By Commodity News Service Canada
WINNIPEG, Dec. 19 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally.
– Global stock markets took strength on Tuesday morning from potential changes to U.S. interest rates. There are widespread expectations lawmakers will soon approve plans to raise rates in the New Year. The Shanghai Composite Index rose 0.6 per cent to 3,287.48 while Sydney’s S&P-ASX 200 gained 0.5 per cent to 6,071.80.
– A Canadian medical marijuana producer has signed a deal with an organic waste treatment provider. Aurora Cannabis Inc. is teaming up with Micron Waste Technologies Inc. to install a waste disposal unit at its facilities.
– McDonald’s Restaurant is preparing to launch a meat-free burger in Europe. Diners in Sweden and Finland will be the first ones to sink their teeth into a McVegan burger. The new entrée consists of a soy patty, bun, tomato, lettuce, pickles, onion, ketchup, mustard, oil and an egg-less sandwich sauce. The burger will start being sold on December 28.