Reading Time: 2 minutes Compiled by MarketsFarm WINNIPEG, Oct. 24 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. With the wars in Gaza and Ukraine, the International Energy Agency stated on Tuesday that a sharp hike in fossil fuel prices could trigger a dramatic shift towards renewable energy, electric […] Read more
Global Markets: IEA boss warns of shift away from fossil fuels
Oil, gas not safe, secure choices says Birol
Global Markets: Seaway workers off the job
C$16.7 billion worth of cargo transited St. Lawrence Seaway in 2022
Reading Time: 2 minutes Compiled by MarketsFarm WINNIPEG, Oct. 23 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. Hundreds of workers for the St. Lawrence Seaway walked off the job on Sunday as negotiations between Unifor and the St. Lawrence Seaway Management Corporation fell apart. In the meantime, the […] Read more
Global Markets: Retail sales slightly down in August
Reading Time: 2 minutes WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Statistics Canada (StatCan) reported on Friday that retail sales decreased by 0.1 per cent in August from the month before to C$66.1 billion. Core retail sales, which exclude gas stations and motor vehicle parts, were down 0.3 per […] Read more
Global Markets: St. Lawrence Seaway workers issue strike notice
Reading Time: < 1 minute WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Unifor, the union representing workers on the St. Lawrence Seaway Corp., issued a 72-hour strike notice to employers on Wednesday. The union added that it will bargain through Thursday in order to avoid a strike by Saturday. Negotiations […] Read more
Global Markets: Blast hits Gaza hospital
Reading Time: 2 minutes WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – The conflict between Israel and Hamas was inflamed on Tuesday when a massive blast occurred at a hospital in Gaza City, killing 500 people, according to Hamas. The militant group blamed an Israeli airstrike for the explosion, while […] Read more
Global Markets: Canada’s inflation slows in September
Reading Time: < 1 minute WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Statistics Canada (StatCan) reported today that the country’s annual inflation rate was 3.8 per cent in September, lower than economists’ expectations and 0.2 points lower than what it was in August. Excluding gasoline, the inflation rate would have […] Read more
Global Markets: One million Gaza residents flee homes
Reading Time: 2 minutes WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – More than one million people are estimated to have fled the Gaza Strip ahead of an anticipated offensive by Israeli forces against Hamas. In a visit to Egypt on Monday, French foreign minister Catherine Colonna accused Hamas from […] Read more
Global Markets: Israel warns Gazans to evacuate
Reading Time: < 1 minute By MarketsFarm WINNIPEG, Oct. 13 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. The Israeli military has issued an evacuation order to a million Palestinians living in the northern part of the territory, ahead of an expected ground invasion. Hamas has dismissed the warnings and […] Read more
Global Markets: U.S. Secretary of State visits Israel
Reading Time: < 1 minute By MarketsFarm WINNIPEG, Oct. 12 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. United States Secretary of State Antony Blinken visited Jerusalem on Thursday reiterating the country’s support for Israel in its fight against Hamas. Israeli Prime Minister Benjamin Netanyahu thanked the U.S. “for standing […] Read more
Global Markets: Humanitarian crisis in Gaza
Reading Time: < 1 minute By MarketsFarm WINNIPEG, Oct. 11 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. Humanitarian groups are warning of an impending catastrophe in Gaza as food will likely run out in days and the territory’s power plant has shut down. Hundreds of people are dead on […] Read more