Reading Time: < 1 minute Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – In the economic outlook released by Deloitte Canada on Thursday, it predicted the country’s economy will grow in the second half of 2024 following stagnant growth in the first half. The firm also forecasts interest rate cuts […] Read more
Global Markets: Canada’s economy to grow in 2024
Global Markets: Explosions kill 103 people in Iran
Reading Time: < 1 minute Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – A pair of explosions at an event commemorating a deceased general killed at least 103 people and wounded at least 141 others in the Iranian city of Kerman on Wednesday. Iranian state media called the explosions […] Read more
Global Markets: Planes collide in Japanese airport
Reading Time: < 1 minute Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – A Japanese coast guard aircraft and a passenger plane collided at Tokyo’s Haneda Airport on Tuesday, which both burst into flames and killed five crew members of the former. All 379 occupants of Japan Airlines flight […] Read more
Global Markets: Massive aerial bombardment strikes Ukraine
18 people reported dead
Reading Time: 2 minutes By Glen Hallick Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Russia launched almost 160 drones and missiles at Ukraine overnight, in what’s being described as one of the largest aerial strikes in the nearly two-year-old war. Reports on Friday said 118 […] Read more
Global Markets: Japan supplying missiles to Ukraine
Russia warns of 'grave consequences'
Reading Time: < 1 minute By Glen Hallick Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Tensions between Russia and Japan ramped up after the latter announced earlier this week it will indirectly supply United States-built Patriot air defence missiles to Ukraine. While Japanese law prevents the […] Read more
Global Markets: Rebels attack container ship
UAV shot down after it approaches another vessel
Reading Time: < 1 minute By Glen Hallick Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Houthi rebels in Yemen attacked another cargo vessel on Tuesday, according to reports. The MSC United VIII was en route from Saudi Arabia to Pakistan when rebel naval forces approached the […] Read more
Global Markets: Canada’s economy relatively steady
Reading Time: < 1 minute Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – Statistics Canada (StatCan) reported on Friday that the country’s gross domestic product expanded by 0.1 per cent in November, according to preliminary data. While manufacturing and agricultural sectors grew during the month, retail trade declined. StatCan […] Read more
Global Markets: Canadian retail sales unchanged in November
Reading Time: < 1 minute Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – An advanced estimate from Statistics Canada (StatCan) released on Thursday morning suggested that retail sales were flat in November compared to the month before. Retail sales rose 0.7 per cent in October, slightly below a 0.8 per […] Read more
Global Markets: Canada to phase out gas-powered vehicle sales
Reading Time: < 1 minute Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – Canada’s Environment Minister Steven Guilbeault announced on Tuesday that regulations are being finalized to phase out the sale of combustion engine passenger vehicles by 2035. Automakers will also be mandated to increase the number of electric […] Read more
Global Markets: Canada’s inflation rate unchanged
Reading Time: < 1 minute Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – Statistics Canada (StatCan) reported on Tuesday morning that Canada’s annual inflation rate was unchanged in November, remaining at 3.1 per cent as it had been in October. However, economists had expected the rate to move below […] Read more