Global Markets: Hurricane Florence wreaks havoc on U.S. crops

By Dave Sims, Commodity News Service Canada WINNIPEG, Sep. 21 (CNS) – Hurricane Florence has cost farmers in the Carolinas US$125 million in damages so far, according to the state government. Cotton, corn, tobacco and peanut crops all suffered heavy damage from strong winds and wet soil. The storm occurred during harvest for many producers,



Global Markets: Trudeau under increasing pressure for NAFTA deal

By Commodity News Service Sept. 19 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. Prime Minister Justin Trudeau is facing increased nervousness in Canadian business and political circles over the government’s inability to reach agreement with the United States over a remodeled North American Free Trade

Global Markets: Liberal MP crosses floor to join Conservatives

By Commodity News Service Sept. 18 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. Leona Alleslev, Toronto area member of parliament for the Liberal government, has surprised Ottawa political circles by quitting the governing Liberals and joining the opposition Conservative party. The Liberals retain their majority


Global Markets: Coca-Cola to develop new cannabis beverage

By Dave Sims, Commodity News Service Canada WINNIPEG, Sep. 17 (CNS) – Coca-Cola is taking its first step into the world of cannabis. The company is in talks with Aurora Cannabis to develop the company’s first cannabis-infused beverage. According to BNN Bloomberg, the two companies want to develop a drink that can also ease inflammation

Global Markets: Hurricane Florence makes landfall

By Commodity News Service Canada WINNIPEG, Sep. 14 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – Hurricane Florence made landfall on the North Carolina coast early Friday morning. While the storm has been downgraded to a Category 1 hurricane, it is moving very slowly and


Global Markets: Florence moves closer to U.S. East Coast

By Commodity News Service Canada Sept. 13 (CNS Canada) — The following is a glance at the news moving markets in Canada and globally. – Hurricane Florence has weakened slightly into a Category 2 storm as it heads inland for the Carolina coast. Despite the downgrading, Florence’s dangers lie in its storm surges, extreme coastal

Global Markets: “Storm of a lifetime” to hit Friday

By Commodity News Service Sept. 12 (CNS Canada) — The following is a glance at the news moving markets in Canada and globally. – Hurricane Florence, referred to as a “storm of a lifetime” by the U.S. National Weather Service, could now stall as it approaches the Carolina coast and batter a major swath of


Global Markets: Evacuations ordered along U.S. Coast

By Commodity News Service Canada WINNIPEG, Sep. 11 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – Hurricane Florence is bearing down on the southeastern United States, causing officials to order 1.5 million people to evacuate their homes in the Carolinas. The storm is expected to

Global Markets: U.S./China trade spat ongoing

WINNIPEG, Sep. 10 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – China will retaliate against the United States if U.S. President Donald Trump follows through on threats of imposing additional tariffs on Chinese imports, said China’s foreign ministry on Monday. – Swedish voters were divided