be slapped on imports of cheap foreign steel in order to bolster domestic production. Carney said […] Read more