Global markets

By Commodity News Service Canada WINNIPEG, May 7 (CNS) – Nestle has reached an agreement with Starbucks that will see the candy-maker selling the U.S. coffee chain’s products around the world. The deal involves things like bagged coffee and instant coffee. Nestle will pay Starbucks US$7.15 billion for the rights to the products. There are

By Commodity News Service Canada WINNIPEG, May 4 (CNS) – The Canadian dollar was unchanged at close Friday after weakness earlier in the day. The Canadian dollar settled Friday at US$0.7775 or C$1.2861, compared to Thursday’s North American close of US$0.7775 or C$1.2862. Oil prices rose two per cent on Friday, as global supplies remained

By Commodity News Service Canada WINNIPEG, May 4, 2018 (CNS) – The following is a glance at the news moving markets in Canada and globally. A group of Manitoba First Nations has announced it has formed a partnership with a private company, iChurchill Inc., that will result in the reopening of the rail line to

By Commodity News Service Canada WINNIPEG, May 3 (CNS) – The Canadian dollar closed lower Thursday, dragged down by a slight dip in the stock market. The Canadian dollar settled Thursday at US$0.7775 or C$1.2862, compared to Wednesday’s North American close of US$0.7781 or C$1.2851. Oil prices rose Thursday, boosted by Organization of Petroleum Exporting

By Commodity News Service Canada WINNIPEG, May 3, 2018 (CNS) – The following is a glance at the news moving markets in Canada and globally. Plane and train maker Bombardier Inc. has agreed to sell its Toronto aircraft assembly site to a pension fund as part of its efforts to raise extra cash under a

By Commodity News Service Canada WINNIPEG, May 2 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – Facebook Inc. is planning on adding an optional dating service to its social media network, announced CEO Mark Zuckerberg on Tuesday. Zuckerberg also announced that the company was working

By Commodity News Service Canada WINNIPEG, May 1 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally. – U.S. tariffs on steel and aluminum from Canada, the European Union, and Mexico will be postponed until June 1, with permanent exemptions for Argentina, Australia, and Brazil. The tariffs

=By Commodity News Service Canada WINNIPEG, April 30, 2018 (CNS) – The following is a glance at the news moving markets in Canada and globally. Canada’s stock exchange resumed trading Monday, after an abrupt shutdown Friday. The TMX Group Ltd. which operates the Toronto Stock Exchange and smaller Canadian trading platforms, said in a statement

By Commodity News Service Canada WINNIPEG, April 27, 2018 (CNS) – The following is a glance at the news moving markets in Canada and globally. The leaders of North and South Korea embraced on Friday after pledging to work for the “complete denuclearization of the Korean peninsula”, on a day of smiles and handshakes at

By Commodity News Service Canada WINNIPEG, April 26, 2018 (CNS) – The following is a glance at the news moving markets in Canada and globally. Ford Motor Co. announced Wednesday that it will stop making most of its North America car lineup as part of a broad plan to save money and make the company