Global markets

By Dave Sims, Commodity News Service Canada WINNIPEG, Aug 24 (CNS) – Stock markets around the globe softened Friday, as trade turmoil between China and the United States cast a gloomy shadow over the investment world. Metals were particularly affected, dropping multiple percentage points in the face of reciprocal tariffs launched by the two countries.

By Commodity News Service Canada Aug. 23 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – China has retaliated with new tariffs on US$16 billion worth of American imports on items including fuel, steel, automobiles and medical equipment. The move follows the U.S. move to place

By Commodity News Service Canada Aug. 22 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – Two of the largest threats yet to United States President Donald Trump’s presidency struck at once yesterday. Trump’s former campaign strategist Paul Manafort was found guilty of eight offences related

By Commodity News Service Canada Aug. 21 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. The Air Quality Health Index (AQHI) in British Columbia’s Lower Mainland area was reported late yesterday as being above 10, which indicates a very high health risk, and is among the

By Dave Sims, Commodity News Service Canada WINNIPEG, Aug 20 (CNS) – Venezuela is launching a new currency in a bid to tackle the country’s soaring inflation rate. President Nicolas Maduro says the new “sovereign bolivar” will stabilize the country’s economy and help it move towards a single floating exchange rate. However, critics say the

By Dave Sims, Commodity News Service Canada WINNIPEG, Aug 17 (CNS) – The Ontario government is being sued by electric vehicle maker Tesla over the recent cancellation of one of its programs. Tesla said it received no reason why the Doug Ford government axed the Electric and Hydrogen Vehicle Incentive Program, which provided rebates for

By Commodity News Service Canada Aug. 16 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – A state of emergency continues for all of British Columbia with 566 fires burning out of control. Currently, 3,050 people have been ordered to evacuate and another 48 evacuation alerts

By Commodity News Service Canada Aug. 15 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – Ottawa plans to announce later today that it will phase out neonicotinoid type pesticides, linked to bee deaths. The pesticides are widely used on canola, soybeans and corn, usually as

By Dave Sims, Commodity News Service Canada WINNIPEG, Aug 13 (CNS) – The plunging value of the Turkish currency is being felt throughout global markets. Economic unrest and soaring inflation has pushed the lira to a record low, prompting investors in Europe and other areas to seek safe havens. West Texas Intermediate futures also dropped

By Dave Sims, Commodity News Service Canada WINNIPEG, Aug 10 (CNS) – Canadian retailers are throwing cold water on an agreement by Visa and MasterCard to slash their fees for credit card transactions. Many merchants say the move is not enough to outweigh the pricey costs they’re being saddled with. The two credit companies agreed