Global Markets: Wal-Mart reports better than expected sales

By Commodity News Service Canada
WINNIPEG, Nov. 16, 2017 (CNS) – The following is a glance at
the news moving markets in Canada and globally.
Wal-Mart, the world’s largest retailer, reported better-
than-expected quarterly sales at United States stores Thursday.
Sales were boosted by hurricane-related purchases and soaring
online sales. Shares rose by 4.4 per cent.
Twenty countries, including Canada, and two U.S. states
(Washington and Oregon) have joined an international alliance to
phase out coal from power generation before 2030, environment
ministers said Thursday. Coal is responsible for more than 40
per cent of global emissions of the greenhouse gas carbon
dioxide.
A second lawsuit has been filed against organizers of
cybercurrency technology project Tezos. Tezos is an initiative
that raised $232 million to issue a cryptocurrency that doesn’t
exist and fund development of a transaction system that has no
clear end date.

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