Global Markets: G7 moving towards global tax agreement

Specifics still need to be worked out

Reading Time: < 1 minute Compiled by Glen Hallick, MarketsFarm WINNIPEG, June 7 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – The Group of Seven (G7) countries are moving towards an agreement on taxing multinational companies that would include a global minimum corporate tax rate. “Multinational companies need to pay their […] Read more

Global Markets: Mixed U.S./Canadian jobs data

Reading Time: < 1 minute By MarketsFarm WINNIPEG, June 4 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – The United States unemployment rate fell to 5.8 per cent in May, from 6.1 per cent the previous month, as the country added 559,000 jobs, according to a report from the U.S. Labor […] Read more





Global Markets: European inflation beats expectations

Reading Time: < 1 minute By MarketsFarm WINNIPEG, June 1 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Inflation in the Euro zone climbed to 2.0 per cent in May, from 1.6 per cent the previous month, according to data from Eurostat. The rate of inflation came in above market expectations, […] Read more

Global Markets: China eases child policy

Reading Time: < 1 minute By MarketsFarm WINNIPEG, May 31 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – China is easing its policy on childbirth, announcing Monday that married couples will now be able to have up to three children. The ‘one-child policy’ allowing only one child for most couples that […] Read more



Global Markets: Oil giants face major setbacks

Reading Time: 2 minutes WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – A shareholder group led by climate activist investment fund Engine No. 1 won two seats on ExxonMobil’s board of directors on Wednesday, which could help steer the company towards a more climate-conscious culture. BlackRock Inc., ExxonMobil’s second-largest shareholders, […] Read more


Global Markets: Amazon buys MGM, sued for antitrust

Reading Time: 2 minutes WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – It was a mixed day for online retail giant Amazon on Wednesday as it purchased the Metro-Goldwyn-Mayer (MGM) movie studio for US$8.45 billion. The transaction is Amazon’s largest since acquiring grocery chain Whole Foods in 2017 for US$13.7 […] Read more

Global Markets: Belarus faces ban from airlines

Reading Time: < 1 minute WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Several airlines including Lufthansa, KLM, SAS, Air France, LOT and Singapore Airlines have decided to avoid flying over Belarussian airspace, while countries across Europe have stopped welcoming planes from the nation after a plane was forced to land […] Read more