Global Markets: Unhappiness over COP26 coal compromise

China, India to 'phase down' coal use

Reading Time: 2 minutes Compiled by Glen Hallick, MarketsFarm WINNIPEG, Nov. 15 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – There has been sharp criticism from climate activists towards the COP26 agreement for including a controversial compromise over coal reached over the weekend. China and India are the world’s largest […] Read more

Global Markets: Johnson & Johnson splitting into two

Reading Time: < 1 minute WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Johnson & Johnson, the world’s biggest maker of healthcare products, announced on Friday it will split into two separate companies which the corporation believes will improve focus and efficiency. One of the new companies will sell prescription drugs […] Read more


Global Markets: U.S. inflation highest since 1990

Reading Time: < 1 minute WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Data from the United States Labor Department revealed on Wednesday the consumer price index (CPI) increased at an annualized rate of 6.2 per cent in October, the highest rate of inflation in the country in 31 years. The […] Read more

Global Markets: General Electric breaking up

Reading Time: < 1 minute WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – General Electric (GE), the venerable manufacturer created by Thomas Edison and later became the world’s most valuable company, will be broken up into three separate entities, it announced on Tuesday. GE’s healthcare business will be spun off in […] Read more


Global Markets: U.S. re-opens land border to Canadians

Reading Time: 2 minutes WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – For the first time in 19 months, the United States has allowed Canadians to cross its land border for non-essential travel on Monday. Adult travellers entering the U.S. from Canada must be fully vaccinated against COVID-19 in order […] Read more

Global Markets: Canada adds 31,200 jobs in October

Reading Time: < 1 minute WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Statistics Canada reported on Friday that the Canadian economy added 31,200 jobs in October, which lowered the unemployment rate by 0.2 percentage points to a new pandemic-low of 6.7 per cent. However, many economists had predicted there would […] Read more


Global Markets: Feds to cut oil and gas subsidies

Reading Time: < 1 minute WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – The Canadian government announced on Thursday it will redirect oil and gas subsidies towards green energy initiatives by the end of 2022. Canada, the United States, New Zealand and Costa Rica are four of 24 signatories of a […] Read more



Global Markets: Rogers decision to be made on Friday

Reading Time: < 1 minute WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – A decision on the boardroom battle between Edward Rogers and Rogers Communications Inc. will be brought down on Friday afternoon, British Columbia Supreme Court judge Shelley Fitzpatrick said on Monday. Rogers claimed that as chairman of a family-owned […] Read more

Global Markets: World leaders meet for COP26

Reading Time: 2 minutes WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – The United Nations Climate Change Conference (COP26) began in Glasgow, Scotland on Sunday and will be held until Nov. 12, which includes more than 190 world leaders including Canadian Prime Minister Justin Trudeau, United States President Joe Biden […] Read more