Global Markets: Trump Facebook ban upheld

WINNIPEG, May 5 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.

– Facebook’s oversight board has upheld a ban on Donald Trump, keeping the former United States President off of the social media platform for the time being. Trump was suspended after the Jan. 6 riot at the U.S. Capitol building. Trump remains banned from Twitter, his formerly most-used platform.

– G7 meetings in London, England have been hit by COVID, with the entire delegation from India in isolation after two members tested positive for the virus.

– U.S. private payrolls increased by 742,000 jobs in April, marking the largest rise in seven months as the country’s economy recovers from the pandemic, according to the latest ADP National Employment Report. Data for March was also revised higher.

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