Global markets

Reading Time: < 1 minute By Commodity News Service Canada Nov. 8 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – One of the world’s largest pharmaceutical companies is enjoying a healthy boost to its stock price. Shares of Valeant Pharmaceuticals International Inc. rose more than 17 percent after it announced […] Read more

Reading Time: < 1 minute By Commodity News Service Canada Nov. 7 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – Walt Disney Co. is reportedly in talks to buy a large portion of Twenty-First Century Fox. The deal would apparently not include Fox’s news or sports divisions. Under U.S. rules […] Read more

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, MB, Nov. 7, 2017 (CNS Canada) – The Canadian was slightly lower at open Tuesday, as stock markets around the world rallied. At 8:58 CST Tuesday morning the Canadian dollar was at US$0.7827 or C$1.2776 which compares with Monday’s North American close of US$0.7846 or C$1.2746. Oil prices eased […] Read more

Reading Time: < 1 minute By Commodity News Service Canada Nov. 6 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – One of the world’s premier automakers has issued a major recall. BMW is recalling more than a million vehicles that could be at risk of developing fires under the hood. […] Read more

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, Nov. 3, 2017 (CNS) – The following is a glance at the news moving markets in Canada and globally. The Canadian economy added 35,300 jobs in October but the unemployment rate crept higher, with more young people looking for work, according to Statistics Canada Friday. Full-time positions swelled by […] Read more

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, Nov. 2, 2017 (CNS) – The following is a glance at the news moving markets in Canada and globally. The Bank of England has raised its rates for the first time in more than a decade. Its nine rate-setters voted seven to two to increase the benchmark Bank Rate […] Read more

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, November 1 (CNS) – The following is a glance at the news moving markets in Canada and globally. For the first time in nearly three years, oil made gains for four straight months. Oil gained seven per cent in October and Wednesday it rose to its highest price since […] Read more

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, October 31 (CNS) – The following is a glance at the news moving markets in Canada and globally. The Canadian economy unexpectedly shrank in August. August gross domestic product edged down by 0.1 per cent from July, this is the first month-on-month decline since October, 2016. It was in […] Read more

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, October 30 (CNS) – The following is a glance at the news moving markets in Canada and globally. The amount of carbon dioxide in the earth’s atmosphere grew at a record rate in 2016 according to the United Nations. It grew to a level not seen for millions of […] Read more

Reading Time: < 1 minute By Commodity News Service Canada WINNIPEG, October 27 (CNS) – The following is a glance at the news moving markets in Canada and globally. Ottawa is expected to review the $1.5 billion takeover of Calgary-based construction company Aecon Group Inc. by China’s CCC International. It is unlikely to have to weather the bumpy and ultimately […] Read more