Reading Time: 2 minutes WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – The Swiss National Bank (SNB) announced on Sunday that UBS will purchase its rival Credit Suisse in an acquisition designed to calm global markets rattled by the latter’s struggles. In a move orchestrated by SNB’s regulators, UBS will […] Read more
Global Markets: UBS to buy Credit Suisse
Global Markets: China’s Xi to meet with Putin in Russia
Reading Time: < 1 minute By MarketsFarm WINNIPEG, March 17 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. Chinese leader Xi Jinping is set to visit his counterpart Vladimir Putin in Russia next week, with the diplomatic meeting seen by some as a sign of Chinese support of Russia’s Ukrainian invasion. […] Read more
Global Markets: CP Rail completes acquisition
Reading Time: < 1 minute WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Canadian Pacific Railway (CP Rail) received approval from the United States Transportation Board on Wednesday to complete its US$27 billion acquisition of Kansas City Southern, creating the only railway to serve Canada, the U.S. and Mexico. The deal […] Read more
Global Markets: Drone crash details unclear
Reading Time: < 1 minute By MarketsFarm WINNIPEG, March 15 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. The details of an incident that saw a Russian fighter jet collide with a United States surveillance drone over the Black Sea remain unclear, with both sides offering conflicting reports blaming the […] Read more
Global Markets: Garbage piles up in France
Reading Time: < 1 minute By MarketsFarm WINNIPEG, March 14 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. A strike by French sanitation workers hit its ninth day Tuesday, with garbage piling up on Paris streets and other cities in the country. The workers are protesting a bill that would […] Read more
Global Markets: Bank collapse fallout puts markets on edge
Reading Time: < 1 minute By MarketsFarm WINNIPEG, March 13 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. The collapse of the Silicon Valley Bank (SVB) in the United States on Friday kept global financial markets on edge to start the new week, as governments work to assure people that their […] Read more
Global Markets: Job growth slows in Canada, U.S.
But more jobs could mean more interest rate hikes
Reading Time: 2 minutes Compiled by MarketsFarm WINNIPEG, March 10 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. Statistics Canada (StatCan) reported on Friday that 21,800 jobs were added to the country’s economy in February. That was more than double the expectations from economists and kept Canada’s unemployment rate […] Read more
Global Markets: Large missile attack hits Ukraine
16 people reported dead, 20 injured
Reading Time: < 1 minute Compiled by MarketsFarm WINNIPEG, March 9 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. Russia launched 81 missiles at Ukraine on Thursday, which marked one of the biggest aerial assaults in the year-old war. Targets included key infrastructure facilities in Kyiv, Dnipro, Kharkiv, Lviv, Odesa, […] Read more
Global Markets: Gender equality coming too slow warns UN chief
Could take 300 years to achieve says Guterres
Reading Time: < 1 minute Compiled by MarketsFarm WINNIPEG, March 8 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. As March 8 marks International Women’s Day, United Nations Secretary-General Antonio Guterres warned that current pace towards gender equality is far too slow, suggesting such would only be achieved in 300 […] Read more
Global Markets: Trudeau stops short of independent inquiry
Tories, NDP demand public inquiry into China's election meddling
Reading Time: 2 minutes Compiled by MarketsFarm WINNIPEG, March 7 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. Canadian Prime Minister Justin Trudeau announced on Monday that an independent special rapporteur will be appointed to look into allegations that China meddled in Canada’s 2019 and 2021 federal elections. With […] Read more