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Global markets

Global Markets: More jobs added to U.S. economy

August increases on top of July gains

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Compiled by Glen Hallick, MarketsFarm WINNIPEG, Sept. 2 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – The United States economy was bolstered by the addition of 315,000 jobs in August, according to the Department of Labor on Friday. This followed the addition of 528,000 jobs in […] Read more
Global markets

Global Markets: Another Russian executive dies

Maganov opposed invasion of Ukraine

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Compiled by Glen Hallick, MarketsFarm WINNIPEG, Sept. 31 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Ravil Maganov, the chair of Russian oil giant Lukoil, died on Thursday, becoming the latest high-profile businessperson in Russia to die under mysterious circumstances. While the Tass new agency said […] Read more
Global markets

Global Markets: Slower economic growth in June says StatCan

Q2 growth reported to be 3.3 per cent

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Compiled by Glen Hallick, MarketsFarm WINNIPEG, Aug. 31 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Statistics Canada reported on Wednesday that the country’s GDP grew by an annual rate of 3.3 per cent in the second quarter following loosening of COVID-19 restrictions. For June, the […] Read more
Global markets

Global Markets: Climate change poses huge cost to economy

Report cites water as primary reason

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Compiled by Glen Hallick, MarketsFarm WINNIPEG, Aug. 30 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Climate change could lead to a C$139 billion loss in the Canadian economy over the next 30 years, according to a report released on Monday by global engineering firm GHD. […] Read more
Global markets

Global Markets: U.K. facing 80 per hike in power costs

Inflation already expected to be 13 per cent

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Compiled by Glen Hallick, MarketsFarm WINNIPEG, Aug. 26 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – With the onset of winter only a few months away, the United Kingdom is facing an 80 per cent hike in electricity and gas bills, according to the Office of […] Read more
Global markets

Global Markets: Growing support for crude cuts

But Iran deal could lift oil sanctions

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Compiled by Glen Hallick, MarketsFarm WINNIPEG, Aug. 25 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Prices at the fuel pump could rise again as the OPEC+ alliance is poised to cut crude oil production. Reports on Thursday said Iraq and Kuwait threw their support behind […] Read more
Global markets

Global Markets: Canadian minerals for European batteries

Purchasing lithium, nickel, cobalt and graphite

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Compiled by Glen Hallick, MarketsFarm WINNIPEG, Aug. 24 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – As part of German Chancellor Olaf Scholz’s visit to Canada, an agreement was signed on Tuesday that will see Canadian lithium, nickel, cobalt and graphite purchased by Volkswagen and Mercedes-Benz. […] Read more
Global markets

Global Markets: Scotiabank sees quarterly improvement

Other big banks to follow with their reports

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Compiled by Glen Hallick, MarketsFarm WINNIPEG, Aug. 23 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – At nearly C$2.6 billion in profits during the third quarter, the Bank of Nova Scotia reported on Tuesday that’s almost a two per cent improvement over the same quarter a […] Read more
Global markets

Global Markets: Ukraine wants turbine waiver nixed

Turbines crucial to Germany's gas imports from Russia

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Compiled by Glen Hallick, MarketsFarm WINNIPEG, Aug. 22 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Ukraine issued a demand on Monday that called on Canada to cancel a special waiver regarding gas turbines are that are crucial to Germany’s natural gas imports from Russia. The […] Read more

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